COL
Endowment Fund
About the Fund
The purpose of the endowment Fund is to enhance the mission of this congregation apart from the general operation of this congregation.
The fund is administered by the Cross of Life Endowment and Memorial Funds Board. The Board consists of five members elected by the ßcongregation at the Annual Meeting.
The fund is a gift that keeps on giving. Gifts given to the Endowment Fund remain in the fund. A maximum of 6% of the earnings from the fund's investments are used to further God's work. The allotment of grants will strive to average 20% to Cross of Life, 50% to the local community, and 30% to the nation and world.
Gift Options for those who wish to donate to the Fund
Donors can make contributions to the Endowment Fund by a variety of methods. Gifts of all sizes and in many forms are welcome.
- Cash
- Securities
- Bequests and Memorials
- Life Insurance
- Real Estate
- Gifts that provide a stream of income