endowment?

Discussion in 'General Freemasonry Discussion' started by tomasball, Aug 25, 2010.

  1. tomasball

    tomasball Premium Member

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    Has anyone heard any predictions about whether the endowment fund will pay out anything this time?
     
  2. Dave in Waco

    Dave in Waco Premium Member

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    I doubt it. According to my DDGM, it won't. The interest rates are too low.
     
  3. owls84

    owls84 Moderator Premium Member

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    I have heard the same. In order for it to pay out it has to be over $100 a share. Every month you secretary gets a list showing your endowed members and how much it is a "unit" for every $100 put in you are able to purchase a unit. So if your Lodge endowment is $500 then you will purchase 5 units of endowment.
     

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