Endowment

Purpose

The Permanent Endowment Fund of First United Methodist Church of Chula Vista provides a means for members and friends to make charitable gifts that will survive in perpetuity while providing annual income to the Church and it’s missions and ministries.
 
 

How you can make a gift

A gift to the Endowment Fund can be made at any time and for any amount. Some people choose to make an endowed gift to celebrate a special occasion, to honor a loved one, or to share an inher- itance or unexpected financial blessing. An endowment gift to the Church can also be very easily made through your will or trust so that you can be a blessing to the Church beyond your lifetime.

How the fund works

A monetary gift to the Endowment Fund is invested with the California-Pacific United Methodist Foundation. That gift becomes a permanent part of the Fund, and is not spent. Earnings from the investments are returned to the Church to be used accord- ing to the purposes of each designated fund.

Benefits of Endowed Gifts

  • Donations are tax deductible
  • The missions or ministries that are most important to you will be supported for generations to come
  • An endowment gift is another way of sharing your Christian witness

Designations to the Fund

You decide how your gift is to be used by “designating” the purpose, or you can make an “undesignated” gift that will be invested by the Endowment Committee where most needed. The current Endowment Fund categories are:

 

Mission Funds

  • Local Mission Fund
  • Meek Memorial Fund to be used for San Diego District Missions
  • Denominational Missions

 

Property Funds

  • Property Maintenance Fund

 

General Funds

  • Scholarships:
    • Ruth Collett Memorial
    • Charles Rowe Memorial
    • Wesley Fund
  • Parsonage Fund (Housing)
  • Music Ministry Fund
  • Mooney Foundation Fund
    • Ruth Collett Memorial
 
Gifts of any size can be made to increase the permanent principal of any of these funds. With a gift of $10,000 or more, you can establish a new endowment fund creating a legacy in your name, the name of a loved one, or in a name that is meaningful to you; and you designate how the earnings are to be used at FUMC-CV.

Members of the Permanent Endowment Fund Committee

  • Senior Pastor
  • Chair of Endowment Committee
  • Chair of Finance Committee
  • Chair of Church Council or his/her designated representative
  • Board of Trustees representative
  • Church Treasurer
 
Appointed Members: At large members are selected to serve for a particular period of time.

Estate Planning &

Gift Opportunities

  • Wills
  • Living Trusts
  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Real Estate
  • Retirement Plans
  • Life Insurance
  • Marketable Securities
For more information on any of these, please visit www.cpumfgift.org
Questions about the Endowment Fund can be directed to Karl Bunker (619) 426-3817 or Sue Meyer (619) 656-2525.