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Endowment Program

Endowment Brochure

The Endowment Program assures local churches, individuals and other affiliated United Methodist organizations that their funds are receiving professional investment management.

This program creates an opportunity to place endowment funds with the Council on Development for investment, administration and accounting purposes. The The Endowment Program offers the possibility of maximizing investment returns and minimizing investment expenses.

Endowments are investment funds set up by an institution in which regular withdrawals from the invested capital are used for ongoing operations or other specified purposes.

The organization receives quarterly performance reports but does not have to directly manage their investments. This allows church servants to focus their time and energy on local church and organizational mission and ministry. Socially responsible Investment Policies, Gift Acceptance Policies and alignment of investments are in accordance with the United Methodist Social Principles and any additional guidelines adopted by our annual conference.

The Endowment Subcommittee, comprised of the Council Investment Policy Committee with Council on Development representation, provides oversight for the Endowment Program.

As of December 31, 2016, there are 68 accounts with a total market value of over $ 18.1 million.

Currently there are four investment "funds" available*:
  1. Stable Fund with an emphasis on a high level of income, and safety primarily in U.S.. Treasury backed securities.
  2. Short-Term Fixed Income Fund with an emphasis on providing a high level income
  3. Balanced Fund with an emphasis on providing a balance between long-term growth and current income
  4. Growth Fund with an emphasis on providing long-term growth with income

*Please note that there are no guarantees with the investment results of these funds.

Endowment Packet

The objectives, guidelines and policies of each fund are further defined in the Endowment Packet. Expenses and fees for participating in the Endowment Program are also explained in the packet (see Endowment Investment Management Agreement). Participation in the Endowment Program should not be considered without first reviewing the full extent of information contained in the Endowment Packet. The Council on Development is more than willing to either assist you in setting up and endowment program or refine an existing program.

If you would like to request an Endowment Packet, or if you have any questions or need help making a gift, contact us at:

Council On Development
32 Wesley Boulevard
Worthington, Ohio 43085
800.437.0028
 

gcooper [at] wocumc.org (Rev. George Cooper)
Executive Director of Council on Development
ext. 212

sling [at] wocumc.org (Rev. Stanley T. LIng)
Associate Director of Council on Development
ext. 247

dkrick [at] wocumc.org (J)jperry [at] wocumc.org (oy Perry)
Administrative Assistant, Council on Development
ext. 222