What is an endowment fund?
An endowment fund consists of money or property that has been contributed by donors. All or portions
of this fund may be restricted, protecting principal, whereas only the earnings from the fund may be
used as designated by the donor.
How will my gifts be used?
When making gifts to the endowment, donors can designate if the gifts should be used for a particular
purpose or if the church should decide how to spend them.
With this being said, any earnings from unrestricted contributions are to be used for the uses, projects,
and programs consistent with our church’s mission statement.
“Together we grow to know Jesus and serve to make him known.”
How can I contribute?
- Cash or check
- Stocks or bonds
- Real estate
- Life insurance
- Annuity
- Charitable trusts
- Bequests in your will or other estate documents
- IRA
All gifts, regardless of size, play a critical role in achieving our mission as we glorify God.
Gifts may be provided recognizing memorials, birthdays, anniversaries, Christmas, in honor of a loved
one, and any other occasions to be commemorated.
Who can I contact for more information?
- An Endowment Committee member
- Pastor McCoid
- The office administrator
Who manages CTR’s Endowment Fund?
The team at Endowment Wealth Management Inc., a fiduciary advisor, actively manages our
Endowment Fund according to the Fund’s established Investment Policy.
The Endowment Fund Investment Policy may be obtained by requesting a copy from the listed parties
above.
When will CTR’s Endowment Fund reach maturity?
The donations in an Endowment Fund stay invested forever. Your principal contribution to Christ the
Rock will be your legacy, with only the interest being used as designated by the donor or the church’s
mission statement.