Endowment Fund -

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.

The Funds are administered by THE UNITED METHODIST FOUNDATION in Michigan, an agency of the United Methodist Church, with local administration the responsibility of a three (3) member committee of the MICAP Board of Directors.

The Committee meets at least 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, at least 50% 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, at least in part, on the wishes of the donor.

A gift to the Endowment Fund of MICAP 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 beliefs.

The Michigan Council on Alcohol Problems is an IRS 501 (c) (3) charitable organization and all gifts are tax deductible in accordance with IRS regulations.

P.O. Box 10212
Lansing, MI 48901

TEL: (517) 999-0013

Email: info@micap.org