Your Endowment Fund:

The Endowment Fund of St. Timothy’s Episcopal Church is built with money contributed by parishioners. The Fund is dedicated to the support of the church. An elected Board of Trustees oversees the money with the help of professional investment counselors.
 

​How is the Money Used?

Just like you, the Endowment Fund makes an annual pledge to the church’s general fund. Our pledge supplements St. Timothy’s budget while preserving the principal of the Endowment Fund so that it can help far into the future. 
 
We also have a separate fund whose annual pledge goes toward the maintenance of St. Timothy’s landscaping.
 

How is Money Contributed to the Endowment Fund?
  • Monetary gifts during lifetime.
  • Bequests after death.
  • Memorial gifts to honor a friend or loved one.

​A tax advantage is often gained by direct contributions or contributions from your IRA.
 

Why are Most Gifts After Death?

If you pledge to St. Timothy’s during life, your contribution stops when you die. By leaving money to the Endowment Fund in your Will or Trust, your pledge can continue through part of the Endowment ‘s annual contribution.

 
How Much Does Endowment Pledge Annually?

Our pledge is limited by a Trust Agreement to a percentage of the total Fund value. As the Fund grows, the amount of Endowment’s pledge grows, too. When hard financial times hit (such as the recent COVID epidemic), we can temporarily increase our pledge to help St. Timothy’s through the emergency.

 
Your Situation is Unique!

Your financial/tax situation is unique. Please always consult your financial and legal advisors when planning a gift or bequest.


Please contact any Endowment Board Member for additional information: