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Permanent Endowment
In 2017, the Nativity Permanent Endowment was established as a giving ministry that will preserve and protect our Church and allow contributions to grow in perpetuity. Legacy and endowment giving provides a critical permanent source of funding that minimizes the impact of short-term disruptions in annual giving. Through parishioners’ generosity, both living and deceased, the Church has accumulated a substantial financial reserve. Six component funds make up the Permanent Endowment of Nativity Church. Each of the funds has a distinct purpose that guides the vestry in making decisions about income use. The chart displayed includes the six funds’ names and their fair market value at the end of the calendar year since 2017. At the end of the third quarter for 2020, the total value was $646,000.
Permanent Endowment of the Nativity Church Annual Fair Market Value
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Preserve & Protect ClemmentsFlautt
Davis Communion
TEP Scholarship
Kerr Fellowship & Formation
2017 $218,760 $89,286 $17,338 $123,701 $38,131 2018 $237,384 $82,376 $16,259 $114,523 $36,250 2019 $322,911 $94,434 $18,733 $129,121 $41,708 2020 $365,145 $95,001 $19,200 $124,340 $41,942
