Leaving A Legacy
The Ministry of Planned Giving of First United Methodist Church was established in 2002 for the purpose of providing friends and members opportunities to make charitable gifts to the Church. These gifts are intended for purposes which are not funded through the annual operating budget and help carry out the mission of the Church both today and for future generations.
The Ministry is comprised of the following members:
Senior Pastor (non-voting)
Finance Committee Representative
Administrative Council Representative
Four at-large members
The duties of the Ministry of Planned Giving include encouraging and educating people about giving from accumulated assets; receiving, administering and investing gifts, including bequests and trusts; ensuring that donors’ designations are honored.
Both designated and undesignated gifts are managed by the Ministry of Planned Giving. The Ministry is overseen by the Board of Trustees.
The Ministry of Planned Giving is responsible for First United Methodist Church’s permanent endowment funds. A gift to one of the permanent endowment funds provides income in perpetuity for church ministry. The endowment principal is invested in one or more professionally managed funds of the United Methodist Foundation of Northern Illinois Conference. Our own Bob Campbell is a member of the Foundation’s Board of Directors and the Investment Committee.
Any undesignated gifts from wills, trusts or beneficiary nations will be distributed as follows:
• 50% to First United Methodist Church General Endowment Fund
• 50% to current needs and ministries based on recommendation of the Ministry of Planned Giving