The International Council of Community Churches

Uniting Christians in their rich Uniting Christians in their rich diversity through the love of diversity through the love of

God and with the spirit of God and with the spirit of community.community.

The Permanent Endowment Fund

Where your gifts keep on Where your gifts keep on giving!giving!

What Is An Endowment Fund?

It is like a savings account where you can It is like a savings account where you can only withdraw the interest it earns.only withdraw the interest it earns.

It provides yearly income to a charitable It provides yearly income to a charitable organization such as the International organization such as the International Council of Community Churches (ICCC).Council of Community Churches (ICCC).

What Makes An Endowment Fund Permanent?

The Endowment Fund’s principal (the sum of The Endowment Fund’s principal (the sum of all contributions to the Fund) will not be spent all contributions to the Fund) will not be spent unless there is an extreme emergency. unless there is an extreme emergency.

To use the principal to meet an To use the principal to meet an

extreme emergency requires:extreme emergency requires:A 3/4ths vote of the delegates at an A 3/4ths vote of the delegates at an

Annual Conference Annual Conference PLUSPLUSA 3/4ths vote of the Board of TrusteesA 3/4ths vote of the Board of Trustees

When Was The Council’s Endowment Fund

Established?

A resolution to establish the Fund was A resolution to establish the Fund was passed at the ICCC’s 2000 Annual passed at the ICCC’s 2000 Annual ConferenceConference

The Fund was launched at the 2001 The Fund was launched at the 2001 Annual Conference when the first gifts Annual Conference when the first gifts were received and Trustees elected.were received and Trustees elected.

Why Was The Permanent Endowment Fund Created?

To ensure that the Council has the To ensure that the Council has the financial strength for generations to financial strength for generations to come by:come by: Continuing to strengthen existing Continuing to strengthen existing

programs;programs; Creating new programs that support Creating new programs that support

the Councilthe Council’’s mission;s mission; Providing funds for adequate staffing. Providing funds for adequate staffing.

How Is The Permanent Endowment Fund

Administered? By a committee of six trustees.By a committee of six trustees. The Endowment Fund Trustees are The Endowment Fund Trustees are

separate from the Trustees which separate from the Trustees which govern the ICCC.govern the ICCC.

They are elected by delegates to the They are elected by delegates to the Annual Conference.Annual Conference.

The Trustees serve three-year terms.The Trustees serve three-year terms.

How Does The Endowment Fund Receive Monies and

Other Gifts? Gifts come from Council members, friends, Gifts come from Council members, friends,

churches and other institutions wishing to churches and other institutions wishing to support the purposes of the Fund and the support the purposes of the Fund and the mission of the ICCC.mission of the ICCC.

Gifts can be cash and securities given in the Gifts can be cash and securities given in the present present oror future planned gifts through future planned gifts through bequests, insurance policies, trusts, and bequests, insurance policies, trusts, and annuities. annuities.

Other Kinds Of Gifts Can Also Be Received By The

Fund.These Include:

Real EstateReal EstateArtworkArtworkJewelry and GemsJewelry and GemsCollections such as art, coins or Collections such as art, coins or

stampsstamps

Who Will Manage The Endowment Fund

Investments? The New Covenant FundThe New Covenant Fund, part of The , part of The

Presbyterian Foundation. Presbyterian Foundation. It is deemed the best-managed It is deemed the best-managed

denominational endowment fund. denominational endowment fund. It works exclusively with Christian It works exclusively with Christian

organizations. organizations. It only invests in socially responsible stocks It only invests in socially responsible stocks

and bonds.and bonds. It doesIt does not not invest in companies that doninvest in companies that don’’t t

support racial diversitysupport racial diversity

Why Should You Support The Permanent Endowment Fund? To express gratitude for the blessings To express gratitude for the blessings

the Lord has given you.the Lord has given you. To support and perpetuate the values To support and perpetuate the values

and ideals that you and the ICCC and ideals that you and the ICCC cherish:cherish: Racial inclusivenessRacial inclusiveness Non-denominationalismNon-denominationalism Ecumenical engagementEcumenical engagement Strong support of missionsStrong support of missions

How Can You Benefit From Making A Gift To The Fund? You can choose how the taxable portion You can choose how the taxable portion

of your estate is to be used:of your estate is to be used: By Uncle Sam ORBy Uncle Sam OR To support your faith, values and To support your faith, values and

idealsidealsLeave a legacy for generations to come Leave a legacy for generations to come You can minimize taxesYou can minimize taxes

You Can Choose How Your Gift to the Fund will be Used You can give Unrestricted Gifts You can give Unrestricted Gifts

(encouraged)(encouraged) ICCC Board determines best useICCC Board determines best use

You can give Restricted Gifts for such You can give Restricted Gifts for such things as:things as: Capital expenses Capital expenses MissionsMissions ScholarshipsScholarships

What Size Should An Endowment Fund Gift Be?

