The Planned Giving Committee was created in 1997 to educate the congregation about the nature, purpose and opportunities for planned gifts. Planned Gifts are those that are “planned”, that is given through wills or bequests, annuities, trusts or gifts to an endowment fund. The Committee has brochures and a booklet entitled “Planned Giving, What It Is and How to Do It”. For more information please contact Daniel Ruback.
The Endowment Fund was also established in 1997 with a gift from the estate of Grace Elliott. Currently worth over $400,000, thanks in part to a major gift from The Dorothy Bordenstein Trust, its purpose is to receive donations from people who want their gifts to “keep on giving”. Donations to the Endowment Fund are not spent, but are invested according to the Discipline of the United Methodist Church, only the earnings are. The earnings (which include interest, dividends and appreciation) are calculated annually as 4.5% of the average five year value of the Fund on each June 30th and used to support the ministry of our congregation.