Aldersgate United Methodist Church Permanent Endowment Program
Four-Step Endowment Checklist
The following information applies to the Aldersgate United
Methodist Church (UMC) Permanent Endowment Program (PEP) and is provided to
assist church members with the endowment process.
Step One
Become familiar with the ministries that are available in
the Aldersgate UMC PEP. Request a PEP
Brochure and review the information. The
Permanent Endowment Fund (PEF) Committee is available to answer any questions you
may have--or find the answers--about the endowment program and assist you during
the endowment process.
Step Two
Determine the amount (dollars or percent of estate) you want
to contribute and the endowment fund where you want to direct your gift:
- $$$ or % Permanent
Endowment Fund (needs determined by Church Leadership)
- $$$ or % Mission
Endowment Fund (missions in and beyond local church)
- $$$ or % Property
Endowment Fund (care and maintenance of facilities)
- $$$ or % Donor/Purpose
Named Endowment Fund (for example: Youth,
Music, Food Pantry, etc.). Minimum
donation of $25,000 required to establish a Donor/Purpose Named Endowment
Fund. No minimum for the other funds.
Step Three
There are basically two ways you can donate to the PEP. You can make a Direct Gift of cash, investment
securities, real or personal property or a Legacy Gift such as a bequest in a
Will, designating the PEF as a beneficiary in a life/term insurance policy or annuity,
etc. The attached Donation Guidelines are
provided to assist you with information on each gift and suggested wording, if applicable.
Step Four