A Legacy Fund is established when a donor makes a gift to the First Pres Foundation and the annual payout from the invested fund supports a ministry at First Pres church chosen by the donor. Family members are encouraged to be stakeholders in the fund and receive reports and engage with the ministry their family fund is supporting.

The annual payout will be 10% of the original gift.  With an assumption of an average earnings of 5% a year, the life of the endowment will be approximately 15 years.  The minimum gift to establish a Legacy Fund is $20,000.

Example. John and Mary Brown establish the Brown Family Legacy Fund with a gift of $30,000 to support the global missions program at First Pres.  Each year, for the life of the fund, $3,000 is used in global missions for ministry outside the operating budget of the church. The Brown’s two children and four grandchildren are also stakeholders in the fund.  As a family they are in touch with the ministry through the global missions office at First Pres.  The Brown family gets the joy of seeing the impact their Legacy Fund is making in ministry around the world.