River Road Church, Baptist -- Richmond, Virginia
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Endowment

The Ministry of the Endowment Fund

The Endowment Fund offers members and friends of River Road Church an opportunity to provide for the support of the church in a lasting manner. Contributions to the fund are held permanently in trust to provide stability for the church in times of adversity. In addition, the fund allows the church to accomplish projects and programs in keeping with its mission and ministries that might not otherwise be possible.

A gift to the River Road Church, Baptist Endowment Fund:

  • Extends the reach of the church’s mission toindividuals, special situations, and other worth- while projects. Examples of projects made possible, in whole or in part, by grants or assistance from the Endowment Fund include:
    • Summer church missions projects
    • An elevator for the church buildings
    • A twenty-five passenger van
    • The River Road Concert Series
    • Stipends for seminary externships on church staff
    • Architectural services for capital improvement projects
    • The church’s portrait of the pastor
    • The Columbarium and Memorial Garden
    • Educational grants-in-aid to church-sponsored students
    • Other capital improvements to church facilities

  • Provides a means of memorializing someone in a permanent way.

Providing for the Future of the Church

Most people who give a memorial gift today want to know that the gift will be meaningful to the church for years to come. A prudent investment and spending program, administered by the fund’s Board of Trustees, helps to assure that your gift to the Endowment Fund will provide support for the church today and well into the future.

The River Road Church, Baptist Endowment is a permanent fund, and the trustees of the Endowment Fund have a special responsibility to maintain the purchasing power of endowment assets in perpetuity. To accomplish this, the trustees work to balance a reasonable spending policy with an investment program that provides for endowment growth. Endowment assets are allocated to various types of investments, which may include stocks and bonds, both domestic and international.

Giving to the Endowment Fund

River Road Church, Baptist welcomes gifts, bequests, and other donations to the Endowment Fund from members and friends. Contributions may be made in one of several ways:

Tax-Deductible Gifts

Your gifts of money, securities or other property to the Endowment Fund may be made at any time. By action of the church, all bequests, trusts and memorial gifts that are not designated for a particular purpose or given for use as general operating funds are irrevocably transferred to the
Endowment Fund.

If you desire to make a current tax-deductible gift of cash, stock or property, please specify that the gift is for the River Road Church, Baptist Endowment Fund. You may send your gift to the church office.

Bequests

You may also make a provision in your will for a bequest to the Endowment Fund. To provide for such a bequest, the following wording should be used:

“I give and bequeath to River Road Church, Baptist Endowment Fund, Richmond, Virginia, the sum of $ (or other described property), to be used by the Trustees as provided by the Charter of River Road Church, Baptist Endowment Fund.”

If you prefer, you may word your bequest to restrict its use for a specific purpose or program.

Other Donations

You may also make the Endowment Fund the beneficiary of an insurance policy, retirement or other living trust, or other money or property not a part of your regular estate. Gifts to the fund through other charitable giving vehicles such as charitable remainder trusts, charitable lead trusts and charitable annuities are also possible.

For more information or answers to your questions, please contact the president of the fund or any member of the fund’s Board of Directors.

Your support of the Endowment Fund is a lasting gift to the mission and ministries of River Road Church, Baptist.

 

 

                                                                                                                                                                                                                                               

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