Purpose:
The
Endowment Fund provides an opportunity to give
or bequeath money or property to the church for long
term use, separate from operating budgets. Earnings
help support the mission and ministry of Bethany
Presbyterian Church.
Administration
of Funds
The
Fund is administered by the Endowment Committee whose
members are elected by the congregation. The Funds
are managed by professionals. The principal of the
Fund is invested and the income is used as
designated.
Types of
Gifts
You may
elect to give cash, securities, real estate or
personal property. Gifts may be made through trust or
insurance or bequests by will. Properly structured
gifts can provide attractive estate and tax benefits.
Memorial Gifts may also be made to the Endowment
Fund.
Use of funds
Unrestricted
gifts are administered according to approved
guidelines. If you plan to leave a designated gift,
it would be helpful to discuss it with the Endowment
Committee before preparing a legal document.
Why
consider an endowment gift?
Endowment
giving in a sense fulfills an obligation to the
generations to come. As we have provided for the
well-being of our families and for Bethany during our
lifetime, we may continue to do so after our life. If
planned properly, an endowment gift can be made at
modest cost with tax benefits to the donor.
How does
endowment giving relate to annual stewardship?
It is
entirely separate. Experience from other churches was
captured in the resolution which established the
Fund. The concept and intention is that annual
stewardship is our first responsibility. Endowment
giving is separate. Gifts to the Fund are invested
perpetually in income producing assets. The income
from the investments is used in accordance with
Endowment Home
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The
Mary Silva Educational Fund
Youth
Endowment Fund
Church Home
Page
To contact us:

Phone: (541) 476-3684
Brian Sachs Chairman
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