Endowment Board Annual Stewardship Report

September 08, 2017 | by

The Endowment Board would like to thank donors for their contributions in the fiscal year 2016 to 2017. Through gifts, the Endowment Board has granted over $44 million to the Board of Pensions (BOP), and the Retired Clergy Association (RCA) to provide healthcare subsidies, Pre-1982 pension service years funding, and RCA membership, services, and programs for the retirees and their spouses of the California-Nevada Conference.   
In fiscal year 2016 – 2017, the Endowment Board provided:
-        Healthcare coverage for 306 retired pastors and their spouses
-        Funding of Pre-1982 pension service years, saving local churches over $1 million in apportionment costs
-        Healthcare subsidies to 13 families and/or individuals to assist clergy with healthcare expenses that they otherwise couldn’t afford
-        Served 515 families (retired clergy and surviving spouses)
-        Subsidy for the RCA Annual Luncheon
-        Book of Memoirs printing and publication
-        Per diems for those who couldn’t afford to attend Annual Conference
-        Seminary student scholarships
-        Three issues of the RCA newsletter – Days of Grace
-        Spring Fling annual event
-        Volunteers in Mission trip
-        Pastoral Response Team (assists retirees in crisis)
-        Administrative fees vital to the maintenance of the organization
Auxiliary Events:
-        Scholarships to the Annual “Gathering of the Orders” and keynote speaker sponsorship
-        Ecumenical Retreat Support