The Endowment Board and the Endowment Fund were created by the Vestry in response to the identified need to plan financially for the Church's long range future through planned giving. To ensure the ability to continue with grants in years to come, donations to the Fund must increase.
If you would like to become a member of the Magi Foundation, please contact the parish office.
Peter Dodge, Vestry Liaison
As Christians, we focus not only on the here and now, but also the hereafter. However, with the oftentimes hectic pace of our lives, it is easy to forget, or to put off until "tomorrow", the planning needed today for that future - especially when it comes to financial considerations and the legacy we wish to provide for those who follow us. Many people are not aware of the ability to provide for their church in their future planning. However, bequests, charitable remainder trusts and other planned gifts can be quite easy to arrange. Moreover, such planning might help a donor avoid estate taxes and even, in some cases, provide life income. Remarkably, approximately half of all Americans die without a will or trust in place. In addition, and even more surprising, for those who have created a will or trust, only 6% make a provision for a charity.
The Endowment Board of the Church of the Epiphany is working to bring attention to the importance of considering the Church in one's future financial planning and, through such awareness, to build Epiphany's Endowment Fund from planned gifts. From the Endowment Fund, grants are provided that further the ministries of Epiphany. Each year the Board recommends to the Vestry endowment grants from the Fund in accordance with the Plan of Operation of the Endowment Fund.
THE MAGI FOUNDATION
In addition to grants, The Magi Foundation is an important aspect of The Endowment Fund program. The purpose of The Magi Foundation is to thank, recognize and honor individuals who have made provisions for the Church in their will or by other means of planned gift, such as a life insurance policy or charitable remainder trust.
The Epiphany Endowment Board believes that opportunities for new giving will result from educating church members about methods and possibilities for planned giving and the ease and convenience of certain opportunities. If you wish to learn more about (i) giving to the Endowment Fund and becoming a member of The Magi Foundation, (ii) how to become active with the Endowment Board, or (iii) applying for a grant from the Endowment Fund, please do not hesitate to contact any member of the Endowment Board.
Endowment Board Members
ENDOWMENT FUND GRANT APPLICATION
Application period is from January 29 - February 28, 2023
The guidelines for distributions, pursuant to the Epiphany Endowment Fund’s Plan of Operation, are:
Capital improvements, debt reduction, or the building program of the Church of the Epiphany;
Scholarships or grants to members of the Church of the Epiphany for the purpose of attending college, seminary, nursing or medical school; for church-related camping or leadership conferences; or such other training which enables members of this congregation to grow in Christian faith and service to God’s people;
Outreach into the community including, but not limited to, grants to Episcopal colleges and seminaries, social service agencies, institutions and agencies to which this parish relates, and to special programs designed for those persons in our area who are in spiritual and/or economic need; projects of the Episcopal Church at home and overseas.