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ADVANTAGES OF A LOCAL CHURCH OR CONFERENCE INSTITUTION USING THE SERVICES OF THE FOUNDATION:
- Using the Foundation frees the church or institution to devote energy to matters related to ministry and promotion of planned gifts.
- The Foundation assumes responsibility for the administration and investment of your funds.
- The church or institution may have several accounts: such as:
- Mission Fund - for missions in and/or beyond the local church and community
- Building Fund - for maintenance, care, improvements, and construction of physical facilities
- General Endowment Fund - for special ministries and needs determined by the leadership of the church or institution.
- Individuals may establish a trust with a local church, ministries, or church-related institutions named as the final beneficiary.
- The Foundation may be named as trustee for funds left by bequest for the benefit of the church or institution.
- The Foundation has Director's Liability Insurance.
- The President and the Treasurer of the Foundation are bonded.
- The Foundation had assets of over $36,260,712 as of December 31, 2011.
- Deposits and withdrawals may be made at any time.