SERVICES FOR CHURCHES
Church & Agency Funds
These funds are entrusted to us by churches and agencies (a term for Christian non-profits or para-churches) to provide support for operations, a specific project, or are endowments, which provide a permanent source of income for the organizations. These funds may also be utilized by agencies to accept gifts directly from donors including complex gifts such as real estate. The funds are invested by Hope in a variety of alternatives according the church's goals and objectives and are available for use by the agency as needed.
Church funds managed by Hope total more than $11 million, most of which was invested in our Cash Management Pool. Agency Funds may also be invested in longer term alternatives such as the Longleaf Funds. We seek to provide excellent investment alternatives for church operational or endowment funds (see below for these alternatives).
Download an agreement to open an Agency Fund with Hope
View past performance results for the investment alternatives available for Agency and Church funds
Cash Management Pool
This is an investment pool of high quality bank certificates of deposit and U.S. Government Agency notes with less than one year maturity. Usually, it allows a ministry to earn higher rates on their cash funds than they could on their own. The pool provides necessary liquidity, eliminates oversight concerns and is cost effective.
Longer Term Investment Alterative
Agency funds can also be invested in investment pools managed by Southeastern Asset Management (Longleaf Funds), Diversified Trust Company or Reliant Investment Management. The investment pools offer various mixes of equities and fixed income securities.
Church Foundation Back-Office
We seek to help area churches establish their own foundation. We provide gift expertise, investment management and accounting functions.
Although almost 90 cents out of every dollar of wealth in the world is a non-cash asset, many churches and ministries aren't set up to accept non-cash gifts. Nor are they able to fully develop giving among their members or donors. They simply don't have the expertise to help their constituents give in the most effective ways – and they don't have the time or resources to develop such capabilities. With Hope Christian Community Foundation behind your church , you can build a new source of giving. We enable you to create a fund that serves as a foundation-like entity. This fund, called a Church Foundation Fund, allows your church to:
- Accept gifts of real estate, business interests, restricted securities and other non-cash assets
- Strengthen relationships with your members or donors by opening up new possibilities of giving
- Accomplish all of this without adding staff
Why Form a Church Foundation?
- Increase total giving by members
- Gifts from assets rather than income: wills & estate planning gifts, windfall gains, memorials, real estate
- Foundation generally supports Church mission efforts locally & internationally rather than Church budget
- Pastor must be totally supportive: Foundation does not compete with Church for dollars and seeks asset gifts while Church is supported by income gifts
Donor Designated Fund to Benefit the Church
Donor Advised Funds for Church Members
In conjunction with a Church foundation, we will administer and manage donor advised funds for your members which would further solidify your sources of support.
Partnerships
We seek to partner with area churches in order to:
- Help unify & focus efforts for transformation
- Serve as information source regarding local ministries
- Share knowledge & expertise with Church mission efforts
- Identify needs & be proactive with possible solutions
