An endowment extends good stewardship above and beyond a church’s operating budget, said the presenters of “Introduction to Endowments: Why Have One, and What Are They?”
A church’s mission and stewardship are inextricably linked. Talking about money has to reflect that, said the presenters of the Church Mission and Sustainability workshop on Tuesday, the first of the Presbyterian Foundation’s Day of Learning events.
In his session titled “Endowments 101” at the Stewardship Kaleidoscope gathering in San Diego last week, Stephen Keizer, Vice President of Ministry Relations at the Presbyterian Foundation, taught key concepts around church endowments including their inception, management and eventual use.