Endowments

The purpose of an endowment fund is to financially sustain the mission and work of a charitable organization. The most common type of endowment is when the principal is kept intact, and only the annual earnings, typically income and a portion of the capital growth, are used to fund current needs. However, there are other types of endowments in which the principal may be used under certain criteria.

If your church would like to set up an endowment, we can provide assistance. For more information, call us at 804.521.1121.

Here at the Foundation, we have designed our endowment so we can continue to carry on our important work in the years to come. You can make a significant contribution to further our mission to support ministries and projects within the Virginia Conference through our grants program.