Foundation Giving Challenge
Recently, in a weekly First Press column, Dr. McLeod announced a $25,000 challenge from the FPC Foundation to the congregation which will provide financial support to CASA of Raleigh, a non-profit with a long history of addressing the challenge of affordable housing. He said this about the purpose of the Foundation – “As background, our Foundation is the result of the generosity of a great number of church members over the years, and it functions somewhat like an endowment, generating income that can be used to support mission efforts or capital projects here at the church. Many of us have named the Foundation in our estate planning, so that we can support the witness of the church for years to come.” Learn how you can join in the effort to reduce homelessness in Raleigh »
Gift to Union Presbyterian Seminary
At its May meeting, the Foundation Board approved a gift of $25,000 to Union Presbyterian Seminary, in memory of The Rev. Dr. Edwin W. Stock Jr. In acknowledging the gift, the Rev. Dr. Brian K. Blount, President of Union Seminary, said – “Naming a Lodging Suite in the Westminster Leadership Institute in memory of Dr. Edwin Stock, Jr. will bring me and so many in the Union family great joy. Dr. Stock greeted me so graciously upon my arrival as president of Union in 2007 and was of great assistance to me personally and institutionally throughout my tenure…..It is particularly fitting that someone who was the epitome of church leadership should be honored in our Leadership Institute.” In addition to honoring Dr. Stock, the Foundation’s gift pays the remaining balance of the FPC Mission Committee’s $30,000 commitment made in 2020, which was payable over six years, to help fund the renovation of Westminster Hall. Thus, the Foundation’s payment will allow Missions to reallocate the budgeted 2021 payment of $5,000 to other worthy community needs.
2021 Marks 30th Anniversary of the FPC Foundation
Over those 30 years, the Foundation has disbursed $1.4M in gifts, of which 80% went directly to FPC in support of capital and maintenance needs. Consider your legacy and how you might help with the long-term viability of the mission of the Foundation: To honor and support Christ’s kingdom by encouraging gifts, investing them responsibly, and sharing them in a manner that furthers His mission both now and forever.
For information on how you can support the Foundation through planned or immediate giving, contact the First Presbyterian Foundation foundation@fpcraleigh.org »
For more information on the history and works of the Foundation, visit the Foundation webpage www.fpcraleigh.org/foundation »
John Thomas