First Church Foundation news
The First Presbyterian Church of Tulsa Foundation was established in 1962 with 88 shares of stock and has grown over the last 50 years to an endowment in excess of $20 million. Every gift to the Foundation by a member of our Church is invested and managed by the Foundation Trustees and will grow over time. In the last 25 years, the Foundation has distributed in excess of $11 million to our Church.
Where – In 2020, the unrestricted Forward Fund and the five restricted ministry funds distributed $530,000 to the life of the Church. They included the areas of music and worship, scholarship and education, mission, nurture and care of families, and long-term maintenance and repair.
When – Those who want to see their legacies start during their lifetimes may donate at any time to the Foundation. Making a charitable bequest assures complete control of gifts during your life and brings the satisfaction that your will reflects your faith and stewardship values. These gifts will support the mission of the Church in perpetuity far beyond our lifetime. Gifts to the Foundation endowment are tax deductible.
Who – A gift to the First Presbyterian Foundation is open for all at any amount.
How – There are many ways to give that provide important personal benefits while supporting First Church for generations to come.
How to give to the First Church Foundation
- Cash donation
- Bequest through your will or trust
- Privately held securities
- Charitable gift annuities
- Real estate assets (income producing real estate can
be maintained and managed by the Foundation Trustees) - Retirement assets (i.e., pension plans, IRAs)
- Life income gift through a trust
- Donor Advised Fund
- Naming the Church as a beneficiary of a life insurance policy
- Oil and gas interests and royalties
NOTE: With any decision regarding legal and financial matters, you should consult your own independent professionals such as an attorney, accountant, trust officer, life insurance professional or investment advisor.
More information can be obtained from foundation director, Katie Williams at kwilliams@firstchurchtulsa.org. Also, contact Katie as well to let her know the foundation is in your estate plan.