FIRST PRESBYTERIAN CHURCH FOUNDATION
The First Presbyterian Church of Dallas Foundation is a classic example of Jesus’ parable of the mustard seed: “The mustard seed ... is the smallest of all seeds, but when it has grown it is the greatest of shrubs and becomes a tree.” (Matthew 13:31-32)
In 1958, a group of visionary leaders of First Presbyterian Church of Dallas chartered a Foundation as a separate Texas corporation for the support of the Church. The Foundation received its first funds from the original Trustees in 1961 and made its first grant in 1969 from $6100 in net assets. One Trustee recommended granting “at least $5000” of these accumulated funds. The idea of a long-term endowment was obviously not yet on their minds. The first grant, made to Pan American School in South Texas, for $2500 was followed by many others. By the end of 2016, over $13.5 million will have been distributed to further the ministry and missions of First Presbyterian Church of Dallas. Over 70% of distributions have gone directly to the Church in support of its ministries. Today the Foundation has assets under management of $32 million, income from which is available to provide support for the ministry and missions of First Presbyterian Church of Dallas.
The purpose of the Foundation is to support the benevolent, charitable, educational and missionary work of the church. A Board of Trustees elected from the congregation for six-year terms governs the Foundation’s operations. Independent investment advisors, carefully selected and overseen by the Board, manage its assets. A Grants Committee of the Board reviews all grant requests, and prayerfully considers every request in light of the Foundation’s mission.
During 2016, approximately $103,322 of income distributions from these funds supported the music, scholarships, landscaping, communications, missions & evangelism, Day School and Community Ministries of the Church, as well as the Caring Fund at Grace Presbyterian Village. An additional $23,000 was distributed through the Foster Scholarship Fund.
In 2016, the Foundation made grants from unrestricted funds of approximately $1,045,000 with 87% of that going directly to First Presbyterian Church of Dallas. Long time and some new mission benefactors of FPCD receiving direct grants from the Foundation in 2016 included Grace Presbyterian Village, Montreat, Presbyterian Pan American School, Interfaith Family Services, Presbyterian Communities and Services, Austin College, MoRanch Assembly, Austin Presbyterian Theological Seminary, and Friends of Fort Liberte'.
Ways of Giving
For over 150 years, the First Presbyterian Church of Dallas has been an amazing part of God’s transforming work in the world. As a congregation with such a rich history, we are reminded daily that we drink from wells we did not dig and feast from vineyards we did not plant—but someone did. In both facilities and ministry we are surrounded daily by this cloud of witnesses. Those who have gone before us in the life of this congregation offered their time, talents and treasure to join God’s transforming work in the world.
Today we are that “someone” for those who will follow us in this unfolding of God’s history. As those who came before us, today we are called to embody the notion that we have been blessed to be a blessing to the generations who will follow us. One of the ways we can be faithful in this call is through our legacy gifts to the church’s Foundation.
The following portion of this church website contains many valuable pieces of information for your consideration. I invite you to explore it to see if there is an appropriate vehicle for you to provide your legacy to the ministry and missions of FPC. In no small measure, your gifts will assure upcoming generations a quality and vibrant mission for God in the heart of this city.
Class of 2018 Russ Coleman--President Mary Kimbrough Matt Soucek Susan Stephens
Class of 2020 Dick Abney Jerry Grissom Marilyn Hammett Lucy Richards Becky Sykes
Class of 2022 Amy Aamold Woodrow Michael (“Mickey”) Bonesio Mark Haley Ernie Higginbotham
Each quarter, grant requests are received through an application process, as outlined under Grant Applications on this website. Grant requests are thoroughly reviewed by committee members and approved by the 15-member Board of Trustees of the Foundation. Trustees assess, discuss and often make site visits to determine final grantees.
In addition to the $932,750 block grant to FPC, the following grants were made to other ministries:
- $50,000 Presbyterian Communities and Services (Caring Fund)
- $15,000 Schreiner University--scholarship support for Presbyterian Pan AMerican Graduate
- $19,935 Presbyterian Pan American School—one Scholarship
- $25,000 Austin Presbyterian Theological Seminary
- $25,000 MoRanch for mold and mildew removal
- $1,500 Credo/Street Choir to partially support one participant for trip to New York and Washington DC
The Foundation also manages donor-restricted and board-restricted funds for specified purposes. Gifts large and small support this good work and are carefully shepherded by the Foundation. Your contribution will be another “mustard seed” to grow and support the missions and ministry of FPC in perpetuity. Please consult any Foundation Trustee or Kim Warner (214/335-1357) in the Foundation office for more information.
During 2016, approximately $165,970 of income distributions from these funds supported the music, scholarships, landscaping, communications, missions & evangelism, Day School and Community Ministries of the Church, as well as the Caring Fund at Grace Presbyterian Village.
In 2016, the Foundation made grants from unrestricted funds of approximately $1,045,000 with 87% of that going directly to First Presbyterian Church of Dallas. The Block Grant to the church amounted to $910,000. Long time mission benefactors of FPCD receiving direct grants from the Foundation in 2016 included Grace Presbyterian Village, Montreat, Presbyterian Pan American School, and Interfaith Family Services.
For persons or organizations wishing to apply for a grant from First Presbyterian Church of Dallas Foundation, please send your request to:
First Presbyterian Church of Dallas Foundation 1835 Young Street Dallas, TX 75201 Attn: Mary Kimbrough, Grants Chair
Grant requests can also be submitted by email to firstname.lastname@example.org
Grant Application Form
The Grant Application form can be found here. (Please note the various attachments required as well as the application deadlines.)
October 1, 2017: Submission of grant applications and accompanying materials for a Foundation grant in 2018.
The Foundation Grants Committee meets various times throughout the year. However it only processes proposals after October 1, with the full Board taking final action the following February. Those grants will be made for the year following the October request, and are distributed evenly in quarterly amounts.
The Foundation Grants Committee reviews and makes recommendations on requests after October 1st, with the full Board of Trustees taking final action on those recommendations the following February. Typically, approved grants will be paid in four equal quarterly increments. When sending in a Grant Request, you will receive an acknowledge email from Kim Warner. If you do not receive such an acknowledgement in a timely manner, please be back in touch with him at either 214/335-1357 or at email@example.com.
Foundation policy calls for grant requests to the Foundation to be considered in the following order:
Priority 1: Grant requests received from First Presbyterian Church of Dallas (FPC) to support public worship or any benevolent, charitable, religious, educational or missionary undertaking of FPC.
Priority 2: Grant requests from organizations in which FPC has a long history of support, whether through the Church or the Foundation, or is participating in a significant role in a new organization. FPC has a strong history of participation in the founding or expansion of several mission-related organizations in the Dallas area. Requests from each of these organizations should be included in this category. Examples include the First Presbyterian Church of Dallas Developmental Day School, Interfaith Housing Coalition, Mo Ranch Conference Center, Grace Presbyterian Village, and Presbyterian Children’s Home.
- Priority 3: Grant requests from all other organizations.