A richly blessed history
Building upon the generous gifts of the Naylor sisters in the 1930s and the McWhirter family in the 1970s, Central Presbyterian Church in 1980 established a foundation to help with future expenses. These families had the foresight to know Central would benefit from a significant endowment that has grown over the years to over $2 million today.
Benefits of your gift
In 1979, Central members discussed formalizing an endowment fund to enrich Central’s future. They envisioned a permanent fund that would help future members maintain the usefulness and beauty of Central’s building, furnishings and grounds.
In 1980, the Central Foundation was created to focus on the building, furnishings and grounds. Yet, gift opportunities exist to enhance other aspects of Central’s programs and ministry today.
Established to provide members and friends an opportunity to permanently contribute to the ongoing ministries of the church through financial support for programs and projects that are beyond the regular resources of the church.
A portion of the permanent endowment provides funds to meet special or non-recurring needs of the church concerning the ministries of facilities, music, outreach and Christian education.
Credits all undesignated gifts to the capital improvements endowment. Gifts may be designated for other special projects and programs.
Utilizes professional asset management to maximize the safety, growth and earnings of its portfolio.
Is strengthened with gifts both large and small, that when pooled together, can create lasting value that far exceeds the sum of the individual gifts.
Examples of how your gifts have been used
Facilities – building renovation, capital improvements and redecorating.
Music – providing organ maintenance, choir robes, concerts and musical instruments.
Outreach – enhancing evangelism, mission trips and Presbyterian Church (U.S.A.) General Assembly mission.
Christian Education – assisting those interested in church vocations, providing stimulating speakers and supporting youth and adult classes.
Your gift to the Foundation can be continuing, as the Foundation generally spends only investment income, not principal.
Your gift to the Foundation will be continuing, as the Foundation cannot spend principal. This is an enduring and renewing legacy to Central’s ministry in the future.
Ways to give to the Foundation
Aided by the counsel of your financial and legal advisors, please consider making a lifetime or estate gift to the Foundation of cash, securities, real estate, unique personal property items, life insurance, a charitable gift annuity or a charitable remainder trust.
A Foundation gift is deductible as a charitable gift for income tax and estate tax purposes, allowing you to receive favorable income tax treatment now from appreciated assets while making Central stronger for future generations.
Gifts to the Foundation are different from your annual pledge which funds salaries, utilities and day-to-day expenses to keep Central’s doors open.
Gifts to the Foundation are different from your periodic gifts to Central’s memorial fund. When friends and family of a deceased loved one make gifts in memory, the Session oversees the use of these memorial gifts and the entire gift may be spent. They do not become part of the Foundation’s endowment fund.
Questions? Contact John L. Fisher (515-274-2798) or Rev. Wallace W. Bubar (515-279-3658) about contributing to the Central Presbyterian Church legacy.