Endowment
Giving a gift that keeps on giving.
Have you ever wished you could
support VCPC and improve your financial security at the same time?
Discover more about the financial benefits of giving.
The Valley Community Presbyterian Church Endowment Fund is a way for members and friends of Valley to give a gift to the church that keeps on giving. The original amount of your gift is never spent while a portion of the income derived from investing your gift is used each year to provide funding for various future church needs and mission programs. Your gift may be designated for one or more of the twelve specific subfunds or may be undesignated, in which case 80% will be allocated to the general fund and 20% to the mission fund.
Thanks to the generosity of Valley members, the Valley Community Presbyterian Church Endowment Fund's net asset value on December 31, 2008 stands at $346,016.
During 2006, Session authorized the creation of a Supportive Ministries Fund (SMF) that is designed to accumulate funds to hire additional paid pastoral staff to support the growth of VCPC. The Endowment Committee is managing this fund. Gifts to this fund will be invested in the same investment vehicles as monies contributed to the Endowment Fund. The Endowment Committee has committed to contribute $5,000 per year to the SMF over a 3 year period. The SMF value at the end of 2009 stands at $94,859.
During the year 2009, total grants of $6,125 were provided to various organization and individuals. This brings the total dollar value of grants provided by your Endowment Fund to Approximately $174,962. Grant request guidelines reflect Valley's Mission Statement. Please use these guidelines when submitting a request.
Endowment gifts should be made out to "Valley Community Presbyterian Endowment Fund" or contact Brad Pleimling, Endowment Treasurer, with questions.
Current Endowment Committee Members:
Dick Sauter,
Chairman
Karla Parks
Brad Pleimling,
Treasurer
Mary Rom
Greg Rom, VCPC
Treasurer
Don Drapeau
Rev. Richard
Buller