Leave a Legacy
Dr. Wayne Allen
“Theresa and I are honored to have our name attached to the endowment. The endowment can become a vehicle through which followers of Christ can become faithful stewards long after they have entered into their eternal reward.”
The Wayne and Theresa Allen Endowment Fund provides a special means by which members and friends of First Baptist Carrollton may leave a legacy that will continue to glorify God both now and into the future. Through the Endowment Fund, individuals and families can make charitable contributions to the Church – from their current assets or though deferred gifts – that will be used to further the missions and ministries of the Church far beyond each donor’s lifetime.
Here’s how it works: Stated quite simply, an endowment fund is a way to ensure that your gift provides revenue for your desired charitable purpose for years to come. Unlike gifts made to the Church’s designated accounts, gifts made to the Endowment Fund are not spent, but are invested. The Financial Stewardship Committee (the members of which are elected by the Church) then makes available a portion of the earnings from the Endowment Fund to be used for the charitable purpose. The remaining portion of the earnings remains in the Endowment Fund and continues to increase the fund’s value. Over time, the amount of money available for the charitable purpose that you named will far exceed the value of your original gift. Your gift will continue to have an impact in the ministries of the Church for generations.
Established on March 4, 2007, the Endowment Fund was named in honor of Dr. and Mrs. Allen. Dr. Allen served as the pastor of First Baptist Carrollton for 34 years from 1965 to 1999. Dr. Allen frequently preached about the responsibility of Christians to support the ministries of the Church through financial gifts. He faithfully taught the Word of God and never shied away from teaching biblical mandates for generously giving from all of the resources God bestows upon His children.
Have questions or want to make a gift?