22 Endowment Ideas
By Roger Redding
An endowment is money that is given or set aside as a permanent fund to meet special, designated or emergency needs not met through current income. An endowment is meant to last in perpetuity and only the income or a specific percentage of the market value should be expended each year. An endowment can be named in honor or memory of a loved one and the designated to support general or specific uses.
Here are examples of endowments that have been established by Holston Conference churches and members:
- Annually provide Bibles to every third-grade Sunday school student or confirmation class in your church
- Annually provide Bibles to new members joining the church or to guests
- Establish or support a food pantry for those in need
- Sponsor a choir retreat, sheet music, choir robes, hymnals, special music, musical instruments, etc.
- Sponsor children to attend conference camps or upgrade camp facilities
- Provide seed money to launch or support a new community or global mission initiative
- Sponsor continuing education/retreats for pastor/staff through the Wesley Institute
- Provide support for drug and alcohol abuse programming and other teen initiatives
- Support an annual conference/program on family issues, health issues, senior citizen issues, women's issues, parenting issues, or men's issues.
- Give scholarships to Holston Conference colleges
- Give scholarships to seminary students who will return to the Holston Conference
- Contribute to new church development in Holston Conference
- Provide for maintenance and upgrade of church buildings, equipment, grounds
- Provide toys, supplies for a children's program or nursery
- Designate funds for special memorial garden, artwork, etc.
- Establish an endowment for upgrading or maintaining a parsonage
- Provide grants to worthy church-related or community charities
- Provide acquisitions and equipment for church library
- Support special programs for specific purposes like Asbury Place retirement communities, Holston Home for Children, Emerald Youth Foundation, Builders Club, Ministers Pension Fund Campaign, Change for Children, Youth Resurrection, Conference Disaster Relief Fund, Wesley Foundations, Wesley Community Centers, Project Crossroads, The Upper Room, etc.
- Establish an endowment supporting the “area of greatest need” to be determined by church endowment committee, Foundation board, Bishop, pastor, etc.
- Provide grants to local missions (such as Holston Conference Hispanic ministries)
- Provide grants to global missions (such as Hope for the Children of Africa)
Roger Redding is executive director of the Holston Conference Foundation.
To download the Holston Conference Foundation article, “Five reasons to create an endowment,” click here.
To read the archived article from “The Call,” “Maryville couple leaves behind $1.25 million endowment for new churches,” click here.
To download the archived article from “The Call,” “Greeneville couple’s trust fund will benefit ministries for the young,” click here.
For more information about endowments please contact:
Roger Redding, Executive Director
Holston Conference Methodist Foundation
9915 Kingston Pike, Suite C
Knoxville, TN 37922
Phone: 865.690.4080 Fax: 865.690.3162
E-mail
Brenda Mills, Accounts Manager
Holston Conference Methodist Foundation
210 W. Maple Street
Johnson City, TN 37604
Phone: 423.928.2156 Fax: 423.928.8807
E-mail
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