Endowment Fund Committee Report

St. Peter’s Endowment fund has done well for 2007

Beginning Balance	$241,668.39
Ending Balance	$258,755.98
Net Increase	$17,087.59

The endowment fund principle is held in trust and the interest generated is used to support the Church and help with special projects. We must remember that in order to continue to help St. Peter’s the fund must grow. This can be accomplished through memorials and planned giving to the Endowment Fund. Any such memorials should clearly designated for the Endowment Fund.

Submitted by John Jones – Senior Warden