What are the goals of the Endowment Fund?
To spend income, preserve principal, and protect against inflation. Over time, the endowment’s return has been about 7-8%. It provides indispensable support to Westminster’s annual and long-term budgets. The annual operating budget receives about 16% of its support from endowment income, and the capital budget, for ongoing building maintenance, receives 100% of its support from the endowment.
