Jay Kennedy Memorial Scholarships
Eligible Vancouver Church or King’s Way students pursuing the ministry or who have a strong commitment to Christian service in other vocations should be sure to apply for the scholarship!
The "Kings Way High School" Scholarship
Awarded to Kings Way Christian School seniors and/or graduates who have shown high academic promise, financial need, and have determined that they will pursue a ministerial education in college and beyond as their lifetime vocation.
The "Vancouver Church" Scholarship
Awarded to any regular attender of any Church of God (Anderson, IN) church and who has shown academic promise, financial need, and determined that they will pursue a ministerial education in college and beyond as their lifetime vocation.
The "Continuing Education" Scholarship
Awarded to a student with connections to Vancouver Church who is currently attending college with the goal of a degree involving ministry closely aligned with the Church of God Movement.
The "Lifetime Commitment" Scholarship
Awarded to graduates of King’s Way High School or students who attended Vancouver Church who may not pursue a ministerial vocation but has a strong commitment to Christian Ministry in whatever vocation they may pursue.
Applications can be submitted through Friday, May 31, 2024.
The Foundation Board also needs volunteers to help score scholarship applications. If you are interested in participating in this highly rewarding process, contact FoundationBoard@vchurch.org
A Special Purpose
If you attend our church, you’re already a member of the Foundation, and you can support the Foundation’s purpose. This purpose is to maintain an endowment fund that will continually be used for complementing and enhancing the church’s ministries, activities and properties.
Funds and Usage
The Foundation’s principal funds come from monetary and non-monetary gifts our members (like you) provide, such as cash, stocks, bonds and real estate. Gifts to the Foundation are tax deductible and may enhance the value of your estate. The establishment of a trust to benefit the Foundation may also be a prudent step in your own income or estate tax planning.
It’s important to note that only the annual income generated from the principal is used to honor requests for specific projects and needs. The endowment funds will not be used for the church’s annual operating costs, and none of the principal will be spent unless an emergency threatens the church’s existence. Together these guidelines ensure that the endowment will provide lasting support. You can be certain any gift you give will be a continual blessing and affect many lives around the world.
Funds Example
Here’s an example:
If a $10,000 gift to the Foundation is invested at eight percent annually, the gift will yield $800 per year. After 20 years, the gift will have provided $16,000 to the endowment fund, and the original $10,000 will still be intact to provide for future needs. In contrast, the same amount given directly to the church for immediate use, would have shorter-lived benefits.