Sunday Worship 8 a.m. & 10:30 a.m. · Details

  401 E. 4th St., Greenville, NC 27858  ·   (252) 752-3482  ·       Give

St. Paul's Episcopal Church
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Endowment

St. Paul’s Endowment is made up of two separate endowment funds, the Legacy Fund and the Huber Fund. The chart below outlines the structure and purpose of these funds within St. Paul’s Endowment:

Understanding St. Paul's Endowment

St. Paul’s Endowment was originally established in 1947 from a bequest of $500 from Addie Smith Cox. The Vestry elected to designate this as a quasi-endowment fund to grow and benefit St. Paul’s over the long term. The fund has grown through investment earnings and additional contributions over the years and was known as the Endowment Fund, later renamed the Samaritan Fund and most recently renamed the Legacy Fund in 2006. Until 2015, this was the only fund in St. Paul’s Endowment.

The Legacy Fund still exists today as a Vestry designated quasi-endowment fund. Distributions from the Legacy Fund are to be used for capital improvements, outreach ministries and grants, seed money for new ministries and special one-time projects. This Fund may also distribute more than the spending policy in certain emergency circumstances. It is not the purpose of the Legacy Fund to support the annual operation budget of St. Paul’s which is funded through contributions to the Annual Commitment Campaign. Click here to learn more about the Annual Commitment Campaign or to make a pledge.

In 2015, St. Paul’s received a generous bequest from the estate of Cathee Jean Huber which established another endowed fund within St. Paul’s Endowment, known as the Huber Fund. In accordance with the wishes of Cathee Huber, this fund supports the adult choir of St. Paul’s and is a true or permanent endowment.

Since 2015, St. Paul’s Endowment has consisted of these two funds and distributes around $37,000 in total each year for the purposes of the two funds.

In 2020, the Legacy Board and Vestry adopted new endowment governance documents and policies to update St. Paul’s endowment management practices based on guidance from the Episcopal Church Foundation. As part of this update, the Legacy Board was renamed the St. Paul’s Endowment & Investment Committee, which now oversees all endowment funds of St. Paul’s (currently the Legacy and Huber Funds).

St. Paul’s Endowment is invested through the Episcopal Foundation of the Diocese of East Carolina and are ultimately managed by Oak Harbor Wealth Partners in Raleigh, NC. The funds are invested in diversified portfolios to achieve long-term real growth after expenses and distributions while avoiding excessive risk.


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St. Paul's Endowment & Investment Committee

  • William Monk, Chair
  • Tommy Stoughton
  • Leigh Cellucci
  • David Womack
  • Cordell Avery, Emeritus
  • Andrew Cannan, ex-officio, Rector
  • Jim Moye, ex-officio, Senior Warden
  • Brian Jowers, ex-officio, Treasurer

Endowment Report

2021 Annual Report

Other Financial Documents

  • 2021 Audit Report
  • Pledging History
  • Financials 2021 - 2022
  • Treasurer's Report - 2021
  • ACC Rector Letter 2022
  • Answering the Call to Serve

Newsletter

Weekly Services

Sundays - 8 a.m. - Holy Eucharist
Sundays - 10:30 a.m. - Holy Eucharist
Wednesdays - 5:30 p.m. - Holy Eucharist


St. Paul's Episcopal Church
401 E. 4th St.
Greenville, NC 27858
(252) 752-3482 • Contact Us


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Service Times

In Person Worship

Sundays

  • 8 a.m. Holy Eucharist. No musical accompaniment.
  • 10:30 a.m. Holy Eucharist. Choir accompaniment. Godly Play for age 3 through grade 5 is held during this service.

Wednesday Evenings

  • 5:30 p.m. Holy Eucharist, in the chapel. No musical accompaniment.

Live Stream

10:30 a.m. Holy Eucharist streamed live on our website, Facebook, and YouTube. Be further assured that, wherever you may be, God will be present with all of us, continuing to gather us as the community we have been called to in St. Paul’s.


Location

St. Paul's Episcopal Church
401 E. 4th St.
Greenville, NC 27858

Contact Us
(252) 752-3482

Newsletter Signup

Stream Worship Service

Click here to stream our service beginning at 10:30 a.m.

Welcome Life Events/Sacraments Our Leadership The Episcopal Church

Whoever you are, wherever you are on your spiritual journey, and whatever else it is that you seek in a Church community, it is our sincere hope that you find God’s gracious welcome with us at St. Paul’s. In so many ways, we do not all look alike, think alike, or even act alike here. But in one thing we are certain that we are all the same: God graciously welcomes us all.

A Word of Welcome Visitor Card Parking What to Expect

In the Episcopal Church we acknowledge that God is present in every occasion of our lives. Some of these we mark together with special celebrations of worship to highlight the ways in which God is always at work throughout the events of our lives. As Episcopalians, we believe that these observations reveal God's grace to us in new ways.

Baptism Confirmation & Reception Marriage Burial

As Episcopalians, we believe that all baptized people are called to minister in the Church. Everyone has a different role. Our clergy serve as the spiritual leaders of our congregation, our staff is responsible for overseeing our program ministries and day-to-day responsibilities, and our vestry is responsible for parish decision-making.

Meet Our Leadership

We as Episcopalians believe in a loving, liberating, and life-giving God: Father, Son, and Holy Spirit. St. Paul's is part of the Episcopal Church, a church that is both rich with ancient tradition and relevant to life in the 21st century. We believe that God loves you - no exceptions.

We believe in following the teachings of Jesus Christ, whose life, death, and resurrection saved the whole world.

Our parish's motto is this: "To Know Christ and to Make Him Known."

The Episcopal Church Diversity & Inclusion

Give Online Why Give Annual Commitment

"Each of you must give as you have made up your mind, not reluctantly or under compulsion, for God loves a cheerful giver. And God is able to provide you with every blessing in abundance, so that by always having enough of everything, you may share abundantly in every good work."

- 2 Corinthians 9:7-8

Give Now

As Christians, we acknowledge that what God has generously offered us is nothing short of life through Jesus Christ. Participating in that life means learning to generously offer our lives. Each time we gather we are presented with the opportunity to support others in recognition of God’s offerings. This support takes shape in many forms with financial gifts being the backbone that builds our church community and generates opportunities to offer our lives in our parish. All are encouraged to participate in giving money for the ministries of our parish as a sign of our share in God’s work among us and through us.

Learn More

Annual commitments pledged to St. Paul’s support our operating budget, which directly supports worship, formation, community and global outreach, building and grounds, staff and other programs. Annual commitments are crucial to the work of St. Paul’s. We strive to maintain a balanced budget each year, with every dollar accounted for and put to good use in the people, places and plans of our parish.

Annual Commitment