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What We Do

Endowments

An endowment is a permanently restricted, self-sustaining source of funding. Earnings are paid out annually according to the donor’s wishes.  What a wonderful way to honor a family or remember important people in your life while assisting the local church or ministry of your choice. Contact the Foundation if you'd like more information on how to establish an endowment.

Named Endowment Application

Klingbeil Legacy Grant: Churches that establish a new endowment fund with the Foundation from July 1 - December 31, 2022  will receive an instant grant of 10% of the amount invested. For example: A church that establishes an endowment of $50,000 would receive an instant grant of $5,000 to bring the principal up to $55,000. An endowment of that size will typically generate about $2,500 annually. The maximum new endowment size is $250,000 plus a $25,000 grant, or $275,000.

Endowments keep the principal amount intact forever but allow you to use the investment income for the ministries of your church.

Klingbeil Legacy Grants and Klingbeil Investors Grants for investments are available thanks to a wonderful gift by Maynard Klingbeil. Read more about Maynard Klingbeil.

 

UMC

Dakotas Annual Conference of The United Methodist Church 605.996.6552 https://www.dakotasumc.org/media/library/fluid-mod-setting/12/logo/logo.png https://www.dakotasumc.org/media/library/fluid-mod-page/2/slideshow_home/Special_session_general-1.jpeg 1331 University Ave. Mitchell SD 57301-0460 US 43.69689310 -98.03291320 122 W. Franklin Avenue Ste 400 Minneapolis MN 55404 US 0.00000000 0.00000000 1331 W University Ave Mitchell SD 57301 US 0.00000000 0.00000000 1331 University Ave Mitchell SD 57301 US 0.00000000 0.00000000 http://www.facebook.com/dakotasumc http://www.twitter.com/DakotasUM https://vimeo.com/dakotasumc https://www.instagram.com/dakotasumc https://www.flickr.com/photos/dakotasumc/albums