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North Presbyterian Church
Elizabeth (Betty) Brockett Hoklas Estate Fund- 202948 | 102240202948
to be used for Christian education resources that are in harmony with the worship, teachings and practice of the Reformed Faith and may include resources that supplement the approved curriculum and the plans/action for leadership development to enable the appointed leaders in the Christian education of adults, youth and children; e.g., book, periodicals, maps, audio-visual tapes and equipment, resources for illustrating stories, historical events, leadership training presentations, speakers, tuition for leadership development seminars, but excluding transportation and room and board. Said funds are not to be used for staff salaries, honorariums, library resources, education, training, renewal, etc.
View Fund DetailsPresbyterian Church of Oronoco
Plato Sargent Memorial Fund | 102241004322
No Restrictions
View Fund DetailsFirst Presbyterian Church
Kenneth Clark Endowment Fund | 102240000067
Distributions: The amount and timing of distributions from the Fund will be consistent with Presbyterian Foundation's (the Foundation) policies for spending from endowment Funds as amended from time to time. To the extent that the spendable amount under the preceding sentence for a year exceeds the total prescribed minimum amount of the salary, housing allowance, health insurance and retirement contribution benefits payable to the pastor of the Pine City Church (Church), including a part-time or interim pastor, or other person serving in a similar capacity, approved by the Presbytery of the Twin Cities Area, the Church shall remit and return that excess to the Fund. Further, if the pastor (including interim pastors or persons in other forms of pastoral service) has not been approved by the Presbytery of the Twin Cities Area or its successor and does not receive at least the minimum terms of call set by the Presbytery for a called and installed pastor, the Church shall remit and return the distribution for that year to the Fund. In any year when the balance of the Fund (as of the first day of that year) exceeds $516,000, the Church may request in writing amounts in excess of $258,000, for purposes of capital improvements and maintenance of the Church's buildings, equipment and facilities and payments of income and principal on the Church's mortgage, and such request must be endorsed by a majority of the Church's congregation as certified by the Clerk of Session. Dissolution: If the Church is dissolved by a vote of its congregation or action of the Presbytery of the Twin Cities Area, or is no longer recognized as a constituent congregation of the Presbyterian Church (U.S.A.) or its successor, or if for some other reason the Foundation determines that the purpose of the Fund expressed herein has become impracticable, inexpedient, or impossible, the Foundation may, in its sole discretion, terminate the Fund and distribute the entire balance of the Fund to the Presbytery of the Twin Cities Area for use in furtherance of its religious and charitable purposes. If at the time of the Fund's termination, the Presbytery of the Twin Cities Area is not an organization described in §§ 170(b)(1)(A), 170(c), 2055(a), and 2522(a) of the Code (a Qualified Charity), the Fund shall be distributed to one or more Qualified Charities which the Foundation selects.
View Fund DetailsFirst Presbyterian Church
The Shaffer Education Fund | 102240203089
The intent of this fund is to promote Christian education and spiritual development through participation in educational events in the wider church. Examples include but are not limited to Synod School, Presbyterian Women's Gathering, Youth Triennium, youth or family camps, programs at Montreat or Ghost Ranch conference centers, Christian seminars or retreats, or events sponsored by ten Presbytery, Synod, or General Assembly. Grants from the fund may be used for registration fees and travel expenses. When and where possible, the Church/Session shall pay these expenses directly to the sponsoring organization and/or business on behalf of the grand recipient. This fund shall benefit people of all ages, including children, youth and adults. The Session will determine how the money will be distrusted each year. An individual may receive no more than 25% of the funds available in a given year. Funds that go unused in a given year shall be carried over to and available in the following year.
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