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Endowment Fund

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Established November 2002

Purpose:


This is a gift planning program to enable funding for future ministry of the parish.

 

The endowment board, consisting of seven members, all in good standing, appointed by the vestry, operates the fund. In addition, the rector and senior warden shall be ex-officio members of the board.

 

The board, in accordance with its adopted guidelines, shall administer funds received as gifts. All assets shall be held in the name of the Endowment Fund of St. Peter's by-the-Sea, Sitka, Alaska. This gift acceptance policy will provide guidelines to representatives of St. Peter's by-the-Sea who may be involved in the acceptance of gifts, to outside advisors who may assist in the gift giving process, and to donors who may wish to make gifts to the St. Peter's by-the-Sea Endowment Fund.

 

Contact Endowment Fund board members for referrals on advice for making gifts, planning your own individual planned ministry, questions on planning your wills, for tips on a thoughtful and practical estate plan, and how to secure a durable power of attorney.

 

The fund currently holds investments in excess of $100,000.


The following links take you to the foundational documents of St. Peter's Endowment Fund.

Amended Resolution
Policy Regarding the Disposition of Bequests
Gift Acceptance Policy
Designated Funds Policy
Investment Guidelines
Amended Spending Rules

 

Current Board Members are:


Brian Massey, Chair

Ann Brauer-Burns
Jack Ozment

Wells Williams
Mim McConnell
Glenda Rice

Jane Barron, Sec.

Gary Paxton (member and ex-officio as Senior Warden)
Caroline Crenna, Consulting Attorney

Download an Endowment Pledge Form here

Download the Endowment Brochure here.