Endowment Fund
What Is The Endowment Fund?
The Endowment Fund was initially established by Wayne Fry and Bill Brown, both of whom have entered into the Lord's care. It was meant to be a financial buttress for our church’s financial health, which has had many ups and downs in the past. Over time, this fund has become a blessing to honor the saints of our past.
The nature of the fund is that the principle (the gifts in the fund) is protected and preserved throughout the years. The unique way in which these gifts are invested allows them to continue growing over time while generating a significant amount of income, currently 5% of principle, which can then be used to cultivate our ministry while honoring the memory of our donors.
For example, one gift of $50,000 placed in the Endowment Fund will generate $2,500 every year in support of the ministry for generations to come!
Who Contributes to the Endowment Fund?
In memory of James Arnold - $4,800
In memory of Denzel Berry - $1,000
In memory of Janet Berry - $1,030
In memory of Bill Brown - $1,000
In memory of Ron Burchett - $30
In memory of Jarrett Clingan - $1,500
In memory of John Clingan - $1,000
In memory of Wendell Clingan - $1,500
In memory of Jawan Covey - $600
In memory of Norman and Hollis Fry - $2,500
In memory of Patty Fry - $30
In memory of Wayne Fry - $ 15,850
In memory of Gary Gibson - $1,000
In memory of William and Bobbie Griffin - $500
In memory of Calvin Harris - $275
In memory of Helen Landers - $1,050
In memory of Donald Lewis - $200
In memory of Katie Lynch - $600
In memory of Martha Maddux - $13,440
In memory of W. E. Maddux - $20,625
In memory of Darla McFarland - $25
In memory of Amerigo Morsani - $1,000
In memory of Helen Morsani - $1,000
In memory of Barbara Moore - $50
In memory of Claudean Myers - $37,352
In memory of G.L. Myers - $36,832
In memory of Leola Myers - $30,532
In memory of Jessie Nunnallee - $1,100
In memory of Jessie & Betty Nunnallee - $100
In honor of Charles and Joan Price - $1,000
In memory of Charles Price, Sr. - $1,100
In memory of Laverne Radcliff - $1,000
In memory of Spike Radcliff - $1,000
In memory of Joyce Reid - $1,000
In memory of Duane Selvey - $1,160
In memory of Pauline Gibson Selvey - $1,550
In memory of Shari Todd - $350
In memory of Clara Van Winkle - $1,000
In memory of Frances Wallace - $22,927
In memory of Noel and Wanda Watkins - $50
In memory of Nadine Winters - $1,025
In memory of Joan Whitford - $1,750
Who Manages the Endowment Fund?
Our endowment fund is currently managed through Arvest bank's wealth management team.
How Is The Endowment Fund Used?
The trustees of our church, in consultation with the administrative board, manage and distribute the funds generated by our Endowment Fund. The fund is meant to add to the ministries of the church, so it is right that, from year to year, funds may be designated for different purposes. The idea is that those who have the best picture of the needs of the church are able to use this money to offset the demands of an annual budget. As the fund grows, the general ministries of our church will be multiplied, as we can increasingly supplement the ministries of the church. In time, our church will be a powerhouse of God's transformative work in the community, as our financial witness perpetually grows. Our church's significant financial commitment in the community will be the ultimate tribute to those saints who built this church and dreamed of it transforming our community.
How Can You Contribute?
There are a number of ways that you may make a gift to the Endowment fund.
The first, and the most simple, is through an immediate gift of either cash, securities, or property. These charitable gifts offer unique tax benefits and will have an immediately observable impact on the ministry.
Another way to give is through your estate plan. Many Methodists enjoy the ease of giving a small percentage of their estate to the ministries they’re most passionate about. A 10% “tithe” of your will is an easy addition to your estate plan and can be included at any time with little to no cost.
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Finally you can give online through our Tithely account. There is a small fee associated with this method that you can choose to cover or take out of your donation.
Our dream is to faithfully grow our Endowment so that if may be a source of life here in Nowata.
