Gifts Options - Churches and Agencies
Local Churches
Consider the possibilities of how the Foundation can help your local
church answer its call to be a good steward of
the gifts God has provided for ministry. The Foundation can help churches
fund current ministry through custodial
accounts and future ministry through endowments. Ask us to come visit your
church to make presentations about
the Foundation or legacy giving.
Conference-Related Ministries
Trusts held at the Foundation benefit more than local church
ministry. The Foundation opens doors to ministry through
support of United Methodist causes, scholarships to send students to college or
seminary, and trusts to secure the future
of a variety of ministries across the West Virginia Conference and beyond.
What is a Permanent Endowment Funds
Church, agency or individual(s)
can create a Permanent Endowment Fund with the UM Foundation. The
principal will continue
to grow as the annual income is available to the church
or agency for its ministries as determined in the fund agreement.
Examples of Permanent Endowment Funds
are:
Scholarship Funds
Building/Facilities Endowment Fund
Outreach/Mission/Evangelism Fund
Music/Choir/Organ Fund
Christian Education Fund
Church's Cemetery Fund
Contact the UM Foundation
office for detailed information on establishing a Permanent Endowment Fund.
What is a Custodial/Deposit Accounts
The Church or agency places money
with the UM Foundation for investment. The advantages of a
Custodial/Deposit
accounts are:
1. deposits and withdrawals at any
time in any amount including income and principal;
2. no maturity dates;
and 3. no penalty for withdrawals.
Examples of Custodial/Deposit
Accounts are:
Holding Funds
Trustees' Reserve Fund
Campership Fund
New Church Development Fund
Capital Improvement Fund
Contact the UM Foundation
office for detailed information on establishing a Custodial/Deposit Account.
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Gift Options
Gift Options -
Individuals and Families
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