This income provides Christian mission and ministry at Calvary, in Elkhart and throughout the world. How the Fund is Managed The Endowment Fund Committee of Calvary United Methodist Church manages this fund. The committee consists of the pastor and eight members elected by our Charge Conference. We place money in reputable and financially competent institutions for investment by professional managers. All investment are consistent with The Social Principles of the United Methodist Church.
Used Donors have a choice of how their gifts are to be used in ministry.
The Charge Conference can establish other ministries depending on needs and opportunities. Donors may specify how both income and principal are to be spent. Donors may also choose to make a gift to the Endowment Fund without specifying its purpose. We will hold such gifts in perpetuity, with only earnings being distributed periodically to meet needs or ministries decided by the church. All earnings from designated and undesignated gifts support causes beyond those funded by the church operating budget.