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Presbytery of New Hope
Lonnie & Eva W. McGowan Memorial Fund of Hollywood PC | 102240100824
The work and worship of Hollywood PC and/or the planting, strengthening and development of small and rural Presbyterian churches within the bounds of New Hope Presbytery (PC U.S.A.) or its successor presbytery. [Income accumulating per Bene instruction dated 9/10/1998].
Fund DetailPresbytery of New Hope
Marvin and Elsie Evans Family Fund | 102240101259
to be used for tuition assistance to any person pursuing a graduate level program of study towards work in Christian education or ministry of word and sacrament at the graduate level in an institution accredited by the Association of Theological Schools, so long as this persons is a member of a small congregation (less than 250 members) within the jurisdiction of New Hope Presbytery or any successor Presbytery.
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DP Foust - Presbytery of New Hope Home Mission | 102262013136
To be used for Home Missionary work
Fund DetailPresbytery of New Hope
Presbyterian Point Permanent Endowment Fund | 102240101667
Reinvest the net income of the fund into the principal until the corpus of the Fund reaches $5,000.00, so that such reinvested income becomes principal. After the corpus of the Fund reaches $5,000.00, the Foundation shall pay the net Income therefrom quarterly, after the expiration of each calendar quarter to the Presbytery of the New Hope, Rocky Mount, North Carolina for the benefit of Presbyterian Point Camp, Clarksville, VA, for site development and capital improvements.Should Presbyterian Point Camp cease to exist or cease to be related to the Presbyterian Church (U.S.A.), the Charitable Beneficiary shall utilize the Net Income for the benefit of Camp New Hope, Chapel Hill, North Carolina for site development and capital improvements. [CEASED TO BE A PART OF THE PRESBYTERY IN 2003].Should Camp New Hope cease to exist or cease to be related to the Presbyterian Church (U.S.A.)[ceased to be Presbyterian August 2015], the Charitable Beneficiary shall utilize the Net Income for purposes which parallel, to the extent possible, the original intent of the Donors.[Camp Albemarle is still an option to use the income, when it becomes available, for site development and capital improvements.]
Fund DetailPresbytery of New Hope
DP Foust - Presbytery of New Hope Preaching in Weak Churches | 102262013137
For the purpose of keeping up preaching in weak churches.
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