Gifts made to this Fund benefit our church from income earned on the principal amount of money held in the Fund.
Gifts and bequests made to the Endowment Fund benefit our church through the income earned on the principle amount of money held in the fund. Income earned from this fund can be reinvested in the fund or used to pay operating expenses. Endowment funds are often used by nonprofit organizations like universities, hospitals and churches. They are funded by donations, which may be tax deductible for donors.