Goals in Summary:
VMMissions is raising $3 million to pursue our vision of A Church of Many Cultures
- $2.5M for new ministries:
- Business for Transformation:
- $1M endowment
- $250,000 for immediate program needs over five years
- Global Church Planting:
- $1M endowment
- $250,000 for immediate program needs over five years
- Business for Transformation:
- $400,000 to create a Mission Training Center
- $100,000 for campaign costs
$3M Total (pledges payable over 5 years)
Sustainable Support Through Endowments
- $1M for Business for Transformation
- Loans for new businesses; repayment enables revolving loan fund
- Program staffing, business training, other support
- $1M for Global Church Planting
- Start-up grants for church plants that have a vision to become sustainable and to multiply
- Assessment and training for new church planters and grants to support short-term teams
- How our endowments work
- Funds are placed in socially responsible investments.
- Each endowment will produce $50,000 in annual support for ministry. A 5% spending cap lets the principal grow.
- Principal released from restrictions after 20 years.
Direct Program Support 5 Years — $500,000 total
Immediate support from campaign gifts for B4T and Church Planting supplements growing endowment income over a 5-year period.
Business for Transformation — $250,000 for immediate program needs over five years
Global Church Planting — $250,000 for immediate program needs over five years