Endowment Fund
Securing Our Future
Since its establishment in 1957, the St. James’s Endowment Fund, Inc. has been the bedrock for the long-term vitality of our church. As a tax-exempt corporation, the Fund’s mission is simple: to invest and grow permanent funds that support and advance the good works of St. James's Church for generations to come.
Our Impact and Growth
Through sound financial stewardship and the generosity of our members, the Fund has grown exponentially.
Financial Strength
The Fund has grown from an initial value of approximately $140,000 to over $11 million today.
Total Investment
We have expended over $6 million since inception to maintain and expand church facilities, provide essential parking, and support our critical outreach ministries.
How the Endowment Works
The Endowment is governed by a dedicated Board of Trustees—the Rector and nine lay trustees, all of whom have previously served on the Vestry.
Each year, the Trustees distribute a vital grant to the Vestry for the church's unrestricted needs. This grant is equal to 4% of the three-year rolling average value of the unrestricted fund (net of fees).
Designate Your Legacy
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Endowed Pledge Fund
Creates a perpetual annual contribution to meet the church's yearly budget, securing your pledge commitment forever.
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Music and Worship Fund
Provides long-term support for our renowned Music Program.
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Anderson Horan Fund
Supports the critical, immediate needs met by the Rector's Discretionary Fund.
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Scott-Taliaferro Fund
Provides scholarships for current St. James's members.
Permanent Generosity
Imagine your annual commitment continuing in perpetuity. By designating your legacy gift to the Pledge Endowment Fund, you create a yearly contribution that never stops.
Example: To generate a perpetual $2,500 annual gift, an endowed gift of just over $55,000 would be required (based on the current 4.5% spending rate).
Leave a Lasting Legacy
Your support through the Endowment Fund is a commitment to the enduring future of St. James's. Click here to learn more about Legacy Giving and how you can contribute to the St. James’s Endowment Fund.
If you wish to make a gift, explore a provision in your will or trust, or discuss other giving vehicles, please contact our Director of Administration, Betsy Lee.
The specific tax ID for St. James’s Endowment Fund, Inc. is: 83-2821776.