Episcopal Diocese of Virginia
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Endowment Fund

The Endowment Fund is intended to enable the Parish to fund ministries beyond those covered by the annual operating budget. The vision for Holy Comforter anticipates continued growth of the Parish and the need for expanded facilities and services. It is important that each of us consider how we can start TODAY to provide for Holy Comforter TOMORROW. Designating the Endowment Fund as a beneficiary of your estate or donating to the Fund during your lifetime helps to insure that capital will be available in the years ahead.

The Endowment fund was established in June 2001 to enable the Parish to provide a means to fund ministries beyond those covered by the annual operating budget. Distributions from the Fund are to be used for capital needs, outreach ministries and grants, seed money for new ministries and special one-time projects as well as for purposes designated by donors to the Fund.

The principal may not be invaded; only earnings can be withdrawn from the Fund on the request of the Vestry and with the approval of the Endowment Fund Board.

OCCASIONS TO CONSIDER MAKING GIFTS TO THE ENDOWMENT FUND

  • In memory of a family member or friend
  • In thanksgiving for a child’s graduation from school or college
  • In thanksgiving for a son or daughter’s wedding
  • In thanksgiving for recovery from illness for yourself or a friend
  • In thanksgiving for a promotion or pay raise or for a new job
  • In thanksgiving for God’s special blessings in your life
  • In thanksgiving for some special service provided by the church

REASONS TO INCLUDE THE ENDOWMENT FUND IN YOUR ESTATE PLANS

  • To perpetuate the church environment you currently enjoy
  • To provide funds to augment capital fund campaigns for capital improvements
  • To fund new ministries in the community and/or worldwide
  • To establish your legacy as one of tangible thanksgiving
  • To reduce estate taxes for your heirs

HOW TO GIVE TO THE FUND

  • Cash or check
  • Stock
  • Retirement Accounts
  • Will or Living Trust
  • Life Insurance Policies
  • Real Estate
  • Tangible Personal Property

Please contact Don Stone with any questions or for more information on the Endowment Fund.