An Endowment fund, whose purpose, governance, and operational procedures shall be defined by special resolution adopted by the congregation, shall be established.
Christian stewardship involves the faithful management of all gifts God has given to humankind – time, talents, the created world and money, including accumulated, inherited and appreciated resources; and Christians can give to the work of the church through bequests in wills, charitable gift annuities, assignment of life insurance, and transfers of property (cash, stocks, bonds, real estate): and It is the desire of the congregation to encourage, receive, and administer these gifts in a manner consistent with the loyalty and devotion to their Lord expressed by the grantors and in accord with the policies of this congregation:
The purpose of this FUND is to enhance the mission outreach of Hope United Church of Christ apart from the general operation of the congregation: that no portion of the income generated by the FUND shall be used for annual operating budget of the congregation; that, except where authorized otherwise in the terms of the gift, all principal amounts will be retained and only the income expended;
The committee shall consist of five members, all of whom shall be voting members of Hope UCC. Except as herein limited, the term of each member shall be three (3) years.
The COMMITTEE shall meet at least quarterly, or more frequently as deemed by it in the best interest of the FUND.
Please keep this in mind when drawing up your will or living trust, stating your intention to give money or assets to your church and identifying the projects within your church that you wish the money or assets to be spent on. Thank you!
Endowment
ENDOWMENT FUND
An Endowment fund, whose purpose, governance, and operational procedures shall be defined by special resolution adopted by the congregation, shall be established.
Christian stewardship involves the faithful management of all gifts God has given to humankind – time, talents, the created world and money, including accumulated, inherited and appreciated resources; and Christians can give to the work of the church through bequests in wills, charitable gift annuities, assignment of life insurance, and transfers of property (cash, stocks, bonds, real estate): and It is the desire of the congregation to encourage, receive, and administer these gifts in a manner consistent with the loyalty and devotion to their Lord expressed by the grantors and in accord with the policies of this congregation:
The purpose of this FUND is to enhance the mission outreach of Hope United Church of Christ apart from the general operation of the congregation: that no portion of the income generated by the FUND shall be used for annual operating budget of the congregation; that, except where authorized otherwise in the terms of the gift, all principal amounts will be retained and only the income expended;
The committee shall consist of five members, all of whom shall be voting members of Hope UCC. Except as herein limited, the term of each member shall be three (3) years.
The COMMITTEE shall meet at least quarterly, or more frequently as deemed by it in the best interest of the FUND.
Please keep this in mind when drawing up your will or living trust, stating your intention to give money or assets to your church and identifying the projects within your church that you wish the money or assets to be spent on. Thank you!