Foundation Newsletter, November 2018

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As the initial investor in the vision, development, and implementation of Alcy Ball Development Corporation, the Foundation has committed resources totaling $435,000 since 2011. The creation of ABDC supports the vision of the Shalom Project and Mission Memphis. This successful engagement serves as a model for restoration and revitalization in other distressed neighborhoods and cities through partnerships embracing the Shalom strategy. 

Hear directly from Executive Director Chris Oliver about the progress being made in Alcy Ball as ABDC seeks to restore prosperity and health; equip local leadership; and facilitate a healthy transition of leadership to the next generation of residents.

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Members of Second recently took advantage of a well-presented session on estate planning. Local attorney and Second member Josh Baker provided practical information on the topic. This information equipped those attending to be able to more easily work with their own personal advisors. 

In case you missed it or you want to hear it again, the session is available to be listened to along with viewing the powerpoint presentation.  

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Thanks be to God for His indescribable gift! II Corinthians 9:15

Our response to what our Lord clearly initiated and completed on our behalf is thankfulness expressed in our worship of the triune God. Worship takes on many forms and includes worshipful giving.

Worshipful giving reveals the heart and instructs the heart.

Worshipful giving brings adoration to the Lord and not to the world.

Worshipful giving is a mark of true worship.

Worshipful giving is planned.

Worshipful giving is proportional.

Worshipful giving is sacrificial.

Worshipful giving is transformational.

Worshipful giving deeply blesses the giver and the receiver.

If the Foundation can assist you in planning or making a gift please contact the office or give here.


Questions about the Foundation?
Contact vicki.simmons@2pc.org
or visit the 2PC Foundation online

Getting Your Ducks in A Row

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Members of Second recently took advantage of a well-presented session on estate planning. Local attorney and Second member Josh Baker provided practical information on the topic. 

The session provided a basic understanding of legal terms and the purpose of legal documents so that attendees could become conversant with their professional advisor and make informed decisions in order to achieve their objectives. 

Topics covered included:

  • Wills

  • Trusts

  • Powers of Attorney

  • Basic Federal and Tennessee Estate Planning

  • Living Wills 

  • Lifetime Gifts and Transfers

In case you missed it or you want to hear it again, the session is available to be listened to along with viewing the powerpoint presentation. Listen here. View the powerpoint here. See Josh’s handout here.

 Contact vicki.simmons@2pc.org or at (901) 507-7898 if the Foundation can answer any questions that you and/or your advisor may have.

Alcy Ball Development Corporation: Restoring, Equipping, and Facilitating

About ABDC

The Alcy Ball Development Corporation (ABDC) is a ministry minded organization that emerged as a result of long-term relationships between Mission Memphis; 2PC volunteers; Repairing the Breach, a ministry directed to children in the Alcy Ball community; and Pastor Tony Wade of Divine Life Church. Pastor Wade facilitated the initial success by making many introductions and helping those from Second and the local leaders form relationships. 

Alcy Ball Development Corporation develops a common platform where local leaders can gather to empower their neighbors. ABDC increases access to resources that facilitate the transition of leadership to the next generation of residents. This local leadership creates opportunities for families to thrive in the neighborhood through volunteer opportunities, healthy financial practices, affordable housing, and holistic involvement with the local church.

Leadership

In 2016, the organization hired a new Executive Director, Chris Oliver and a new Program Director, Seth Harkins. Both are devoted followers of Christ and experienced in building cross-cultural relationships. Their prior work equipped them for the long perspective and dependence upon The Lord needed for this type of grassroots economic and social development. Chris was a Second Presbyterian Fellow in the 2009-10 Class. 

Chris focuses on relationships with churches, organizations, and residents in the community, while Seth focuses on relationships with businesses, schools, and residents in the community.

The current Board consists of Apostle Tony Wade, Mr. A Thompson, Mr. Ethan Knight, and Mrs. Sharon Payne. The board members play an integral part in directing the organization; connecting with the Alcy Ball community; connecting with non-neighborhood resources; and realizing the vision of a renewed community.   

In addition, many members of Second lend their professional skills, financial support, prayer support, volunteer support, and networking abilities to the ministry. 

