Foundation Faith Funds
Foundation Faith Funds
Most Foundation Faith Funds are permanently invested endowment funds given by members as an act of faith in the future of First United Methodist Church. There are a number of endowed funds that have been established by action of the Board of Trustees or by individual members. Through the United Methodist Foundation of Arkansas, the principal of all FUMC endowed funds is invested to produce annual income. Although gifts are encouraged to any of the individual endowments or to create new endowed funds, there is a particular focus on building the two perpetual endowment funds established by the Board of Trustees:
(1) The Perpetual Endowment Fund: distributions from this fund are typically used to fund non-operating budget expenditures such as capital improvements, as approved by the Board of Trustees.
(2) The Child Development Center Endowment Trust Fund: distributions from this perpetual fund are used for projects recommended by the CDC Council and approved by the Board of Trustees.
A gift to one of these Faith Funds is a wonderful way to honor or to memorialize a loved one, for birthdays, anniversaries, Mother’s and Father’s Days.
