Our church may one day have the millions, and it may well come from the widow's mite. Bob VanHoose and I attended a meeting sponsored by the Christian Church Foundation. The Foundation is an organization dedicated to helping people give lasting gifts to their churches. The leaders of the conference commended our church because we had already set up an Endowment Fund and because we had policies in place for gifts to a permanent fund. The conference made me aware of what a radical idea a permanent fund really is.
Most people think of investing for retirement.
In my case, I worry about how I can invest in the next ten or fifteen years so that I can enjoy my retirement. Most people say your money should double in ten years. I tell my son that he should invest now so that he can retire 40 years from now or earlier if he is lucky. But none of us thinks about permanent investments, investments that go for more than one lifetime. Permanent means forever, and such investing pays amazing dividends.