What is the Endowment Fund?

Over the year, You will be seeing a series of articles to explain our endowment fund program.

Endowments are donations made to a non-profit such as MUCC for the purpose of accumulating assets to a trust like fund.  This fund is separate from the Church’s General Operating Accounts and can only be used for specified purpose which are established by legal resolutions..  Until this fund grows to $100,000 through direct gifting, as part of an estate plan or through its own investment growth, it is simply a kind of savings for the future.  Once the threshold of $100,000 is reached, then income may be distributed to specified church programs.