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Presbyterian Church (USA) Foundation
Foster G. McGaw Memorial Fund-36764 | 102201005246
for the general purposes of said [PC (U.S.A.] Foundation.
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Sam and Helen R. Walton Fund-37455 | 102201005627
to be used for funds development activities of the FOUNDATION as determined by its Board of Trustees.
View Fund DetailsPresbyterian Church (USA) Foundation
Ralph M. Stair Endowment Fund | 102201005863
To be used for Development Program of the Presbyterian Church (USA) Foundation.
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Sarah H. Gardner Memorial Fund-39253 | 102201102227
for funds development activities as determined by its Board of Trustees.
View Fund DetailsPresbyterian Church (USA) Foundation
Helen R. Walton Guardian Fund | 102201102231
The FUND shall be invested on a total return basis. For purposes of determining the amounts withdrawable from the FUND, the FUND shall be valued as determined by averaging the market value of the FUND as of the last business day of each calendar quarter of the preceding calendar year and five percent (5%) of the average market value shall be paid annually to the FOUNDATION.For purposes of supporting the objective of the FUND the above distribution strategy shall be considered as a guide. However, the distribution strategy for this FUND should be in concert with the FOUNDATION'S policy for its Spending Formula as determined from time to time by its Board of Trustees.Should a need arise whereby the principal may need to be invaded or should any such percentage need to be changed either prospectively or retroactively (or both) the FOUNDATION will obtain the express written consent of the DONOR (or its successor in interest). The PURPOSE of the withdrawals from the FUND will be in support of the activities of the FOUNDATION specifically in the area of training and support for Development Officers with the goal of increasing the quality and number of these FOUNDATION Representatives around the country.The FOUNDATION shall provide an annual report to the DONOR within 90 days of the end of each calendar year setting forth (a) the fair market value of the assets of the FUND as of the last day of such calendar year, (b) the FUND balance as of the beginning and end of such calendar year and an itemization of the amounts withdrawn by the BENEFICIARY for the purposes described above, and (c) the amount of income and appreciation for such calendar year allocated to the FUND.
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