Immanuel Church-on-the-Hill established the Immanuel Church-on-the-Hill Trust Fund to encourage, receive and faithfully administer gifts as expressed by the donor and in keeping with the Canons of the Episcopal Church, the Diocese of Virginia and the policies of the Parish.

The Immanuel Church-on-the-Hill Trust Fund is composed three sub-funds:

1. The Endowment Fund is a “True Endowment” which hold funds in perpetuity. The annual spending policy permits distributions limited to 3 to 5 percent of a rolling twenty quarter average fund value to be used each year for maintenance of the Parish house, chapel, rectory and any other real property of the Parish, as well as for Parish ministries outside of the regular budget.
2. ​​The Callaway Memorial Fund is a “Quasi endowment.” The annual spending policy permits distributions each year from the corpus and 3 to 5 percent of a rolling twenty quarter average fund value, subject to any applicable donor restrictions, for general fund use by the Parish, for its building fund or for religious institutions in the Diocese of Virginia or the Episcopal Church.
3.  The Memorial Garden Fund is a “True Endowment” which holds funds in perpetuity. The annual spending policy permits 3 to 5 percent of a rolling twenty quarter average fund value to be used each year for the maintenance, enhancement and development of the existing memorial garden at the Zabriskie Parish.

 
A nine-member Board of Trustees, appointed by the Vestry for staggered terms of three years, oversees management of the invested funds and monitors distributions to ensure compliance with the Fund purpose, spending rules and distribution policies.