The Covenant Presbyterian Foundation is organized for the sole purpose of supporting the mission of Covenant Presbyterian Church. Covenant established the foundation in 1998 with the generous bequest of $1 million from longtime church members. Since then, members have continued to make commitments to benefit generations to come.
2015/2016 Education Campaign
One of the Foundation’s main interests is education and in the summer of 2015, the Foundation started an education campaign highlighting the many areas that it can help with. Over the next weeks and months, you will see regular information from the Foundation in mailings, newsletters and on Covenant’s website. Foundation Trustees will also be available to speak to your groups. Through these articles and activities, we’ll offer tips about:
- How to plan for retirement. Planning for retirement is important regardless of your financial situation.
- How to incorporate charitable giving into your family’s life. Generosity is a core value, and passing a commitment to charity to the next generation is one of the greatest gifts you can give.
- End-of-Life planning and documents. It is hard to overstate the importance of estate planning and having a will. Regardless of your income or age, Texas law is such that dying without a will can leave your family in chaos.
Read a letter from the Foundation outlining this campaign: Covenant Foundation Education Campaign
If you are interested, the Foundation welcomes Covenant members with expertise in financial and/or estate planning to submit articles for possible publication in the 2015/2016 education campaign. Please contact JoAnne McIntosh at firstname.lastname@example.org or 512-617-1974 for more information.
Planning for your estate is the best gift you can give your family. The Foundation’s first article highlights all the reasons for creating a will, warning that Texans who die without a will can leave chaos in their wake—problems that could have been avoided if they had made good plans for their estates.
Read the article here: Estate Planning
Many people have read a few articles about retirement or have used an online retirement calculator to tell them how much money they need to have a comfortable retirement income, but many are ignoring some important questions to ensure a financially sound retirement. Covenant Foundation member and financial advisor Megan Poore provides the questions and more in this article.
Read the article here: Planning for retirement
Complete Planning is providing a list of documents that everyone should consider having to protect themselves and their loved ones in case of a disability or incapacity. Joanne McIntosh, a member of the Covenant Presbyterian Foundation and an attorney, provides the list in this article.
Read the article here: What is Complete Planning?
Generous Financial Giving Principles
Session adopted the financial giving principles in the summer of 2009 to guide stewardship committees and Covenant in cultivating a culture of generosity. Though Covenant has undergone many changes in the period since these principles were developed, the Covenant Presbyterian Foundation (CPF), which recently started an education campaign to help members prepare for retirement, is committed to following these principles.
Read the article here: Covenant’s Principles of Generous Financial Giving
End of Year Tax and Gift Planning
Many of people look forward to the end of the year because it means the holiday season is upon us and we will soon be spending more time with friends and family. However, the last few months of the year also means it’s time to start thinking of end-of-year tax and gift planning. The Covenant Presbyterian Foundation outlines the many items you may want to consider during this busy season.
Read the article here: End of Year Tax and Gift Planning
Overcoming Roadblocks to Estate Planning
Studies suggest that somewhere around 50 percent of Americans have no estate plan. The two articles below address some of the common roadblocks to estate planning, and why and how those roadblocks should and can be overcome. By naming and identifying the nature of problems, sometimes we can have a better sense of how they can be avoided.
Read the articles here:
Navigating the health and life insurance markets can be stressful with so many companies offering so many options filled with so many acronyms. Covenant member Joy Baskin shares a story here about how her family made insurance decisions and what that meant for them during JJ’s illness.
Read the article here: One Family’s Story about Insurance Choices
Reasons to Donate to the Foundation
Donating to the foundation enables you to leave a legacy lasting beyond your lifetime to further the Kingdom, to fund our missions and to spread the gospel to future generations. By leaving a bequest to the foundation, you guarantee that your efforts to support Covenant’s ministries will continue, even after you’ve passed on.
How to Donate
Covenant wants to have donors’ full confidence throughout the process of planning their bequests, and therefore asks that potential donors speak with a church representative if they wish to donate to the foundation. To learn more about the process or to get started, please contact Covenant Administrator Duane Dube at email@example.com.
Fellowship and Education Building Matching Campaign
The Covenant Presbyterian Foundation sponsored a successful matching campaign for the Fellowship and Education Building that ended July 31, 2014. The foundation matched dollar for dollar the money earmarked for the capital campaign, up to $350,000. Covenant members responded enthusiastically, and we reduced our debt by more than $800,000.
Trustees serve Covenant Presbyterian Foundation by praying for Covenant, serving as faithful stewards and teaching others about the foundation. Our trustees serve three-year terms.
The Board of Trustees
- Dianne Erlewine, Chair/Treasurer Executive
- JoAnne McIntosh, Vice Chair/Executive and Education
- Tana Taylor, Secretary Executive and Education
- Larry Faulkner, Finance
- Megan Poore, Finance and Education
- Elizabeth Christian, Education
- Everard Davenport, Finance
- Duane Dube, Staff, Ex-Officio
- Rev. Dr. Thomas Daniel, Senior Pastor, Ex-Officio