Pittman Park Establishes Endowment

Written on 03/26/2026
Megan Hopkins

On March 23, 2026, in their 70th year, Pittman Park UMC established an endowment fund to secure the church’s mission “for the next 70 years.” This fund creates a long-term source of income for ministries beyond the annual operating budget, ensuring stability through changing seasons by protecting donated principal in perpetuity. The fund was seeded with $250,000 from the Wood-Dozier fund.

HOW THE FUND WORKS

Gifts to the Endowment Fund are protected. The money is invested to grow and support ministry forever. Each year, 4% of the fund’s rolling average is distributed to support church missions. The Georgia United Methodist Foundation serves as custodian to ensure socially responsible, faith-based investing.

FUND OPTIONS FOR DONORS

The Wood-Dozier General FundDistributions are used for general church needs.

The Brad Brady Capital FundDistributions are used for capital improvements and repairs to the church buildings and property that will cost more than $100,000. The principal in this section of the endowment may be spent for committee-approved projects.

Designated FundsDistributions are used for a donor-determined purpose (gift must exceed be at least $100,000).

WAYS TO JOIN THE LEGACY

Outright gifts now- Give cash, checks or appreciated securities to see your impact start today.

Planned giving later- Include the church in your will, life insurance, or retirement plan beneficiary designations.

Tax-efficient retirement giving- If 70 or older, use a Qualified Charitable Distribution (GCD) from your IRA.

View the full endowment information packet.