The Endowment Program

The Permanent Endowment Program
of the
Perdido Bay United Methodist Church

For information on how to give, download the brochure >>

Purpose:

Providing members and friends opportunities to make charitable gifts to PBUMC for permanent endowments of financial support and that can be living memorials
Intended for purposes not generally funded through the annual operating budget of PBUMC and the regular giving of its members
Help carry out the mission of PBUMC, “Sharing The Love Of Jesus.”

Established under the direction of the Alabama-West Florida United Methodist Foundation,

Terri H. Turner, Executive Director

Artwork by Paula Payne and Mary Meade

Investment of Endowment Funds

The purpose of any endowment is to provide a stable and secure source of funding in order to facilitate the mission of the organization. The policy governing the management of the Endowment Program Funds will be the total return concept, which is to conserve principal and make use of only income from the fund. This is essential to provide current income and growth of income for future needs to carry out the mission and to ensure the preservation and growth of principal to maintain purchasing power against the relentless effects of inflation.

The Endowment Fund Committee will seek investment of assets in institutions, companies, corporations, or funds, which make a positive contribution toward the realization of the goals outlined in the Social Principles of the United Methodist Church.

All gifts received by the PBUMC Endowment Program shall be invested through the establishment of one or more accounts with the Alabama-West Florida United Methodist Foundation as determined by the PBUMC Endowment Fund Committee. The specific purpose of each account authorized by the Committee shall be stated in order to fulfill the wishes of the donor and thereby to segregate and maintain gifts for their stated purpose.

PBUMC Endowment Program Committee

Chairman: Jerry Patee

Members at Large: Jerry Patee (3 year), Bill Eshelman (2 year), Ralph Loveless (1 year)

Pastor: Darren McClellan

Board of Trustees: Judith Dorsett

Church Council: Sandra Hoffman

Treasurer: Curtis Mitchell

Finance Committee: Jeanette Brooks

Non-voting members: Larry Batman, Larry Heinike, Bob White

Alabama—West Florida Foundation Advisor: Terri Turner

Alabama - West Florida Foundation

170 Belmont Drive
Dothan, AL 36305

(334)793-6820