FPC Foundation – WHO WE SERVE

The Foundation serves ALL the membership of First Presbyterian Church. Because the membership of the Foundation is THE SAME AS the membership of FPC, the goals and purposes of the two are uniquely matched in three key areas:

Spiritual Needs
Educational Needs
Charitable Needs

WHY WE SERVE:

The Foundation also serves to protect and ensure the FUTURE of FPC – especially in the unique areas of spirituality, education and charity.

Together our missions are matched; our purposes are complementary.

The Foundation helps the congregation:

Plan for its future
Provide funds for the growth of the Church
Provide funds for projects
Provide assurance that FPC’s mission can be carried forward for future generations.

HOW WE SERVE:

The Foundation serves FPC through a GRANT program.

At the beginning of each calendar year, a specific amount of funds – from the Foundation’s general account – are allocated for grant spending. The amount allocated for spending is determined utilizing the YALE formula (a combination of quarterly account balance averages, a 4% payout-multiple, weighted allocations, and a consumer price index factor).

Any member of the congregation is encouraged to work through or with an FPC committee to identify a project or need and complete a formal, written grant APPLICATION FORM ***.

All grant applications are initially vetted through FPC Session to help determine the appropriateness and timing of the project or need.

If favorably reviewed by the FPC session, the grant application is then forwarded to the Foundation Board of Directors for official review and action. If approved, the grant application is forwarded to the Foundation Treasurer for funding authorization. For a complete copy of the grant request process, please click on the appropriate link at the bottom of this page.

DID YOU KNOW ????