Second Presbyterian Church Foundation

Giving Opportunities

Current Giving

Memorials
These funds are given in memory of an individual. Memorials are received from members and nonmembers. They are given directly to the Foundation or to the Church and then transferred to the Foundation.

Lump Sum Gifts
These funds are gifts that are given in isolated patterns. An individual may give more than one lump sum gift over a period of time, however there is no planned schedule of receipt of those gifts.

Consistent Gifts through the Church
These funds are given on a regular basis to the church and directed to the Foundation.

Pledges
These are funds that are pledged directly to the Foundation and have a payment schedule attached.

Donor Advised
These funds are given following a signed agreement between the donor and the Foundation. The donor assents to the terms and provisions of the agreement.

Charitable Annuities
These funds are donated with a payment going to the donor at specified intervals.

Stocks
Stocks are typically given and immediately converted to cash. These may come direct to the Foundation or be donated thru 2PC and proceeds from the sale transferred to the Foundation.

Real Estate
Property is transferred to the Realty Foundation, converted to cash, and transferred to the Foundation.

Life Insurance
The Foundation is made the owner of the policy.

Bequests

Recorded Wills
An individual has formally notified the Foundation that it is included in their will.

Unrecorded Bequest
The Foundation is notified that it is a named recipient in a will.

Life Insurance
The Foundation is the beneficiary of a life insurance policy.

Estate Residual
This is property held in trust until another event, like the death of the spouse occurs.

The above is a description of how the funds are received. They may be designated or undesignated.