Purpose of the Fund

• Established in 1982 to provide a stronger financial base for ministry and operation of our church.

• Fund is managed using a Moderate risk tolerance to accumulate assets for our church INTO PERPETUITY.

• Fund is socially screened and invested in a DIVERSIFIED moderate risk portfolio of stocks and bonds managed by eleven institutional investment managers supervised by The Windsor Group, a professional investment advisory group. Risk is controlled.

• Provide increasing contributions to the church’s general fund.

• Grow asset value to $2,000,000. 

• Goal is to contribute $100,000 per year to the Session according to the approved spending. policy of 5% of the trailing 12 quarter average value of fund (current total recommended grant is $103,840 for 2023).

 

How do we grow our fund (contact church office to set up)

• Transfer of properties such as stocks, bonds, and other assets during a donor’s lifetime. Eliminates the capital gain tax and may provide the donor with a current tax deduction (if they itemize).

• Assignment of life insurance policies.

• Commit to a Memorial gift upon death (bequests).

• Include the fund in wills (also bequests).

• Provide charitable gift annuities and other life income agreements.

• Establish charitable gifting trusts (CRTs, CLTs, GRATs, etc.)