Along with unrestricted gifts, First Pres also accepts donations to specific ministries. If you would like to give a restricted gift and would like to know specific program needs, contact Frank Grossman.
I'm thinking about leaving an endowment. How do I do that?
The church has created the Legacy Endowment—three special endowment funds where you can make planned gifts.
The Ministry Fund: Income earned on this fund is used to sustain the ministries of education, worship and music; the nurture of children and youth; and faith formation for all ages.
The Mission Fund: Income earned on this fund is used to provide seed money for new mission and to support commitments to education, evangelism, relief, and development in Lake County, Chicago, nationally and internationally.
The Masonry Fund: Income earned on this fund is used to maintain the beautiful sanctuary and the various facilities of First Church, and enhance the campus for generations to come.
You may choose to make a gift of cash, securities (marketable or unmarketable, appreciated or those with a loss), charitable gift annuities, insurance proceeds or other real or personal property, Individual Retirement Accounts (for a limited period) and your estate will receive a tax deduction in the amount of your charitable request. In all cases, you should consult with your personal tax and legal advisors to ensure that you plan and draft your Legacy Endowment language carefully, considering your personal goals and individual circumstances, so as to maximize the benefits to you. The church has a simple Gift Agreement which allows you to give and the church to receive your gifts. Donors are encouraged to place a minimum of restrictions on gifts, however donor restrictions may be considered by Session. If you would like to learn more about the Legacy Endowment Fund, please contact Frank Grossman.
