Giving/Endowment/Legacy Society combination represents the path for giving to the future of Saint Timothy’s. They are often used separately but are actually combined under one umbrella for the purpose of giving toward the future of Saint Timothy’s.
A gift to the Endowment Fund provides a permanent resource for supporting the mission and programs of our parish. Unlike an annual pledge, earnings from contributions to the Endowment Fund provide for the needs of the church beyond day-to-day operations, such as program expansion and capital improvements. The Endowment Fund is where your gift will be housed when transferred to Saint Timothy’s. The basic ideal of the fund is to use only a portion of the Interest/gain for use in specific needs of Saint Timothy’s. This should allow the corpus (the amount you gave) to remain intact and to grow a profit year after year.
A gift to the Endowment Fund provides a permanent resource for supporting the mission and programs of our parish. Unlike an annual pledge, earnings from contributions to the Endowment Fund provide for the needs of the church beyond day-to-day operations, such as program expansion and capital improvements. The Endowment Fund is where your gift will be housed when transferred to Saint Timothy’s. The basic ideal of the fund is to use only a portion of the Interest/gain for use in specific needs of Saint Timothy’s. This should allow the corpus (the amount you gave) to remain intact and to grow a profit year after year.
Planned Giving helps you make intentional choices about how will you give; what vehicle you will use; how to manage you will and living truste effectively; what accounts and financial tools are best. We have a dedicated Diocesan officer whose only job is to educate support parishes and individual generosity with the latest vehicles and financial strategies available as a passion endowment team who want St. Timothy's to thrive as much as you do.
Contributions to the Endowment Fund are often made through your estate, but can be contributed at any time. Follow the confirmation button below to make a commitment.