Foundation Fund—the Story Continues

NOW...You Can Make a Gift That Keeps on Giving

The Fund of The First Presbyterian Church Sun City Makes This Possible

This was the headline for the brochure introducing the Fund – which was formally established in 1980. And of course, a committee was also formed to administer and promote the Fund.The dedicated members of the Fund Committee carefully monitored and managed the Fund.

“In the early years the Committee invested in U.S. Government Bonds, maintaining a pattern of balanced maturities which would provide the greatest income.” By the early 1990’s the investment strategy had been broadened to include both income and growth. “The Fund has grown also because most of the income from investments has been saved and added to the Fund so that more would be available for future needs.”

The $25,000 seed funds and a variety of additional gifts increased the Fund to over $275,000 by 1994.

It wasn’t just careful stewardship and the focus on growth that accounts for the increase - Committee members worked tirelessly to get the word out.

“A permanent fund that can be drawn on for special needs and purposes will greatly strengthen the total Ministry of our church. It can also serve as an extension and a vehicle for the donor’s own Christian influence.”

The primary source of the Fund’s growth is Bequests and Wills. In addition, there have been many types of gifts to the Fund. One example is the couple who celebrated their 60th wedding anniversary with a $100 gift. There have also been memorial gifts like the gift of common stock given in memory of Mr. and Mrs. Paul Calhoun, Sr., parents of pastor emeritus Dr. Paul Calhoun.

The Fund Committee continues to promote giving opportunities to assure the future ministry of First Presbyterian Church of Sun City – from recently updating a brochure listing the many ways to contribute, to making recommendations to the Session.

To be continued.