How is Methodist Childrens Home financed?
Methodist Children’s Home relies on the income from our permanent endowment to meet the needs of a $24 million annual budget. Established in the 1940s, the endowment is a trust for the children who will come to us in future generations. It has been built over the years by planned gifts that help to ensure the future of our ministry. All gifts made to this fund are invested, with only the income being used to care for children. We do not spend the principal of the endowment. The seven annual conferences of Texas and New Mexico are encouraged each year to take up “free will” offerings to support the Home. The most important of these offerings is collected during the Christmas season. Methodist Children’s Home receives no monies from church apportionments and does not contract for state or federal services. Less than two percent of our budget comes from family payments – we accept children regardless of their family’s ability to pay. The care we provide for children is made possible by th
Methodist Children’s Home relies on the income from our permanent endowment to meet the needs of a $24 million annual budget. Established in the 1940s, the endowment is a trust for the children who will come to us in future generations. It has been built over the years by planned gifts that help to ensure the future of our ministry. All gifts made to this fund are invested, with only the income being used to care for children. We do not spend the principal of the endowment. The seven annual conferences of Texas and New Mexico are encouraged each year to take up “free will” offerings to support the Home. The most important of these offerings is collected during the Christmas season. Methodist Children’s Home receives no monies from church apportionments and does not contract for state or federal services. Less than two percent of our budget comes from family payments – we accept children regardless of their family’s ability to pay. The care we provide for children is made possible by th
