Saint Margaret’s Endowment
” A generous person will be enriched, and one who gives water will get water.” – Proverbs 11:25
What is Saint Margaret’s Endowment?
The Endowment is a formal long-term savings account that financially supports our church to do God’s work by paying for special projects to improve our facilities, fund outreach projects, enrich our worship and music programs and other ways the vestry may approve. It has its roots from the late 1900’s when several church families combined to donate $220,000 as seed money. They formally created St. Margaret’s Endowment in 2001, defined and managed by the by-laws and operating procedures they created and the Vestry approved. Endowment spending may not be used for ongoing expenses of operating the church.