The Mayflower Church Foundation is a nonprofit corporation established in 1961 to extend the life and work of Mayflower Church. The Foundation both solicits and receives gifts and makes grants from net earnings on the endowment. A board of directors elected by the Mayflower Church congregation governs the Foundation.
Gifts and bequests made to the Foundation are placed in an endowment fund, with the principal invested to generate income and not used for distribution. A copy of the current investment guidelines is available in the Mayflower Church office.
The Foundation endowment includes the John and Ada Barker Scholarship fund, established in 1996 to provide scholarships to students of Minneapolis Public Schools with demonstrated ability and need. It also includes the Drake Scholarship fund, established in 2005 to provide scholarships to students attending United Theological Seminary.
Gifts are made in memory or honor of loved ones, by those seeking to add to the financial resources available for the church’s programming, and by bequests made at the time of death. While gifts are usually made for benevolent reasons, there also may be favorable tax consequences. All contributions to the Foundation are tax deductible under current tax laws. The Foundation accepts cash, publicly traded stocks and real estate. See the “More Information” area to the right.
Grant requests should indicate how the project or activity furthers the life and work of Mayflower Church as set forth in its mission and vision statements. Download guidelines and application in the area to the right.
106 E Diamond Lake Rd Minneapolis, MN 55419
(612) 824-0761 firstname.lastname@example.org
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