From Generation to Generation
Your endowment gift will grow to become a permanent legacy of support for our good work!
What is an endowment?
An endowment gift is a donation to an established permanent or long-term fund that is invested in a blend of publicly traded stocks and bonds, which intends to create a steady stream of annual income to support the mission of Fellowship of Evangelical Churches denomination (FEC), FEC churches or affiliates.
Ways to make endowment gifts?
Cash or Appreciated Property
You can make an outright gift of cash or appreciated property to our endowment. The income stream from your gift will begin the first year the gift is received. The gift will provide you with a tax saving charitable deduction and no capital gains tax.
Charitable Gift Annuity
You make a gift of cash or property to a Charitable Gift Annuity. In return, you will receive payments to you or you and a loved one, or another person. Each payment will be fixed and the amount of each payment will depend on the age of the person who receives the payments. Depending upon your gift, you may receive the added benefit of mostly tax-free payments. You will also receive a charitable deduction the year that you set up the gift annuity. When the annuity contract is completed (all recipients have passed away) the remainder will be gifted to our endowment for the charitable purpose you identified.
Charitable Remainder Trust
When you transfer your cash or appreciated property to a charitable remainder trust, the trust will pay you income for your life or a number of years. You will receive a tax saving charitable deduction for your gift of the remainder to our endowment.
Bequest
A gift to our endowment made through your will or trust, may provide your estate with valuable tax savings. Your endowment bequest can be a gift of a specific asset, percentage of your estate or the residue (what’s left after specific bequests are made to your family).
Why create an endowment?
An endowment gift may be designated for a specific purpose. You might wish to make the endowment gift in your honor or in memory of another person while providing long-term support of the ministry that God has placed on your heart. We can help you make a gift that creates a legacy of remembrance for you and your loved ones.
Endowment gifts are not just for wealthy people. Anyone can make a gift that lasts permanently or for an extensive period of time.
For additional information on endowment giving or to review information about our endowment plan, please contact us. We look forward to helping you create your legacy!
About FLF
Our Investment Manager
FLF’s investment manager is SJS Investment Services, an independent advisor managing over $2.2 billion as of 6/30/2020. According to the SJS website: “Since 1995, SJS has served as an investment advisor and co-fiduciary for non-profits, endowments, and foundations. We support the people and board members responsible for leading those organizations through a fiduciary obligation and a disciplined investment process, MarketPlus Investing®, which provides personalized investment portfolios built for cost efficiency and based on each organizations long-term goals. We strive to ensure that your resources are enduring so that they allow you to serve the people and causes at the heart of your mission for generations to come.”
Learn more at https://sjsinvest.com/.