Mennofonds, a fund established by the Algemene Doopsgezinde Sociëteit on 5 January 1920 for the purpose of borrowing money from congregations and individuals at a low interest rate and investing it at a higher rate to obtain means for raising the salaries of the ministers. This plan, though the planned amount of one and a half million guilders was not reached, was successful. Klaas Dekker Jzn, a deacon of Zaandam, had suggested the plan. The treasurers of the A.D.S. took charge of the fund. In 1947 the total borrowed amount was redeemed.
Doopsgezinde Jaarboekje (1921): 50-56.
Verslag (report) of the Algemene Doopsgezinde Sociëteit (1946-47): 18.
De Zondagsbode (19 December 1920).
|Author(s)||Nanne van der Zijpp|
Cite This Article
Zijpp, Nanne van der. "Mennofonds." Global Anabaptist Mennonite Encyclopedia Online. 1957. Web. 22 Oct 2017. http://gameo.org/index.php?title=Mennofonds&oldid=108855.
Zijpp, Nanne van der. (1957). Mennofonds. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 22 October 2017, from http://gameo.org/index.php?title=Mennofonds&oldid=108855.
Adapted by permission of Herald Press, Harrisonburg, Virginia, from Mennonite Encyclopedia, Vol. 3, p. 585. All rights reserved.
©1996-2017 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.