April Faith Fund Update
The Faith Fund continues to grow. A total of $17,035 has been received. Of that, $10,000 is for the General Endowment Fund and has been invested. Its market value as of March 31 was $10,502.31 . The remaining $7,035 is for the Permanent Endowment Fund and will be invested once it reaches $10,000.
Currently there are 25 individuals and families, including 2023 Vestry members, who are members of the Red Door Society. These are the people who have given or who have made a planned gift to the Faith Fund. Their names are listed on the St. Timothy’s website.
The Faith Fund is St. Timothy’s endowment and it was established last year. The earnings from the Faith Fund enable St. Timothy’s to more completely fulfill its mission by providing funds for its ministries and capital needs beyond what is possible through its annual operating funds. In addition to gifts made through planned giving, there is a wonderful opportunity to make a gift in memory of or in thanksgiving for someone or something. For more information visit https://www.st-tim.org/saint-timothys-faith-fund/ or contact John Porter-Acee or Endowment Committee chair Barbour Strickland.