The First Congregational Church Foundation, Inc. is a ministry of First Congregational UCC with the mission of developing long-term financial support for the church.
All members are urged to consider a gift to the Foundation. Assets are managed by the Foundation Directors in accord with the needs of the church, directions of donors, and the biblical values of justice, compassion, and stewardship. As the Foundation's endowment grows, so does the amount the Foundation Directors can disburse to the church each year to supplement and enhance our annual church budget. The Foundation is a vital part of the financial health of the church. By necessity, churches all over the country must rely more and more on the support of well-managed, long-term assets. First Congregational United Church of Christ is no different. Foundation allocations have been used in a variety of ways, including improvements and maintenance of our church building, annual college scholarship for our youth, music program enhancements, and most recently, a $300,000 donation towards the addition to our building. All of this is possible because of you, our members. |
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THE GIFT THAT ENDURES
The Foundation provides a way for members and friends of First Congregational United Church of Christ to make a gift or bequest of lasting value and enduring benefit to supplement and enhance the ongoing work of the church.
HOW YOU CAN PARTICIPATE
The Foundation offers ample flexibility in the making of gifts, either as bequests, memorials, or direct gifts.
BEQUESTS - The Foundation may be listed as a beneficiary in a life insurance policy; or for money or property in a will. Given the economic uncertainties of the world today, the Foundation Directors recommends that the provision in a will of larger monetary gifts be in terms of a percentage of the estate rather than a fixed sum.
MEMORIALS - Bereaved families often welcome suggestions for appropriate memorials to a loved one. The Foundation is prepared to serve as the vehicle for establishing such lasting tributes.
DIRECT GIFTS - There are times when people wish to express their gratitude for special blessings: occasions such as births, wedding anniversaries, recovery from illness or injury, or for other personal reasons. The Foundation welcomes gifts of this kind.
SOME BASIC FACTS
The Foundation provides careful oversight for all extra-budgetary funds received by the church and arranges for their investment or other use in a manner consistent with the church's continuing mission.
Foundation funds may be used immediately or deferred for later use, according to the wishes of the donor. Gifts to the Foundation can be designated for a specific purpose, or they may be given without designation. The income of such funds is made available to the Church Board for the support and maintenance of the church or for special needs. The principal of unrestricted funds may be spent only by approval of a two-thirds vote of the Foundation Directors. Total assets as of March 31, 2011 = $754,051.36.
The Foundation is a tax-exempt Oregon non-profit corporation. Gifts are tax deductible.
FOR FURTHER INFORMATION
Anyone may inquire of the Minister, a Foundation Director member, or the Church office for more detailed information. Requests are held in confidence and entail no obligation whatever.
Foundation 7 Elected Directors:
Tracy Lampman, President, 2012
David Pompel, Vice-President, 2011
Tom Dyke, Secretary, 2012
Brad Fenstermacher, 2012
Rick Mowday, 2013
Bill Service, 2011
Laurie Swanson-Gribskov, 2011
2 Appointed Directors:
Greg Flint, Senior Minister
Micki Shirey, Church Board Moderator
Supporting non-voting members:
Michelle Service, Bookkeeper
Susan Kauble, Financial Advisor
Foundation Directors Meetings
All meetings listed are on the 4th Wednesday of the month following the end of the quarter at
12:00/noon in the church Library.
April 27, 2011
July 27, 2011
October 26, 2011