Endowing one’s pledge is the ideal way for some church members to support their church long after their passing. It involves donating enough money to keep their pledge in perpetuity. The Episcopal Church Foundation.
Every church should have an endowment. Sometimes congregations have more than one. And that can be confusing, especially if the policies and guidelines governing each aren’t clear. But an endowment can play an important role in your congregation’s overall financial management strategy. This article can help you plan. (Photo by DanielSTL, used by Creative Commons license)
By Duane Englehardt
How well do congregational endowment funds serve God? Can an endowment fund lead to “empowerment”? Many congregations have participated in wills emphasis programs, and the insurance industry has undertaken heavy promotions of gifts through life insurance.