User Log On
Endowment

You are not a member of this group. Would you like to join it so that you can participate in it?

    • Who we are
      Mar 13, 2017
      Donors to the CBTS Endowment fund
      2005 to present Named donors
    • Endowment Fund

      Projects funded by the Endowment

      2020 Endowment grants total of 15,428.   Will be available October 1, 2020
      Thea Johanos Chair, Linda Cluney, Martha Staff Recorder, Monika Day. Kelly Holden

       

      2019 Endowment grants total of  $13,276.00
      Thea Johanos Chair, Mike May, Martha Staff, Monika Day. Mary Pat Ashby

      •  $500.00. Music and Worship and Youth. Funds for teacher salaries and dance supplies to create drama dances to embrace our time of transition and the call of a new pastor. Submitted by Pulelehua Quirk.
      • $2,000.00. Capital Improvements/Local Mission. Funds for a new garage door for Angel Network Charities.  Submitted by Jewell Tuitele
      • $1,000.00. Local Mission.  Funds for transcription services for the PlayBuilders of Hawaii Theater Company, collaborating with domestic abuse survivors on a community-based play tentatively titled the "Bursting Bubbles Project. Submitted by Terri Madden. 
      • $500.00. Music and Worship.  Funds for two Special Lodge Scholarships to the Calvary by the Sea retreat. Submitted by Kimberly S. Bock. 
      • $600.00 Music & Worship. Funds for handbell lights and music stands.  Submitted by Tom Poole.
      • $1,850. Local Mission.  Funds for furnishing one Homeless Respite Room in urban Honolulu.  Submitted by Jack Ashby. 
      • $1,926. Local Mission.  Funds to provide personal supplies to women as they are released from prison and to buy 30 ELCA prayer books for the prison library and for requested personal copies as part of the WCCC Total Life Recovery Chaplaincy Program.  Submitted by Ted Hsia. 
      • $1,200. Music & Worship/Education.  Funds for craft materials needed to make ribbon leis to be used during worship services.  Submitted by Pati Kickland.
      • $1,000. Local Mission. Funds to support YWCA RISE!  Job Support Program to empower women to achieve economic independence. Submitted by Susan Winklareth. 
      • $700.00. Music & Worship/Education.  Funds for two Sound Bath performances and an air purifier for Hale Aloha.  Submitted by Brenda Molina.
      • $2,000.00. Youth/Education. Funds for a Tuition Scholarship for Amanda Hutchison.  Submitted by Kristia Hutchinson.

       

    • Welcome

      Calvary by the Sea Endowment Fund 
      Approved by Council of Deacons on 4/15/04
      I. Purpose:
      To provide vehicles and structure for members who have the desire to benefit Calvary by the Sea Lutheran Church through charitable giving that is consistent with its mission of witnessing to the message of salvation through Jesus Christ on both a local and global level. The Calvary the by Sea Endowment Fund shall provide a perpetual source of income to benefit five current categories:
      - Missions: local, regional and world projects.
      - Education: training, retreats, college and seminary scholarships
      - Youth: support for youth of all ages
      - Worship and Music: support for the worship of Calvary by the Sea Lutheran Church
      - Capital Projects: major renovations and building of new facilities.

      II. Establishment and Operation of the Endowment Committee:
      The Endowment Committee shall consist of the Treasurer and 4 other members chosen by the Council of Deacons who shall serve for terms of 3 years and maybe re-elected to serve no more than consecutive 6 years. The Endowment Committee shall meet at least twice a year.  All actions taken by the Endowment Committee must be agreed to by a majority of the members In the event of a vacancy on the Endowment Committee prior to the expiration of a member’s term, the Council of Deacons shall fill the vacancy.
      III.  Duties of the Endowment Committee:
      The Endowment Committee is authorized to take the following actions:
      - To determine, implement and review procedures and policies for soliciting, processing and disbursing grant requests in accordance with the requirements and guidelines of the Endowment Fund.
      - To educate the congregation about the Fund.
      - To adopt and implement strategies that promote giving to the Fund.
      - To report to the congregation, at least annually, the balance of the Fund, the year s financial activity in the Fund, the amounts and beneficiaries of grants from the Fund.
      - To implement guidelines for acceptance of gifts.
      - To undertake any other related matters delegated to the Endowment Committee by the Council of Deacons or the membership.
      IV.  Distributions from the Endowment Fund:
      Annually, the Endowment Committee shall recommend to the Council and the Council shall decide the distributions to be made from the Endowment Fund.  The aggregate distribution each year shall be up to 4.5% of the current value of the total Endowment Fund without regard to the character of such funds as income, principal, dividends, realized and unrealized gains.  Distributions may be used for major projects of Calvary by the Sea Lutheran Church.  These projects may be part of the normal operating budget or outside of its scope.  There is no obligation to make distributions from the Endowment Fund in any given year.
      V. Investment of the Endowment Fund:
      It is recommended that the endowment be invested in the ELCA Endowment Fund Pooled Trust Fund A, administered by the ELCA Foundation with the ELCA Board of Pensions acting as investment advisor.
      VI.  Changes or modifications to the Endowment Fund policy & procedures are recommended by the Endowment Committee for approval by the Council of Deacons.