Giving to Endowment
Your financial gifts help invest in the future of God's mission at FBCA.
Gifts to the Endowment Fund may take many forms. Cash, securities (stocks and bonds), real estate, insurance policies and personal property are all acceptable gifts. The Endowment Fund Committee has wide latitude to accept gifts and bequests that may come in many different forms. However, the Committee also has the authority to refuse a gift that is inappropriate or may cause undue hardship. The intent is to sell any assets received as soon as possible and invest the proceeds. Gifts may be made by informing the church’s Director of Administrative Operations , Treasurer, or any member of the Endowment Fund Committee. For estate bequests, the executor should communicate with the same individuals.
Since the endowment principal is held in perpetuity and invested, gifts and bequests to the Endowment Fund enable the giver to support FBCA for many years into the future. A healthy endowment is a sign of a healthy church, as it provides additional financial flexibility for a church to fund initiatives that fall outside of the annual operating budget, but are still in keeping with the church’s overall mission in serving the Kingdom of God and bringing people to a personal relationship with Jesus Christ. Much of the Endowment Fund principal has come from estate bequests from members who have passed on. The Fund also regularly receives gifts in memory of members who have recently passed away. Gifts to the Endowment Fund should be made out of financial abundance, and not take place of regular giving to the church's operating budget.
Gifts to the Endowment Fund may take many forms. Cash, securities (stocks and bonds), real estate, insurance policies and personal property are all acceptable gifts. The Endowment Fund Committee has wide latitude to accept gifts and bequests that may come in many different forms. However, the Committee also has the authority to refuse a gift that is inappropriate or may cause undue hardship. The intent is to sell any assets received as soon as possible and invest the proceeds. Gifts may be made by informing the church’s Director of Administrative Operations , Treasurer, or any member of the Endowment Fund Committee. For estate bequests, the executor should communicate with the same individuals.
Since the endowment principal is held in perpetuity and invested, gifts and bequests to the Endowment Fund enable the giver to support FBCA for many years into the future. A healthy endowment is a sign of a healthy church, as it provides additional financial flexibility for a church to fund initiatives that fall outside of the annual operating budget, but are still in keeping with the church’s overall mission in serving the Kingdom of God and bringing people to a personal relationship with Jesus Christ. Much of the Endowment Fund principal has come from estate bequests from members who have passed on. The Fund also regularly receives gifts in memory of members who have recently passed away. Gifts to the Endowment Fund should be made out of financial abundance, and not take place of regular giving to the church's operating budget.