Endowment plays a critical role in allowing Montreat Conference Center to fulfill our mission and ensure long-term financial stability.
An endowment fund can be compared to a long-term investment or savings plan. It is a “permanent” fund in which the principal is invested and a portion of the earnings are used for a specific purpose. A strong endowment ensures our long-term strength and stability because the funds help to support dynamic programming, a diverse community of conference leaders and participants, and the operating costs that come with maintaining and improving facilities.
While endowments are established through sizable initial gifts, they may grow through smaller, ongoing gifts from other supporters.
Montreat Endowment Facts
- Consists of 70 different restricted and unrestricted funds and is valued at $15,141,538 (as of April 30, 2018).
- Donors who have made a current or deferred gift of $10,000 or more to our endowment become members of the Firefly Society. Learn more about the Firefly Society.