Advantages

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Advantages 2017-09-07T15:26:47+00:00

Advantages

ADVANTAGES OF A LOCAL CHURCH OR CONFERENCE INSTITUTION USING THE SERVICES OF THE FOUNDATION:

  • Using the Foundation frees the church or institution to devote energy to matters related to ministry and promotion of planned gifts.
  • The Foundation assumes responsibility for the administration and investment of your funds.
  • The church or institution may have several accounts such as:  a Mission Fund – for missions in and/or beyond the local church and community, a Building Fund – for maintenance, care, improvements, and construction of physical facilities, and a General Endowment Fund – for special ministries and needs determined by the leadership of the church or institution.
  • Individuals may establish a trust with a local church, ministries, or church-related institutions named as the final beneficiary.
  • The Foundation may be named as trustee for funds left by bequest for the benefit of the church or institution.
  • The Foundation has Director’s Liability Insurance.
  • The President and the Treasurer of the Foundation are bonded.
  • The Foundation had assets of over $66,149,650 as of August 31, 2017.

  • Deposits and withdrawals may be made at any time.