Planned Gift Funds
Investing in Time of Grace Ministry means you are helping to sustain the ministry in both the short-term and long-term. There are four fund classifications to consider:
- Operating fund—This fund supports the general day-to-day operations of the ministry. The
annual operating budget is established through deployment of these funds.
- Outreach fund—An account that is established which provides greater flexibility than
a traditional endowment fund. Gifts to the outreach fund support larger ministry investment needs in new technology and new mediums of communication.
- Opportunity fund—New, short-term opportunities present themselves during the course of the annual operating plan. This fund would help Time of Grace take advantage of opportunities such as new digital outreach or expanded television market availability.
- Endowment fund—This fund continues in perpetuity, providing resources over a period of years and providing a dependable income stream to the Time of Grace operating fund. (The urgency of the Great Commission gives priority to a generous flow of current income over the
accumulation of a large endowment for future use.)