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- Cash Gifts
- Marketable securities
- Real estate
- Bequests made in your will or
- estate plan
- Life insurance policy
- assignment
- Charitable Trusts
- And many others
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Endowment Committee
Chris Moore, Chair
Chris Loseth, Finance Elder
John Ehrenreich
Don Poe
Pam Moore
Bob Harder
Dixie Ehrenreich
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The Endowment Fund provides income in perpetuity
for the mission and ministries
of our church. It is a permanent fund, the principle is invested, and only the income
generated from interest will be spent each year, according to guidelines established
by the Endowment Committee and Session. The Fund is established to supplement
and enhance, not substitute for, our regular tithes and offerings.
Session and the
Committee will manage the Funds as a commingled annuity income fund. This
means that the Fund
shall pay the same percentage of earned
income (usually 6
percent) each year
to the various SubFunds to be used
by various ministries. The
Endowment Committee uses gift acceptance and
investment decisions consistent
with the social witness principles adopted by
the General Assembly, PCUSA.
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When you make a gift now to the Endowment
Fund, you may designate
your gift to one or
more of the established SubFunds important to
you. Other SubFunds will be added as interest
dictates and Session approves.
- BUILDING AND CAPITAL FUND
supports our four buildings, repairs,
parking lots, and replacement costs
for big ticket items like furnaces,
roofs, organs, windows, kitchen
equipment
supports day to day church expenses
including salaries, insurance,
benefits, utilities, supplies
- MISSION FUND supports mission
efforts near and far including
overseas ministry and travel
- DEACONS’ FUND supports youth
scholarships
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First
Presbyterian Church has been located in Clarkston, Washington since
1897, serving children and adults with love and a passion for worship
and Christian education. We feel connected to those pioneers
of
110 years ago, who had the vision in a time of great depression and
impending war, to prepare for their future and our present. They built
buildings, bought furnishings, contributed to missions, and paid
salaries inlean times and in fat times. God has been generous to us,
too, as He was to those who preceded us. By establishing this
Endowment, we acknowledge our connection and debt to Him and to
them. Our requirement now is to give a useful legacy to those
who
come after us. This is a natural next step in the evolution of
responsibility to our Christian community.
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