Endowment Fund

The Endowment Fund provides a firm foundation for Orange County Buddhist Church to meet its present and future financial needs.

The Endowment Fund's goal is to assist in fund development for Scholarships, Eitaikyo Fund (a perpetual fund for emergencies), Building Fund, and for other purposes as the need arises, including social welfare, ministers’ welfare, and assistance to ministerial candidates.

The Endowment Fund will also invest discretionary funds in long-term investment vehicles that will enhance the financial future of OCBC in its efforts to promote the teachings of Jodo Shinshu Buddhism.

An endowed gift is one that is given to provide income for OCBC and is normally invested and held in perpetuity to support vital programs.  A portion of its investment return is used to meet immediate needs and the remaining investment return is added to the principal to guard against inflation.

Previously, our sources of income have been limited to temple dues, Hanamatsuri and Obon Festival receipts and individual donations.  As our facility ages, the General Fund is tapped often for extraordinary expenses such as repairs to the roof, the parking lot and gym floor. 

If you are considering a gift to OCBC, please consider using the Endowment Fund as a vehicle to make your contribution of funds, trusts, cars, boats, stocks, property, or other assets to OCBC.  Incorporating a charitable component into your estate plan is one of the most effective ways to preserve a greater portion of your estate for your loved ones, while supporting OCBC.

Depending on the type of asset given, and the type of gift arrangements selected, it is possible for a donor to:

bullet

enjoy savings on Federal and State income taxes (including capital gains taxes) and even transfer taxes.  The income tax savings can be immediate.

bullet

receive income for life from the gift

bullet

direct your gift to an area of specific interest to you (i.e. scholarship, building etc.)

bullet

create a plan where you make the decisions, not the State of Federal laws.

If you have further questions about the Endowment Fund, please call the OCBC office at 714-827-9590 and a member of the Endowment Fund will contact you shortly to answer any questions you have.

bullet

Vehicle Donation Form

Calendar        Buddhist Education       Links
Japanese School        Groups
Contact Us           Map      
 Home