St. Mark's Mission Endowment Fund

The Mission Endowment Fund is one of two St. Mark's endowment funds. It is administered by the Mission Endowment Board. Monies deposited into the fund are by gift or bequest and then invested. The deposits themselves are retained with only the earnings therfrom being  spent. 

Three broad areas are covered by the fund's expenditures. These areas are:

  • improvements to the St. Mark's Springfield church

  • ELCA related activities

  • outreach programs to the community

An attempt is made to generally provide each covered area with the same amount of funds. Internal fund controls limit the expenditures to five percent of the fund's value in a given year. Under this growing program the mission of the church may be continued well into the future using the fund's monies.

For more information, please contact Bob Sargeant at EMAIL.

 

December 2022 Board Meeting

The St. Mark's Mission Endowment Board met in December to consider three requests for funds. The following decisions were made:

  • The Board approved $2600 for the Bell Choir to a purchase a three-octave set of handchimes to include shipment. St. Mark's previously borrowed handchimes when needed. 

  • The Board appropriated $1500 to Food for Others to purchase protein-rich foods. 

  • The Board pledged up to $12,000 toward the renovation of the Sacristy. Funds will be made available once the project is underway. 

Members of the congregation may contribute to the Mission Endowment at any time. These funds keep working in the future as only the their earnings are spent. Note on your check that you wish the contribution to be credited to the Mission Endowment Fund. Thank you.