Mennofonds
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 |
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Date Published | 1957 |
Cite This Article
MLA style
Zijpp, Nanne van der. "Mennofonds." Global Anabaptist Mennonite Encyclopedia Online. 1957. Web. 20 Aug 2024. https://gameo.org/index.php?title=Mennofonds&oldid=108855.
APA style
Zijpp, Nanne van der. (1957). Mennofonds. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 20 August 2024, from https://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.
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