The Memorials and Endowments Team manages designated gifts to the church as well as managing the church’s endowment held by New Covenant Funds and JP Morgan. The church created the endowment fund in 1998 and it reached its initial principal balance of $100,000 in 2007. It now uses the ensuing interest disbursements to support programmatic needs throughout the church.
The CPC Memorials & Endowment Team has announced a new grant cycle for 2017.
Apply for an Endowment Grant Now!!
Is there a mission or faith based activity you are passionate about, but it is not yet sponsored through the CPC budget? If so, a grant issued by the Memorials & Endowment Team is a great way to obtain capital needed to foster such a project.
The purpose of an M&E grant is to provide resources to support faith-based initiatives. These initiatives must align with the overall purpose of the Endowment Fund, which is to provide opportunities for members to support the benevolent, educational, and mission work of the whole church. Specifically, the church desires to enlarge the scope of the congregation’s work and influence by:
· initiating, supporting, and maintaining worthy community projects;
· participating more fully in the many avenues for service to God and to humankind offered by our denomination, including religious fellowship, worship and education;
· expanding its witness to Jesus Christ; and
· engaging in programs designed to attend to the needs and wants of the elderly, sick, poor, young, bereaved, and physically or mentally handicapped.
The grants are one-time, non-recurring gifts and are not intended to replace existing budgets or support ongoing projects. Any CPC member may apply.
Not sure if a certain initiative falls within the parameters of the grant guidelines? Please contact one of the committee members with this or any other questions regarding the application process. The committee members are Benjamin Kadlec, Team Lead, Donna Adkins, Jim Bowdish, Barbara Carew, Brian Short, Jeff Clark, and Meredith McGill.
The application deadline is Friday June 16 and approved grants will be announced by August 1, with funds disbursed by September 1.
Cary Presbyterian Church Memorials & Endowment Funds Distribution Policies -
Cary Presbyterian Church Memorials & Endowment Funds Distribution Application Form -