Mennofonds

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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.

Bibliography

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
Date Published 1957

Cite This Article

MLA style

Zijpp, Nanne van der. "Mennofonds." Global Anabaptist Mennonite Encyclopedia Online. 1957. Web. 22 Nov 2024. https://gameo.org/index.php?title=Mennofonds&oldid=108855.

APA style

Zijpp, Nanne van der. (1957). Mennofonds. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 22 November 2024, from https://gameo.org/index.php?title=Mennofonds&oldid=108855.



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Adapted by permission of Herald Press, Harrisonburg, Virginia, from Mennonite Encyclopedia, Vol. 3, p. 585. All rights reserved.


©1996-2024 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.

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