 

Mission

The mission of ABDC is to restore the prosperity and health of the Alcy Ball community through economic, social, and educational development. The vision for a healthy neighborhood realized through empowering local leaders depends upon relationships with the neighborhood’s established organizations and churches.  The goal is to reach the community alongside the local churches, connecting participants to churches and leading to holistic change and care. Relationships have been built with these groups and those leading the organization have learned the strengths and needs of the community from listening and from conversations with residents and stakeholders. 

The result is the identification of three strategic focus areas for programming: Financial Literacy and Education, Community Organizing and Advocacy, and Neighborhood Revitalization. As they work in these areas, they foster relationships with key individuals who can facilitate partnerships and multiply the leadership that will serve the neighborhood in years to come. 


Financial Literacy Education

Since 2016, ABDC has focused on helping families learn financial practices and steward their income. They serve the area by offering Faith & Financesand in-home budget counseling – having 18 participants since inception. The Financial Literacy program is offered in collaboration with either local churches or other neighborhood organizations. In addition, three savings accounts have been opened; four families have increased their credit score and are paying off debt; and one family was helped as they purchased a home. The consistency in relationships is paying off through credibility in the neighborhood.  


Community Organizing and Advocacy

Due to increased credibility in the neighborhood, stronger communication and trust has been gained with those living in Alcy Ball. Community organizing consists of supporting the community associations, as well as other grass roots organizations in the area. Additionally, ABDC organizes events in the community towards the development of the neighborhood such as meetings with the City of Memphis; meetings between business leaders; etc.  As they pursue the principles of Christian Community Development, one goal is to create strong relationships between neighborhood leaders and resources outside the neighborhood such as Clean Memphis, Serve 901, MAM, Barnhart Crane & Rigging, local churches, and other companies and organizations. Neighbors have joined in Police Joint Association meetings. Residents are assisting the staff by gathering complaints against negligent property owners and attend hearings about specific properties. These activities are engaging more residents in the process of self-advocacy.

Examples of members of Second engaging with Alcy Ball include Steve Shular, Special Assistant to the City Mayor, as he runs the Police Joint Association meetings; and Kevin Stout, as he serves as a liaison with Barnhart Crane; has hired a local resident; and volunteers for community cleanups. 


Neighborhood Revitalization

By starting small and involving neighborhood input, ABDC is developing a long term plan for neighborhood revitalization that will benefit residents without forcing them to relocate out of the neighborhood. This effort includes removing brush to make yards maintainable, boarding up abandoned houses, calling attention to major Code Enforcement infractions, moving endangered buildings toward demolition, and monitoring Environmental Court cases against delinquent owners. 

ABDC is efficient at this work when it partners with others for the benefit of residents. For example, the staff supported the process for two longtime Alcy Ball homeowners to apply for Habitat for Humanity’s “Aging in Place” program by helping them attend meetings, fill out paperwork, and gather documentation for the application to repair their damaged roofs. ABDC’s ability to support this process led to other engaged community members, who are now advocating on behalf of their own neighbors for more services in the Alcy Ball area. 


Connect with ABDC at www.alcyball.org.

Worshipful Giving Out of Thankfulness

Thanks be to God for His indescribable gift! II Corinthians 9:15

Our response to what our Lord clearly initiated and completed on our behalf is thankfulness expressed in our worship of the triune God. Worship takes on many forms and includes worshipful giving.

Worshipful giving reveals the heart and instructs the heart.

Worshipful giving brings adoration to the Lord and not to the world.

Worshipful giving is a mark of true worship.

Worshipful giving is planned.

Worshipful giving is proportional.

Worshipful giving is sacrificial.

Worshipful giving is transformational.

Worshipful giving deeply blesses the giver and the receiver.

 If the Foundation can assist you in planning or making a gift please contact the office or give here.

FUNDation Strong: Seminarians at the Heart of the Mission

The history of Second’s commitment to funding seminarians who are members of our church goes back at least to the early 1960s. When researching those old and sometimes yellowed records, one has to smile at the quite literal “carbon copies” of documents; the formality and length of hand written letters of correspondence; the odd shaped forms of promissory notes for student loans to be forgiven if engaged in full time Christian work; and most notably the price of seminary in those days. 

The Wills and Endowment Committee of the Session – the forerunner to the Foundation – facilitated support for about 65 seminarians until 1998 when its work came to a conclusion as it granted its pool of resources – almost $3,000,000 – to seed this then new organization, the Second Presbyterian Church Foundation.

