Memorials, planned gifts and major gifts will typically fall into one of two categories: Non-Endowed and Endowed.
Generally speaking, endowed gifts limit spending to income only, allowing the principal to remain intact in perpetuity. Non-endowed gifts allow use of both principal and income to provide support for St. Paul’s as determined by the Vestry.
In order to provide guidance to the Director of Stewardship and Planned Giving, clergy, the Senior Warden, Vestry, and others who may counsel those individuals or families who express interest in making gifts to the church, guidelines for funding options and planned giving options are provided.