The Endowment Fund of the
Michigan Council on Alcohol Problems (MICAP)
The endowment program of the Michigan
Council on Alcohol Problems was created on May 5, 2000.
The program was established to create a perpetual fund
to assist in fulfilling the mission of MICAP.
In this brochure we provide a brief
overview of the opportunities for giving, over and above
regular gifts to MICAP, and the resulting benefits.
Endowment funds are administered by the
West Michigan Foundation of the United Methodist Church
with local administration the responsibility of a three
The Committee meets at least twice
annually, and other times as necessary, to administer
funds in accordance with both the endowment policy and
donor wishes. Committee members serve three-year terms
and work confidentially and inconspicuously in the
conduct of their duties.
To maintain the integrity of the General
Endowment Fund, 15% of the income earned annually is
reinvested in the fund with the remaining income used
for MICAP projects.
In the case of designated funds, the
amount reinvested depends on the wishes of the donor.
A gift to the Endowment Fund of the
Michigan Council on Alcohol Problems represents a
lasting statement about a donor and his or her values in
perpetuating the mission of MICAP.
Contributions to the fund are subject to
Committee review and acceptance. This gives donors the
knowledge that their gifts are administered in
accordance with their wishes and Christian beliefs.
Contributions may be gifts or bequests of:
$ Certificates of Deposit
$ Real Estate
$ Life Insurance
$ Personal Property
The Michigan Council on Alcohol Problems
is an IRC 501(c)(3) charitable organization and all
gifts are tax deductible.
Consider making a lasting gift that will
extend your influences and make a statement of your
faith. This occurs with your gift or bequest to the
Endowment Fund of the Michigan Council on Alcohol
As part of its 100th
anniversary celebration in 2005, MICAP produced a
30-minute DVD that traces alcohol problems from Biblical
times to the 21st Century, documenting the
role the Michigan Council on Alcohol Problems has played
in addressing these issues through the years and the
unique challenges we face in the New Millennium. All of
those interested in investing in the MICAP Endowment
Fund will want to see this film. Drop us a line or give
us a call to make arrangements for your personal