Page 13 - KOG Glory & Grace, Issue 8, November 2022
P. 13
ENDOWMENT GIFTS How it works
A gift to an Endowment lasts forever! Here is a breakdown of how a gift given to KOG's Endowment Fund can impact KOG:
An annual $500 gift given to KOG's endowment has a total impact of $20,200 over 20 years. ($10,000 in contributions + $3,800 in investment performance + $6,400 in annual distributions awarded back to KOG).
A one-time gift of $10,000 has a total impact of $31,500 over 20 years. ($10,000 initial contribution + $8,000 in investment performance + $13,400 in annual distributions awarded to KOG. .
SOME DISTRIBUTIONS FOR 2022 WERE:
To discuss making a gift, please contact one of the pastors or members of the KOG Board.
NEW LAWNMOWER FOR THE CHURCH
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INVEST GIFT
CONFIRMATION CAMP SCHOLARSHIPS
DISTRIBUTE
MIDDLE SCHOOL CAMP SCHOLARSHIPS