Endowments Support Roswell UMC
The Roswell UMC Foundation, Inc. provides perpetual sources of income via 24 endowments to support the work of RUMC and its mission partners. In 2014, The RUMC Foundation will distribute over $100,000 in grants.
Bevin Newton formerly served as the executive director. “I was talking to a former member who still includes RUMC in her will. She plans to someday establish an endowment benefiting our worship arts ministry. Her current United Methodist church does not have an endowment fund or foundation, and could not even provide advice on a way for her to leave a legacy gift to her church in her will,” she said. “I was deeply saddened. Our churches need to provide a way for that person who has given their whole life to keep giving after they are gone. Churches also need to start asking for such gifts. Think about it. When was the last time that your alma mater or another charity asked you to remember them in your will?
“My concern is that down the road, churches that are not asking for legacy gifts and creating endowments today will be so focused on keeping the lights on, that they will not have the financial resources to do the mission ministry outreach that our churches are called to do. The average church needs to look at their giving record, take baby boomers out of this equation, and then identify what it will do to their budget.”
This article was originally published in the Fall 2014 edition of Faith & Money, a publication of the Georgia United Methodist Foundation.