Endowment

St. Mary's Endowment Fund

While there are many opportunities to fulfill the
mission of St. Mary’s Episcopal Church, some
opportunities call for funds not available from regular church giving. The purpose of St. Mary’s Endowment Fund is to enhance the mission of the church apart from the general operation of the congregation.

A portion of the annual income of the Endowment Fund can be used for a variety
of purposes such as:

outreach to the community to meet spiritual and economic needs;
assisting in the ministry of the Episcopal Church within the United States and worldwide;
providing assistance for our own congregation in capital improvements, debt reduction and building programs;
supporting the worship life and education needs of our congregation; and
assisting in the education outreach of our congregation to the community.

All who believed were together and had all things in common; they would sell their possessions and goods and distribute the proceeds to all as any had need. Acts 2: 44-45

Fund Management

A board of trustees appointed by the church vestry acts
as steward of the Endowment Fund, managing and
administering it in accordance with the Endowment
Fund Trust Agreement approved by the vestry.

Tradition of Giving

The tradition of charitable giving dates to the earliest
days of the Church. This tradition of giving and
caring continues today and it doesn’t require great
wealth to make a gift. One hundred gifts of $100 to
the Endowment Fund go as far as one gift of $10,000.

Gift Options

• Cash
• Securities
• Bequests and memorials
• Life insurance
• Real Estate
• Charitable Remainder Trusts
• Charitable Lead Trusts
• Retirement accounts

Personal Choice

If you are considering a gift to the Endowment Fund,
you are encouraged to seek professional advice in
putting together a plan that is best suited to your
personal needs.