The Endowment Fund was established in 1979 as the permanent endowment fund of our church. It was created to assure the future of our church by providing a source of regular, predictable income while preserving the principal. The resolution adopted by our congregation states that the fund is to provide income for the religious, charitable and educational purposes of the church. The principal of the fund is to be preserved and can be accessed only for emergency purposes by a two-thirds vote of the congregation.
Valued at over $1.1 million as of June 30, 2009, the fund pledged $53,000 to the 2009 operating budget of the church. With the exception of member pledges, the fund is the single most significant income source available for the work and ministry of the church.