Frequently Asked Questions
How does the St. Mark's Foundation work?`
Gifts accepted by the Foundation are added to the gifts from others and invested. Only the income earned from the investments will be spent or distributed in accordance with the mission of the Foundation. The effect is that your gifts keep giving forever.
Can the Foundation be utilized in estate and retirement planning?
In many instances you can combine charitable goals with life income needs. The form most widely used is a bequest by will, benefiting the Foundation at your death. The Trustees suggest you consult your attorney, banker, accountant or other financial advisers before making decisions.
How can I participate?
There are a variety of ways all of us can participate. Some ways are simple. Others may require financial and legal advice. In all cases, your gifts are legacies that will continue to grow and help generations to come. Please see the giving page for more information.
Who manages the Foundation?
A Board of Trustees formulates the Foundation's policies, manages the assets and distributes the income each year. The Board will appoint advisory committees to assist in the administration of the Foundation as needed.
Does the Foundation replace the Special Gifts and Memorials Committee?
No, the Special Gifts and Memorials Committee will continue to receive memorials as gestures of thanks or remembrance. A list of items needed to strengthen and enhance the ministry of St. Mark's congregation is available. The Foundation will also receive memorials or honorariums and will use those gifts for legacy giving.
Gifts accepted by the Foundation are added to the gifts from others and invested. Only the income earned from the investments will be spent or distributed in accordance with the mission of the Foundation. The effect is that your gifts keep giving forever.
Can the Foundation be utilized in estate and retirement planning?
In many instances you can combine charitable goals with life income needs. The form most widely used is a bequest by will, benefiting the Foundation at your death. The Trustees suggest you consult your attorney, banker, accountant or other financial advisers before making decisions.
How can I participate?
There are a variety of ways all of us can participate. Some ways are simple. Others may require financial and legal advice. In all cases, your gifts are legacies that will continue to grow and help generations to come. Please see the giving page for more information.
Who manages the Foundation?
A Board of Trustees formulates the Foundation's policies, manages the assets and distributes the income each year. The Board will appoint advisory committees to assist in the administration of the Foundation as needed.
Does the Foundation replace the Special Gifts and Memorials Committee?
No, the Special Gifts and Memorials Committee will continue to receive memorials as gestures of thanks or remembrance. A list of items needed to strengthen and enhance the ministry of St. Mark's congregation is available. The Foundation will also receive memorials or honorariums and will use those gifts for legacy giving.