St. Thomas Endowment
The Endowment Fund was established in 2009 to provide a permanently invested growth and development fund for St. Thomas. Income from the Fund provides both for the long term needs of the church and for programs not related to ongoing monthly expenses.
The principal is invested with the Trustees of the Funds of the Diocese of Virginia in its $116 million dollar Fund, managed for the benefit of the participating churches and institutions. Our Endowment Fund provides a wonderful opportunity for people to remember St. Thomas in their planned giving through bequests, life insurance or life-income gifts. However, contributions of cash or securities can be made at any time to help our endowment continue to grow in value.
Need more information on the various options for giving to the endowment? The Episcopal Church Foundation website (www.episcopalgifts.org) has useful information to get you started. However, you should always check with your financial advisor to determine the right choice for you.
A Plan of Organization governs the management of the endowment. If you’d like more information or have further questions, please contact a member of the Endowment Committee: (Dr.) David Smith (chair), Toby Bush, Will Ferris, Scott Johnston, and Charlie Stringfellow.