Thank you for your interest in the Grace Church Foundation. The purpose of the Foundation is to assist United Methodists and their families and friends in making significant gifts and bequests to Grace United Methodist Church. The Foundation will work with you and your financial advisors in making these gifts or bequests. Many gifts require ongoing investment supervision, and the Foundation also serves in this role.
The Foundation's resources are balanced between managing the affairs of previously established gift funds and seeking new gifts. We work to promote better understanding of the various giving options available to individuals and to provide an increased awareness of the many needs of the church that would benefit from charitable gifts.
The Grace Church Foundation Endowment program continues to grow because more and more of our members recognize the benefits of creating their own endowment funds. An endowment may either be Principal Retained or Principal Spendable, depending on your desires. Many Grace members have launched their own endowments to benefit a specific church program or ministry, or to benefit several needs. Some individuals establish funds now so they can see them at work, while others establish endowments through wills or charitable trusts. Why do these people choose to create or add to endowment funds for the church? Here are a number of reasons you may wish to consider:
The idea of creating a perpetual stream of financial support makes sense to people who see a similarity between retirement funds and endowment provisions. They like the concept of a fund that is guarded and invested separately from other assets so the principal of the fund will stay intact. Only the income or a percentage of the value will be used to support the chosen ministry.
A Positive Legacy
When donors attach their names to an endowment fund or add funds to a church-established endowment fund, they create an enduring legacy that will outlive them and influence succeeding generations. Other family members and friends will be reminded of the person’s values and commitments. Endowment funds can also be used to honor the lives of others who have made a significant impact on the donor and/or the church.
Many donors see an endowment fund as a means to underwrite their own regular giving. For example, an endowment fund of $20,000 could create an annual gift of $800 - $1,000 in perpetuity. It’s a great way to “leave your mark” and strengthen the church or a specific area of ministry.
A Firm Foundation
Endowments are properly invested in a diversified long-term mix of assets to provide maximum return and minimal risk. Written guidelines are in place to provide appropriate stewardship. Annual payouts from endowment funds permit Grace Church to plan more confidently for the future. A church with a strong endowment is simply more stable financially.
There is something wonderfully fulfilling about doing something good that lasts...something that really makes a difference. Other kinds of giving are important, but creating or adding to a fund that will benefit others for centuries is uniquely satisfying.
How We Can Help You
One of the primary services of The Grace Church Foundation is to assist individuals who are interested in exploring opportunities to make significant gifts to support their church or another ministry through a bequest, a Charitable Gift Annuity, Charitable Remainder Trust, or through securities, insurance, retirement plans, or other accumulated assets. Gifts are as individual as the givers and can bring economic benefits in the form of income and tax deduction. We offer knowledge about what others have done and practical guidelines to make sure that gifts are carefully invested and used wisely for their intended purpose. We would be most pleased to confidentially listen and assist you in designing your own gift plan reflective of your heart and mind for the church, ministry, or program you choose.
For more information about the Grace Church Foundation, please call Foundation President Paul Carpenter at (630) 710-7104.