Trinity is grateful to the faithful members of past years who have committed to Trinity and made it possible for us to enjoy the benefits of a modest endowment. Trinity depends on these gifts to finance almost 70% of our operating budget. The Vestry is committed to moving from this dependence on endowment to sustaining our daily expenses with support from current members and using the endowment to fund our outreach and other mission opportunities. We are committed to the Biblical tithe or to the intentional giving with the object of reaching 10% when our financial situation allows.
if you are interested in knowing more about planned giving please contact the Rev'd Jane Bearden for information.
Our endowment is in two funds. Operating money is held in a traditional stocks and bonds account with an investment firm. That same investment firm holds our loans that were taken out for the renovation of the church buildings. Trust funds are held by the Diocesan Investment Trust that is part of the Episcopal Church investment group. More information is available on the Diocesan Investment Trust or the DIT. In past years Trinity has relied too heavily on our endowment to support our operating budget. With the 2010 budget year the Vestry is engaged in the work of planning for the responsible management of our endowment and the establishment of a budget that is reflective of our current financial situation. In order to continue our commitments to outreach we are also endeavoring to increase our membership support. for more information, contact one of the members of the Finance Committee or the Vestry.