What is the St. Francis
Endowment Fund?
The St. Francis Endowment Fund was established in 2008 for the purpose of providing members and friends with the opportunity to make charitable gifts to Saint Francis that would become a permanent endowment of financial support. These gifts are intended for purposes which are not funded through the annual operating budget and help to carry out the mission of St. Francis in the Foothills, today and for future generations.
The St. Francis Endowment Fund is invested and managed by the Desert Southwest United Methodist Foundation. Your gift to the Endowment Fund will provide income in perpetuity for St. Francis. While the principal of the Endowment Fund remains intact and untouched, the earnings of the Funds may be distributed at the discretion of the Endowment Fund Committee.
Twice a year, when earnings are available, the St. Francis Endowment Fund Committee considers dispersing funds. Applications for funds will be considered in the following areas: Mission, Scholarship, Property, Ministry or Special Need.
HOW TO GIVE?
LEAVE A BEQUEST TO THE ST FRANCIS ENDOWMENT FUND IN YOUR WILL OR TRUST (Bequest language below)
LIST THE ST. FRANCIS ENDOWMENT FUND AS (Full or Partial) BENEFICIARY ON YOUR:
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LIFE INSURANCE POLICY
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PENSION, IRA, 401(k), 403(b)
TRANSFER STOCKS or BONDS, IRA ROLLOVER
REAL ESTATE (Survivorship Deeds are available in Arizona)
CHARITABLE TRUST, RETIREMENT EARNINGS, CASH
NEED MORE INFORMATION?
For more information about the St. Francis Endowment Fund, Contact the St. Francis Office 520-299-9063
For more information on which types of giving would be best for you, contact an estate lawyer or tax advisor.
More information about the Desert Southwest United Methodist Foundation can be found at www.dsumf.org
*St. Francis in the Foothills UMC is a nonprofit, tax-exempt charitable organization (tax identification number 86-0388672) under Section 501 (c) (3) of the Internal Revenue Code.
Examples of Bequest language:
(Feel free to change the numbers or percentages as you desire.)
1. Bequest of cash
"I bequeath the sum of $10,000 to "St. Francis UMC Endowment Fund (tax ID 86-0388672)”
2. Bequest of a percent of your estate
"I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to St. Francis UMC Endowment Fund (tax ID 86-0388672)”
For more information, contact Chuck Adams, Endowment Committee Chair,
at ecadams@arizona.edu
The Saint Francis Endowment Program was established in 2008 for the purpose of
providing members and friends with the opportunity to make charitable gifts to
Saint Francis in the Foothills that will support the church’s many ministries and
maintain the campus. Funds managed by the Endowment Committee are invested
in and managed by the Desert Southwest United Methodist Foundation (DSUMF).
An important component of the Endowment is to support ministries, educational
needs, and maintain our campus and buildings through grants. The amount of
funding for grants will be at the discretion of the Endowment Committee based
on best management practices for the principal and income in our DSUMF
investments.
Current Members of the Endowment Committee are Charles Adams (chair), Karen
Bliss (Treasurer), Mike Wilkerson (Pastor), David Daniell, Paula Van Ness (chair,
Church Council), Beth Acree (chair, Finance Committee), Karl Titz (chair, Trustees),
Linda Whitten (financial secretary), Tom Bossert (Lay Leader).
Thank you for your interest in the funds administered by the Endowment Committee.
Applications for funds will be considered twice a year – in the spring and the fall. This form is to be completed and submitted electronically to the Endowment Committee chair (ecadams@arizona.edu). All those who apply will receive a response. The deadline is
April 15th.
Endowment Fund Grant Application
Tree of Life
Leaves are available for those who make an Endowment or Legacy Fund gift of $150 or more. A golden leaf will be engraved with your personalized message and displayed on the ‘Tree of Life’ located in the Celebration Center. Gifts to the St. Francis Endowment or Legacy Fund are tax deductible.
For more information contact Karen Bliss, Endowment Committee, at kbliss86@gmail.com