Ways
To Give Ways you
can contribute to the
Foundation Grace Foundation Why
have a Foundation |
"What is the purpose of the Grace United
Methodist Foundation?"
The purpose of our foundation is to support missions in and
beyond our church and community, to assist with our church building maintenance
and improvement, and for special needs and ministries we choose to support. The
Foundation is intended for purposes that are NOT a part of the programs funded
through our regular budget and regular giving of our members, but through
special gifts and contributions we want to make.
"Is our Foundation an Endowment
Fund?"
Yes, we are set up as an "Endowment Fund." This means that
contributions to the Foundation are immediately placed into "principal" which
is not spent, but grows in perpetuity. The interest or earnings from the
principal is then used for the purposes listed above. To date, due to the
generosity of our members, our Foundation has approximately $90,000 in
principal.
"Who can give to the Grace UMC
Foundation?"
- Anyone who cares about the mission of our church.
- Since there is no minimum or maximum amount required, anyone
can contribute toward the future of the church through a gift to the
Foundation. Even a small amount will by multiplied over the years. Your gift
will grow!
"How can I give to the
Foundation?"
- Make a contribution during your lifetime by giving assets such
as cash, checks, stocks, bonds, mutual funds.
- Name "Grace United Methodist Church Foundation" as a
beneficiary of your will, trust, or insurance policy. Please notify the church
of your bequest by contacting the pastor or the chairperson of the Permanent
Endowment Fund Committee.
- Or simply write a check to "Grace UMC Foundation, Inc."
and put it in the offering plate or send it to the church office. You might
want to give to the Foundation for a special purpose, such as to add to the
scholarship fund, or for a memorial or in honor of an individual or an event.
Again, this is "special" giving, and not intended to be a part of our regular
giving.
- There is no minimum or maximum amount requested. You determine
how much you want to give.
- More ideas and details
"What about Tax Planning?"
The federal government encourages gifts to not-for-profit
organizations, including churches, by giving you tax benefits. Consult your tax
advisor or estate planning attorney for your particular
circumstances.
"Who directs or manages the Foundation
funds?"
The Board of Directors for the Foundation manages the funds. Our
Board includes: Butch Holyfield (Chair), Wes Kinsey (Vice-Chair), Rodney
Bridges (Treasurer), Jay Wolz (Secretary), Scott Moon (Senior Pastor), Greg
Illers, Dennis Woeltje, Jim Goodin, Robyn Haring-Edwards and Cheryl
Mothes.
- For more information:
- Contact the Committee Chairperson,
Butch Holyfield or the senior pastor,
Rev. Moon.
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