Building an Endowment
You may download the full powerpoint presentation of the Endowment section by clicking here .
What is an endowment?
A financial endowment is a transfer of money or property donated to an institution for a specific purpose, usually with the stipulation that it be invested, and remain intact in perpetuity or for a defined time period.
What kinds of assets can be used to help fund an Endowment?
Almost any kind of asset, physical or security, real estate, stocks, bonds, a business ownership, oil and gas royalties, antique jewelry, gold or silver coins, appraised art work, a classic automobile, etc.
Leaving a Kingdom legacy
Many universities and charitable organizations receive large financial gifts to “endow” their mission and purpose upon someone’s death or while they are alive but very few churches receive such large gifts.
At a recent Pastor’s Conference the question was asked,
“How many of your churches have an endowment?”
Out of 56 Pastors not a one said yes.
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