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 Endowment Fund 

 

"A good man leaves an inheritance for his children's children and the wealth of the sinner is laid up for the just."  Proverbs 13:22

 

The Antioch Endowment Fund was established on April 18, 2002.  The purpose of the fund is to: (1) provide a vehicle for members and friends of Antioch to give a lasting gift to support the church, its missions and ministries, (2) give members and friends of Antioch a vehicle to provide a lasting gift in memory of a family member or friend, and (3) offer additional means for members to express their stewardship.  With this fund, Antioch Baptist Church would be creating a legacy for the future  to support its mission for the advancement of the Kingdom of Jesus Christ through the work of evangelism and recovery of lost lives and lost souls (Matthew 28:20 KJV)

 

WHY SHOULD I SUPPORT THE ANTIOCH BAPTIST CHURCH ENDOWMENT FUND?

Your gift will provide income in perpetuity to support the missions and ministries of Antioch Baptist Church.

 

WHO MANAGES THE ANTIOCH BAPTIST CHURCH ENDOWMENT FUND?
The Fund is overseen by the Endowment Committee which is comprised of members of the Deacon and Trustee Boards, and at-large members of the Church body.  The fund is held and managed by the Cleveland Foundation, which has a long history of managing charitable assets.  The fund is pooled with similar funds and invested to achieve greater investment returns.

HOW CAN I SUPPORT THE FUND?

  • Cash Checks should be made payable to:  "The Antioch Endowment Fund of the Cleveland Foundation" and mailed to The Antioch Endowment Fund c/o The Cleveland Foundation, Attn:  J. Bulloch, 1422 Euclid Avenue, Suite 1300, Cleveland, OH 44115

  • Marketable Securities Please have your financial advisor contact a Gift Planning Officer The Cleveland Foundation at 216-861-3810 for complete transfer instructions.

  • Bequests through a Will or Trust  Remembering a charitable institution such as the Antioch Endowment Fund in your Will and formal estate plan may be the most comfortable way to make a gift.  Representatives at The Cleveland Foundation can work with your attorney to recommend language to be included in those legal documents.

  • Life Insurance Name the Antioch Endowment Fund as beneficiary of your life insurance policy, or donate a fully-paid life insurance policy.

  • IRA or Employer-Sponsored Retirement Plans Name the Antioch Endowment Fund as beneficiary of your IRA or Employer-Sponsored Retirement Plan.

  • Qualified Real Property with Lifetime Use A gift of real estate can be made to the Endowment Fund while providing you with use of the property during your lifetime.  At time of death, the property becomes an asset of the Endowment Fund and is excluded from your estate

 

IS MY CONTRIBUTION TAX DEDUCTIBLE?
Gifts to the Antioch Endowment Fund may be tax deductible.  Gifts can be made during your lifetime and may qualify as charitable gifts for federal income tax purposes.  Bequests are exempt from both federal estate tax and Ohio inheritance tax. Please check with your tax advisor regarding your personal situation.

 

WHO CAN I CALL WITH QUESTIONS?

For general questions about the Antioch Endowment Fund, call Antioch Baptist Church at 216-421-1516.  For questions on structuring a contribution or for confidential assistance, call The Cleveland Foundation at 216-861-3810.  They have professional gift planning staff available to assist you and your advisors in creating a gift.

Building a Spiritual TOWER of Power

Antioch Baptist Church
8869 Cedar Avenue, Cleveland, OH 44106
P: 216.421.1516         F: 216.229.0437

Business Hours:  Monday - Friday:  9:00 a.m. - 5:00 p.m.
( Closed from 12:00 p.m. [Noon] - 1:00 p.m. )

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