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 $57,992,210 as of May 31, 2020.