Endowment / Foundation
Holy Comforter is blessed to have an Endowment and a Foundation.
The income from our Endowment Fund is used to "promote, sustain and enlarge the religious, educational, charitable and mission programs of the Holy Comforter Episcopal Church in the City of Charlotte." Right now, the Endowment's primary investment is the adjoining property at 2729 Park Road.
The Foundation is all about the bricks and mortar of our beautiful church and grounds. The income from the Foundation fund is being used to "maintain, improve, replace, repair and renovate the real property and improvements thereon owned by Holy Comforter Episcopal Church." In that role, the Foundation was a major contributor to our last Capital Campaign, which raised money for the construction of the Van Every Building and needed updates to the Atkinson Building.
The Board of Trustees meets quarterly, manages both accounts and is responsible for being good stewards of the available funds.
Your 2016 Endowment/Foundation trustees are:
Pat Mynatt, Lisa Anderson, Beth Hardin, and Doug Shaw
Both of these entities are 509 organizations, which may entitle the giver to receive certain tax advantages; as always, consult with your accountant about your individual financial and tax situation.