Faith Fund
The Faith Fund, St. Timothy’s endowment, continues to grow. A total of $20,532 has been received. Of that, $10,500 is for the General Endowment Fund and $10,032 is for the Permanent Endowment Fund. The General Fund has been invested and its market value as of July 31 was $11,366. The Permanent Fund has recently been invested and its market value is $10,253. As these funds continue to grow, they will provide additional resources for our ministries and our campus.
Currently there are 20 individuals/families who have given or who have made a planned gift to the Faith Fund. They represent close to 15% of the family members of our Parish. Our goal for 2024-2025 is to double that number to 40 which would represent close to 30% of the families of our Parish. In addition to gifts made through planned giving, there is a wonderful opportunity to make a gift in memory of or in thanksgiving for someone or something. By joining us in making a commitment to the Faith Fund you will be helping St. Timothy’s achieve more than is possible through annual stewardship giving.
For more information visit our website or contact John Porter-Acee or Endowment Committee chair Barbour Strickland.