There is There is nono minimum gift amount. minimum gift amount. Any and all gifts that will help the Fund Any and all gifts that will help the Fund

better support the Council are welcome.better support the Council are welcome. Gift should be Gift should be in addition toin addition to regular gifts regular gifts

to the Councilto the Council’’s operating budget. s operating budget. Names of all donors will be published in Names of all donors will be published in

the Annual Conference program– the Annual Conference program– unless anonymity is requested.unless anonymity is requested.

The Endowment Fund Recognizes A Variety of Giving

LeveIs

Based on a Donor’s Total Gifts:Based on a Donor’s Total Gifts: AcolytesAcolytes $1 to $ 999$1 to $ 999 DisciplesDisciples $1,000 - $ 2,499$1,000 - $ 2,499 TeachersTeachers $2,500 - $ 4,999$2,500 - $ 4,999 DeaconsDeacons $5,000 - $ 9,999$5,000 - $ 9,999 ApostlesApostles $10,000 -$24,999$10,000 -$24,999 AngelsAngels $25,000+ $25,000+

Who Are Burkhardt and Evans Supporters? They are individuals and couples who They are individuals and couples who

have made one or more current gifts have made one or more current gifts totaling $5,000 or more to the totaling $5,000 or more to the Endowment Fund. Endowment Fund.

Revs. Roy Burkhardt & Joseph Evans Revs. Roy Burkhardt & Joseph Evans founded the ICCC in 1950.founded the ICCC in 1950.

Member supporters are given special Member supporters are given special recognition in appreciation for their recognition in appreciation for their commitment to the Council’s future.commitment to the Council’s future.

What Are Named Funds? THESE FUNDS:THESE FUNDS:

Are named after the donor(s) or other Are named after the donor(s) or other persons honored or memorialized;persons honored or memorialized;

Require a minimum $10,000 in gifts;Require a minimum $10,000 in gifts; The fund name and amount are The fund name and amount are

published in each Annual Conference published in each Annual Conference programprogram

What Are Designated Purpose Funds?

THESE FUNDS:THESE FUNDS: Can be named after the donor(s) or other Can be named after the donor(s) or other

persons honored or memorialized;persons honored or memorialized; Allow the donor to choose how income is Allow the donor to choose how income is

used– fund is physically separate.used– fund is physically separate. Requires a minimum $25,000 in gifts;Requires a minimum $25,000 in gifts; The fund name, amount and purpose are The fund name, amount and purpose are

published in each Annual Conference published in each Annual Conference programprogram

What is an Endowment Fund Guardian Angel?

Guardian Angels are individuals or couples Guardian Angels are individuals or couples who remember the Council through an who remember the Council through an estate/ planned gift: estate/ planned gift: Wills or Wills or TrustsTrusts

By being a Guardian Angel you can:By being a Guardian Angel you can: Leave a lasting legacy of love ANDLeave a lasting legacy of love AND Reduce taxes on your estateReduce taxes on your estate

What is the Endowment Fund’s Financial Goal? To reach To reach $1 million$1 million in gifts. in gifts. That level of funding can generate That level of funding can generate

$200,000$200,000 in dividends and appreciation in dividends and appreciation for the Council over 5 years.for the Council over 5 years.

It will take many gifts of all sizes to It will take many gifts of all sizes to reach the goal. reach the goal. AllAll gifts are important. gifts are important.

$189,200$189,200 in gifts made through in gifts made through June 30, 2013. June 30, 2013.

What Are The Endowment Fund’s Current Assets?

As of June 30, 2013 the Fund had As of June 30, 2013 the Fund had $224,816 $224,816 in assets.in assets. As of June 30, 2013 the Fund’s assets were invested As of June 30, 2013 the Fund’s assets were invested

in two mutual funds:in two mutual funds: New Covenant Balanced Growth Fund (60% of total New Covenant Balanced Growth Fund (60% of total

asset $) [consists of 65% stocks, 35% bonds] asset $) [consists of 65% stocks, 35% bonds] New Covenant Balanced Income Fund (40% of total New Covenant Balanced Income Fund (40% of total

asset $) [consists of 35% stocks & 65% bonds]asset $) [consists of 35% stocks & 65% bonds]

How Can You Make a Gift?

For more information on the Endowment For more information on the Endowment Fund contact the ICCC headquarters:Fund contact the ICCC headquarters: (815) 464-5690(815) 464-5690 ICCC60423@sbcglobal.net 21116 Washington Parkway, Frankfort, 21116 Washington Parkway, Frankfort,

IL 60423-3112IL 60423-3112 OR visit website: www.ICCCUSA.comOR visit website: www.ICCCUSA.com

The ICCC Permanent Endowment Fund

YourYour opportunity: opportunity: To make a gift that makes a To make a gift that makes a

difference;difference; To perpetuate the faith, values and To perpetuate the faith, values and

ideals that form the core of your ideals that form the core of your beliefs. beliefs.

The ICCC Permanent Endowment Fund

Your opportunity to giveYour opportunity to give gifts that keep on giving!gifts that keep on giving!