Properly managed endowments provide extra income to enhance existing and establishing new ministries that fulfill the mission of the local church or agency. Unfortunately, endowments can also be used to subsidize the annual budget. Often, spending down assets is the method used to balance the budget. This use of the endowment is counterproductive to creating congregations of generous givers. An endowment, therefore, can be a blessing or a curse. To ensure that your endowment is a blessing we have provided the following resources.
Endowment Resources:
Checklist for a Church Endowment Policy
Sample Endowment Policy includes:
A Resolution - Permanent Investment Fund Committee
Endowment and Investment Policy - Statement of Purpose
Note on Sustainable Income from an Investment Portfolio - Maximizing and stabilizing income while maintaining the purchasing power of your endowment