Endowment
Have you ever dropped a pebble into the water and watched as the ripples spread outward? In much the same way, the choices we make in our personal lives create waves—sometimes small, but always significant—that reach far beyond ourselves. The members of the Burnt Store Presbyterian Church Endowment Committee have spent considerable time reflecting on how our individual and collective decisions can truly make a difference, not just for today, but for generations to come. The following will give you more information about how you can make a difference.
An Endowment was established in 2015 to be used in service to the Kingdom of God. Contributing to the Endowment will help ensure the church’s ministries continue well into the future. Monies donated to the Endowment are responsibly invested permanently. A portion of the income earned from the Endowment will be used to support church activities and projects, while the accumulated assets continue to grow to preserve the purchasing power of the Endowment for the future. This is what makes it a ‘forever’ gift.
We have established four designated funds, allowing donors to give to the Rev. Dr. Timothy Stewart Church Legacy Endowment (to support the budget for the many ministries of the church), the Capital Improvement Endowment, the Memorial Garden Endowment, and the Mission Endowment. Donors may designate their gifts, in any amount, to one or all the established funds and have their name on BSPC Legacy Tree in our Narthex.
There are several ways individuals can make a meaningful contribution to the Endowment. Some may choose to give now, using methods such as check, cash, appreciated securities, or real estate. These immediate gifts have a direct impact on the ongoing work of the church.
Alternatively, others may prefer to include a gift to the Endowment as part of their estate planning. By making provisions in a will or living trust, donors can ensure their final wishes and intentions are honored. After taking care of loved ones, a bequest to the church serves as a lasting testament of faith and commitment, like dropping a pebble in a pond, benefiting future generations.
As you navigate the important decisions involved in estate planning, organizing your finances, and preparing for the future, it is essential to have access to thorough and practical information. The resources below are designed to support you as you consider your options, provide for loved ones, reduce potential tax consequences, and create a meaningful legacy of your faith through charitable giving. In addition, you will find tools to assist with advance planning for a funeral or memorial service, ensuring your wishes are honored and your final arrangements are carried out as you desire.
Guides and Checklists
- Peace of Mind Checklist: A comprehensive checklist to help you organize your affairs and ensure all important aspects of your estate and future needs are considered.
- Funeral Checklist: A practical guide for advance planning of a funeral or memorial service. This checklist can help make sure your final wishes are understood and fulfilled.
Endowment & Investment Information
- Endowment Brochure: An overview of endowment options and the benefits of establishing a charitable legacy.
- Endowment Policy: Detailed information about how endowments are managed and what policies govern their use.
- Investment Policy: An explanation of the guidelines and principles that direct the investment of endowed funds.
- Legacy Tree: Information and form on how to add your name to the Legacy Tree in the BSPC Narthex.
If you have questions, ideas, or wish to make known you have included the church in your estate plans, click here to send an email to the Endowment committee.
