ST MICHAELS ENDOWMENT TRUST FUND
2499 N WESTMORELAND DRIVE, ORLANDO, FL 32804 www.stmichaelschurch.com

Total Revenue
$59,544
Total Expenses
$1,572
Net Assets
$586,120

Organizations Filed Purposes: TO PROVIDE SUPPORT TO ST. MICHAEL'S EPISCOPAL CHURCH, INC. (A NOT-FOR-PROFIT ORGANIZATION) FROM INVESTMENT INCOME FROM INVESTED FUNDS.

TO PROVIDE SUPPORT TO ST. MICHAEL'S EPISCOPAL CHURCH.

THE ST. MICHAEL'S ENDOWMENT TRUST FUND WAS FORMED FOR THE SOLE PURPOSE OF RECEIVING, MANAGING AND INVESTING FUNDS SOLELY FOR THE BENEFIT OF ST. MICHAEL'S EPISCOPAL CHURCH, INC. (A NOT FOR PROFIT ORGANIZATION). IN ACCORDANCE WITH THE POLICY ESTABLISHED BY THE VESTRY OF THE CHURCH, DONATIONS TO THE TRUST FUND ARE TO BE MANAGED BY THE PLANNED GIVING COMMITTEE. THE TRUST FUND IS REQUIRED TO DISBURSE THE NET INCOME IN ANNUAL INSTALLMENTS TO ST. MICHAEL'S EPISOCPAL CHURCH, INC. THE FUNDS ARE TO BE USED BY THE CHURCH IN THE FOLLOWING MANNER: ONE-FOURTH TO BE USED FOR SCHOLARSHIPS OR GRANTS TO MEMBERS OF THE CHURCH FOR THE PURPOSE OF ATTENDING SEMINARY, CHURCH-RELATED CAMPING OR LEADERSHIP CONFERENCES, OR SUCH OTHER TRAINING WHICH WOULD ENABLE MEMBERS OF THE CONGREGATION TO GROW IN CHRISTIAN FAITH AND SERVICE TO GOD'S PEOPLE. ONE-FOURTH TO BE USED FOR CAPITAL IMPROVEMENTS TO REAL PROPERTY OWNED BY THE CHURCH. DISTRIBTUTIONS FOR CAPITAL IMPROVEMENTS SHALL NOT BE UTILIZED TO FUND A PORTION OF A FUND-RAISING PROGRAM TO BUILD ANY BUILDINGS OCCUPIED OR TO BE OCCUPIED BY THE CHURCH OR TO PAY PRINCIPAL AND INTEREST FOR ANY DEBT OWED BY THE CHURCH. ONE-FOURTH TO BE FOR OUTREACH COMMUNITY, INCLUDING, BUT NOT LIMITED TO, SOCIAL SERVICE AGENCIES TO WHICH THIS PARISH RELATES, OR TO SPECIAL PROGRAMS DESIGNED FOR THOSE PERSONS IN THE ORLANDO AREA WHO ARE IN SPIRITUAL AND/OR ECONOMIC NEED. ONE-FOURTH TO BE USED FOR PROJECTS OR THE DIOCESES OF CENTRAL FLORIDA, THE DIOCESE OF HONDURAS, THE DOMESTIC AND FOREIGN MISSIONARY SOCIETY, SCHOOLS, COLLEGES AND SEMINARIES, RETIREMENT FACILITIES, AND OTHER SPECIAL MINISTRIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Toni JenningsMEMBER2$0
Craig MaughanMEMBER2$0
Todd PottingerMEMBER2$0
Erick JamesMEMBER2$0
Fr Rick LuoniMEMBER/RECTOR2$0
Thomas CookCHAIRPERSON4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002979349301000_public.xml