The Laura Stern Heritage Endowment Fund’s primary objective is to provide long-term financial support for needed capital improvements to Soapstone UMC’s buildings, grounds, and equipment.
This endowment is to establish a long-term funding source that will increase in value year over year, based on a 20% reinvestment requirement of earnings each year. Proceeds from the endowment will be directed to capital improvement projects agreed upon by the Trustee Committee to improve, maintain or expand the buildings, properties, and plant of Soapstone UMC. Additionally, the intent of this endowment is to relieve the stress on the General Budget for Trustee items for much-needed improvements. Finally, this fund is intended to provide an opportunity for a long-lasting blessing to Soapstone UMC through one-time and estate planning gifts from members, friends, and families.
Click here and choose the Laura Stern Heritage Endowment Fund and support this fund.