Endowment Funds and Guardianships

The Foundation currently has more than 28 Permanent Endowment Funds and 6 Guardianships, each of which has been established by one or more of our members (or a ministry of the church) to serve a specific need.  Contributions that do not specify one of our permanent endowment funds or guardianships are deposited into the Foundation’s Unrestricted Fund.  The Unrestricted Fund can be used for any purpose determined appropriate by the Foundation Board, including to fund the administrative expenses of the Foundation.

To establish a new permanent endowment or guardianship, the initial gift or deposit must be at least $25,000.

Below is a brief description of each of our Endowment Funds and Guardianships:

Administration of the Foundation (1)

Administration Expense Fund to be used to support the ministry and administration of the Foundation. (est. 2007)

Benevolence, Outreach and Mission Funds (6)

  1. Congregational Care Fund to be used for the various programs of Congregation Care to include: Bereavement, Convalescent Care & Continuing Care, HeartStrings, Heart Team, Men’s Prayer Breakfast, Ministry Team, 90+ Birthdays and Stephen Ministry. (est. 2012)
  2. Dancer Fund to be used for the benevolence of needy persons seeking financial aid from the church; both members and nonmembers. (est. 2006)
  3. David McLaurin Outreach Fund to be used for mission outreach as directed and requested by the Outreach Committee. (est. 2006)
  4. Special Requests Fund to be used for emergency needs of staff or church members. (est. 2009)
  5. YAM Fund (Young Adult Ministry) to be used to support the young adult ministry and young adults through education, program development and scholarships. (est. 2010)
  6. Anderson Evangelism Fund to be used for all areas of young adult and family evangelism (established in 2015).

Campus Repair and Maintenance (6)

  1. Eckam Fund to be used for the maintenance of the Shepherd’s Garden and Columbarium. (est. 2010)
  2. Folsom Family Fund for Shipp Chapel to be used for the maintenance of the Shipp Chapel. (est. 2014)
  3. Maintenance Fund to be used for the maintenance and repair of LLUMC Buildings and Grounds. (est. 1991)
  4. Redman Fund to be used for the maintenance and repair of Wesley Chapel and other buildings. (est. 2006)
  5. Simons Fund to be used for the maintenance and repair of the LLUMC Sanctuary. (est. 1981)
  6. Theron Ewert Fund to be used for maintenance of the Shepherds Garden and Columbarium, as well as the remainder of the LLUMC grounds and facilities. (est. 2016)

Technology & Communications (1)

  1. Arnold Fund to be used for the repair or purchase of LLUMC communication equipment. (est. 2000)

Education (6)

  1. Academy for the Deaf Fund to be used for student tuition and and career development scholarships (staff) and scholarships for deaf students, including those in the Deaf Academy and Deaf Ministry. (est. 2012)
  2. Linda and David Anderson Fund for Evangelism to be used for the leadership development among young married couples and families with children; a strong family ministry promotes a strong children’s ministry which go hand in hand in sustaining the mission of Lovers Lane UMC: Loving all people into relationship with Jesus Christ. (est. 2014)
  3. Berkeley Fund to be used for ministerial staff development and continuing education. (est. 2000)
  4. Bruce Fund for Youth to be used for education/curriculum, post high school scholarships, speakers, building leadership qualities and developing philanthropy at an early age. (est. 2013)
  5. Wiggans Fund scholarship to be awarded to a deserving graduating senior of LLUMC, Christ’s Foundry, Trinity River Mission, Wesley Rankin or Bethlehem Center. (est. 2001)
  6. Carolyn and Starke Taylor Fund for Austin’s Army to fund and support a Sunday morning program that mainstreams special needs kids through trained helpers. (est. 2016)

Emergency Needs (1)

  1. Emergency Capital Fund to be used for emergency needs of the church. (est. 2006)

Lecture Series (3)

  1. McCormick Lectures to fund and sponsor an annual or bi-annual lay speaker who has the ability to enrich one’s personal and spiritual journey. (est. 1986)
  2. Owen Lenten Lectures to fund and sponsor an annual speaker during Holy Week. (est. 1981)
  3. Shipp Lectures to honor the first full-time pastor of LLUMC, Tom Shipp, with the purpose of bringing to the metroplex dynamic preachers who are on the cutting edge of ministry. (est. 2001)

Music and Visual Arts (3)

  1. Clarece Candamio Fund was established in recognition of the service and retirement of Clarece Candamio to establish a permanent endowment fund with the LLUMC Foundation for the enhancement of worship through music. (est. 2013)
  2. Eitzen-Jones Memorial Fund for the Visual Arts to be used for rotating art shows within the church. (est. 2007)
  3. Hughes Estate Fund available for music related expenses. (est. 1999)

Other (1)

  1. Montgomery Kenya Scholarship Fund for college students in Kenya. (est. 2017)

Guardianships (6)

  • Don Bearden Music Ministry Guardianship to be used to support the choir, contract professional instrumentalists and vocalists for seasonal concerts, maintenance and repair of the pipe organs and pianos, commissions for new choral compositions, benevolence scholarships for choristers, and conductors for special concerts, training events, retreats or camps. (est. 2012)
  • Hughes Trust to be used for musician scholarships and seasonal concerts. Permanently Restricted (est. 1999)
  • Hughes Maintenance Account. Temporarily Restricted (est. 1999)
  • Rays of Light Guardianship o be used to support special needs children and their families. (est. 2010)
  • Austin’s Army Guardianship to be used to fund the work of Austin’s Army during the first 3 years (2016-2018).
  • Deaf Ministry Guardianship