Evangelical Council for
you like to leave a legacy of giving
for your family as well as future generations?
Endowment Fund or
RecommendedEndowment Fund allows you or
your family to set up a fund to which you may make either a one time
gift or multiple gifts over time.Donations may be in the form of cash or appreciated assets
(typically stocks, bonds, mutual funds, or real estate).
Endowment Fund can be
established which will distribute income to the ministries, or types of
ministries that you identify over the term of the endowment.
you can remain involved by recommending distributions of both principal
and income from the fund, as long as they fit within the parameters that
you establish when you set up the fund.This designation may be very general (e.g. “to fund Christian
ministry”) or very specific (e.g. “to fund my church’s youth
program”).You can also
name others, such as your children, who are authorized as successors, to
can be, in essence, a “family endowment,” allowing your family to
participate for years to come in decisions concerning the endowment that
you have set up.
Compare this program
with the Foundation’s Advise
& Consult Fund®.They
function very similarly in many ways.However, if your goals tend to be of a more long-term nature, you
may want to consider a RecommendedEndowmentFund.
the fund is set up, the Foundation will handle the administration, which
includes sending quarterly statements to you showing the activity in the
account.We will work with
you to establish an investment strategy that is consistent with your
needs and desires for the fund as well as your preferred investment