WHO WE ARE
Thanks to the generosity and foresight of some long-time members, the PHPC Foundation, a rarity among Presbyterian congregations, was formed in the early 90’s. Its founders sought a way to secure the church’s future plans and bold dreams with an invested account that would remain separate from the church’s operating budget. A hedge against unanticipated needs the Foundation’s total resources have grown to more than $10 million. Members who wish to endow a program or leave a legacy bequest can create a directed gift that will be invested through The Texas Presbyterian Foundation.
Every member can be a part of the PHPC Foundation by donating to the Birthday Fund. It’s simple: every year on your birthday, donate in the amount of $1 for every year of your life. 100 percent of Birthday Fund gifts become grants that support the church or its outreach and missions.
Endowed gifts are established to support ministries of the church as specified by individual donors. To be separately named and managed, a gift must be at least $25,000 in size. Donors complete giving directives to define their intent.
Proposed Endowment may be initiated with at least $6,000, and must grow to the $25,000 minimum within three years. Many times, a proposed endowment attracts a number of people with a shared interest. The Pastors’ Cancer Fund, for example, has attracted donors who have been touched by the disease and want to help others deal with its many hardships.
LEAVE A LEGACY
Many members who love the church want a way to continue “tithing” long after they are gone. Some want to specify that their gifts continue to preserve traditions or programs that they have supported throughout their lives. It is relatively simple to leave a bequest to the church by naming PHPC as a beneficiary in your will or trust. You can specify a designated dollar amount or percentage of your estate, or you could create a “remainder beneficiary” designation, which means that only after specific funds have been paid to others will the church be included in the distribution of your funds. Gifts can be in the form of stocks, real estate, oil and gas leases and other assets as well as cash.
We have over 15 endowed scholarship funds that provide annual financial assistance to deserving college and seminary students. Some scholarships are school- or study-specific, some are need-based, still others are open to all PHPC members and children of members. Every spring, the Foundation grants funds to 20-plus students heading off to school.
GRANT GUIDELINES AND APPLICATION
The Foundation Board of Trustees strives to balance the dual objectives of growing the portfolio value of the Fund while responding to critical program, mission and benevolent needs within the church and the community. Given the limitations on spending, we favor supporting organizations and/or efforts that reflect the mission of the church as a whole. The following guidelines may be helpful to organizations seeking funding.
In any grant cycle we typically prioritize funding requests as follows:
1. Requests coming from inside or supported by the PHPC community
2. Requests originating in the greater Presbyterian community
3. Requests generated by outside community organizations
In general, the Foundation prefers to fund capital investments as opposed to annual operating expenses of any external organization. We will, however, consider grants that allow an organization to develop its infrastructure, expand an existing project in a unique way, or initiate a new program. We do not make grants to other endowment funds.
Historically, Foundation grants have ranged from $3,000 to $25,000. We strive to make grants that will have a measurable and meaningful impact over the long term. In general, Foundation grant commitments are limited to one year. In most cases, Independent community organizations who have received a grant should wait five years before applying again.
Grant applications can be submitted by mail to Trey Angel, Church Financial Officer, 9800 Preston Road, Dallas, TX 75230, or by email to . The Foundation Board has adopted a policy that all grant applications should be endorsed by one of PHPC’s five Councils (Community Outreach, Worship, Discipleship, Evangelism and Membership, and Administration) or the Diaconate. Your application will be routed to the appropriate Council or the Diaconate and, if recommended by the Council or Diaconate, to the Chair of the Grants Committee of the Foundation. Applications must be submitted to the Grants Committee Chair by March 1 for consideration by the Foundation Board of Trustees at its May meeting and by September 1 for consideration by the Board at its November meeting. All grants must be approved by the Board.
Following is a list of grants by the Foundation for fiscal year 2017/2018:
Grants Awarded from Unrestricted Funds
Agape Temple A.M.E. Church ($5,000)
Funding for maintenance and capital improvements to the south Dallas church (Pastor: Rev. Dr. Michael Waters).
Austin Presbyterian Theological Seminary ($25,000)
Contribution to capital campaign to renovate its library, creating a learning and information center.
Baylor Scott & White Hospital Clinical Pastoral Education ($6,500)
Funding for clinical pastoral education program aimed at improving delivery of health care to religious and ethnic minority communities.
Café Momentum ($10,000)
Funding for construction of a community services center that will allow Café Momentum to expand its services for at-risk youth in Dallas.
Funding for analysis and planning for a purpose-built community in southern Dallas.
Faith and Grief Ministries ($8,000)
Funding for the community tree of remembrance at Thanksgiving Square.
Montreat Conference Center ($7,500)
Funding to initiate a program for development of young adult ministries at the local church level.
Nicaraguan Council of Protestant Churches (CEPAD) ($12,500)
Contribution to capital campaign to build new offices, a training center, a radio station studio and a chapel.
PHPC – Advent Wreath ($2,800)
Purchase advent wreath for the PHPC Chapel.
PHPC – Montreat College Conference ($5,000)
Funding enabling PHPC college students to attend Montreat’s 2018 college conference.
PHPC – Race Still Matters ($5,204)
Sponsored a David LaMotte four-hour seminar on issues of race and impediments to equal opportunity. LaMotte also provided special music during Sunday worship. LaMotte is a speaker, musician and author.
Presbyterian Pan American School/Schreiner University ($2,500)
Scholarship for Pan American student to attend Schreiner University.
St. Simon After School Program ($3,000)
Funding for after-school program for low-income students at Preston Hollow Elementary School.
Grants and Disbursements from Restricted Endowments
Ann Bond Fund ($2,800)
Provided counseling for individuals experiencing anxiety and depression.
Black Estate Fund ($39,147)
Funding for PHPC’s WRR radio ministry.
Choral Intern Scholarship Fund ($15,857)
Funding for high school/college students’ musical education through participation in the PHPC choir.
Fred & Barbara Meyer Fund ($20,703)
Upgraded the audio equipment in PHPC’s Jubilee Hall.
Jeanette Early Music Fund ($16,300)
Funding for the annual Americana concert at PHPC.
Kidwell Pastor’s Benevolent Trust Fund ($11,396)
Used by PHPC Pastors for furtherance of the church’s benevolent work.
Lea Family Speakers Fund ($4,000)
Sponsored “An Evening with Kate Bowler.” Bowler is a Duke Divinity School professor, a young mother with incurable cancer and bestselling author of Everything Happens for a Reason and Other Lies I’ve Loved.
Lea Family Speakers Fund ($3,211)
Sponsored Al Staggs in a one-person performance as Dietrich Bonhoeffer, a well-known German theologian and author executed by the Nazis during World War II.
Malawi Support Fund ($6,300)
Provided tuition scholarships to Malawian children in the care of the Ministry of Hope.
Miller Hughes Fund ($7,538)
Funding for the Austin College ACtivators program.
Monie Pastoral Residency Fund ($48,000)
Funding for the PHPC Monie Pastoral Resident position, currently held by Rev. Jessie Light-Wells.
Scholarship Funds ($45,998)
Provided tuition scholarships to college, seminary and Preston Hollow Presbyterian School students.
Speakers Fund ($14,000)
Sponsored “A Night with Glennon Doyle.” Doyle is an activist, speaker, founder of Together Rising, and author of No. 1 New York Times best seller Love Warrior.
Visiting Conductor Fund ($4,000)
Commissioned a musical work by Mack Wilberg. Wilberg is a composer, arranger, conductor, choral clinician and the current music director of the Tabernacle Choir at Temple Square.
Wilcox Trust Fund ($19,502)
Funding for Springhill Retreat Center and other ministries.