Kirk News Headlines
Tickets are now on sale for the Conspirare Concert on Sunday, March 4! Click here to purchase tickets online!
The February/March issue of Kirk News is now available! Click here to download this issue.
Bring your non-perishable food items to the Kirk each Sunday, along with your fresh produce for the Two-Pound Challenge!
Endowment Funds - Giving That Endures
“For where your treasure is, there your heart will be also.”
Matthew 6:21
Kirk in the Hills is funded through two primary sources: the operating budget generated by the annual stewardship of members and friends, and earnings from the endowed funds through the long term generosity of members. Endowed funds differ from operating funds in two important aspects. First, each endowed fund is intended for use by the Kirk in perpetuity. The principal is invested in assets which will earn interest, dividends, and capital gains. But the principal is not intended to be spent, even as its value grows. The Board of Trustees, as part of their responsibility to preserve and protect the assets of the Kirk, periodically assesses the appropriate level of distributions from each fund. The second differentiating aspect is that endowed funds may be established with an intended purpose as specified by the donor and must be used exclusively for that purpose.
There are a variety of endowed funds; donors can contribute to those existing funds at any time in any amount or, with a specified minimum contribution, establish a new fund.
Through the thoughtful and generous contributions of members and friends, endowed funds broaden and deepen the Kirk’s ministry for us today and for future generations in our community of faith. For more information about the endowment funds, making a bequest in your will, or a Memorial or Special Gift, please contact Jayne Zellers, Business Manager, at (248) 626-2515, ext. 110.