Yearly Archives: 2022

endowments church nonprofit fund management California

Endowments

Endowments are money or property given to a church with the understanding that the principal stays invested rather than being spent, while the investment earnings support the church’s programs or operations over time. That basic idea is simple. What trips churches up is that endowments aren’t just a financial arrangement — they’re a legal one, governed by a specific California statute that limits how and when the church can actually spend the money. The Law Behind Endowments: California’s UPMIFA California governs institutional endowments through the Uniform Prudent Management of Institutional […]

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California church building facing eminent domain proceedings

Eminent Domain: 5 Things Churches Must Know

Eminent domain gives the government the power to take private property for public use — and church property isn’t exempt. Here’s how just compensation is calculated, why churches are especially hard to appraise, and what to do if your church is approached.

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