ENDOWMENT GIVING

 

 

The Lord has provided for Trinity for many years, but in view of the challenges of the future, Trinity seeks to use its financial talents to build a more secure foundation.

 

An Endowment fund provides support for non-profit institutions by pooling money into a trust which provides interest each year to support the operating fund of the entity. Trinity's very small endowment fund could be compared to an acorn -- the vestry's goal is to grow it into a large oak.

 

Did you know that The Book of Common Prayer calls it a "duty" to make a will while you are healthy and able to arrange for the disposal of your worldly possessions as an essential part of Christian stewardship?

 

One easy way to contribute to Trinity's endowment fund is to name the church as the beneficiary of a retirement plan or life insurance policy. If you have an IRA, 401(k), or 403(b), you can name Trinity for a percentage. Just call the toll-free number on your retirement plan statement and ask for a "Change of Beneficiary" form. It is free, private and simple to do, and does not require a lawyer. The same steps can be taken for life insurance policies, even if they are provided by your employer.

 

If you would like to endow your pledge, just take your annual pledge amount -- $5,000, for example -- and multiply it by 20. The result, $5,000 times 20 is $100,000. Given that 5% of your endowment typically is distributed each year, your endowment gift would equal your existing pledge payment.