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So it is appropriate that support for seminarians is arguably a core mission and priority of the Foundation. As part of the transition, the Foundation assumed responsibility for six funds that were established either from bequests or memorials given.  The majority were given in the mid 1980s.

For those who have been at Second for a while, the names on these funds will resonate – Earl Hooks, Dr. Jim Hazelwood, Blanch Pence, Martha Stewart, William Crosby and Sara Vanfossan. For most others the names will not ring a bell, but the ongoing impact of these funds is mighty. Together they established an early pattern of dedicated support for this form of intensive preparation for ministry.

Due to the nature of the funds established in another economic time, the current total of these funds is $185,000, which nets approximately $9,000 per year. In today’s economy, that covers expenses for less than one year for one student.  

However, because of the historical commitment to providing support for our members called to full time ministry and the long term proven results, the Foundation Board marries funds from its undesignated fund to make up the difference in what is needed from year to year. For instance this year the total commitment is $240,000 for 30 seminarians.

 Ideally the Foundation will one day have enough resources housed in a dedicated fund that will meet the expense needs for our seminarians, freeing up those undesignated dollars for missional work at home and abroad. 

So what is the result of the $993,000 that has been spent in the first twenty years? Immeasurable Fruit. There have been 67 students supported with an even more number of degrees earned. Degrees such as Master of Divinity, Master of Arts in Biblical Studies, Master of Arts in Theological Studies, and Master of Arts in Biblical Counseling.

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Students obtained those degrees from institutions such as Reformed Theological Seminary either in Orlando, Charlotte, Jackson or as part of the RTS Global Education program; Covenant Seminary in St. Louis; or Gordon Conwell Seminary near Boston and in Charlotte, among others. 

Seminarians are still required to continue into full-time Christian ministry upon graduation and the overwhelming majority of those supported remain in Christian service today. They are ordained pastors; hold non-ordained positions of leadership in churches; serve as counselors in a Christian setting; are missionaries in foreign lands; serve in many and various types of para-church organizations; and work in Christian educational environments.

The stories and the fruit are voluminous. Ten seminarians have been featured over the past year as we have learned in detail how they are sounding forth the gospel in various parts of the world.

The success of this investment is rooted in the thorough examination and application processes that candidates are subject to – for the good of all. The Foundation works with the pastoral staff of the church and the Christian Psychological Center. Lay mentors are assigned for the length of seminary and two years beyond.  

More that just continuing and improving an effort begun many years ago, the Grants Committee of the Foundation constantly asks what is the prevailing purpose of an investment this large. For instance, with the inception of the LAUNCH pastoral residency program a few years ago, it was determined that support would be provided for their seminary studies as well. The basic answer however is the reminder that we provide partial support for our members while they are taking theological training to the end that they may be able to give themselves more fully to intensive study and preparation for serving our Lord Jesus Christ in full time Christian service.

Praise the Lord that so many have been raised up out of Second Presbyterian Church for this intensive mission.

Foundation Newsletter, August 2018

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Do you need practical, useful, and not overly technical information about relevant estate planning issues so that you can begin to order your estate or revisit your current plans?

Great news! This fall you will have an opportunity to get this information as part of a six-session MidWeek class in the comfortable setting of our church. The class, entitled "Basics of Personal Finance and Estate Planning," will focus on issues surrounding financial responsibility for today’s Christian family.

The last two sessions, November 7 and 14, are for those planning their family's affairs. Some of the topics that will be covered include: wills, trusts, powers of attorney, the death tax, and estate planning challenges. Local attorneys with expertise in these fields will conduct the sessions.

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Laurence Towner is a counselor with Sage Hill Counseling in Memphis and is a fifth generation member of Second. She received support from the Foundation to attend Dallas Theological Seminary, where she received her Master of Arts in Biblical Counseling in 2015.

As a graduate student, she began her practicum and internship work with Windhaven House, a living facility for women struggling with substance abuse and addiction. She later joined their counseling team, which included individual counseling as well as an Intensive Outpatient Program. She became very familiar with the 12 steps of recovery, as well as the freedom that can be found within the binds of addiction.

Hear, in Laurence’s words, about her seminary experience and what it prepared her for.

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Many grants were made during this last fiscal year, making it the highest year in the 20-year history of the Foundation in terms of funds granted! 

Between undesignated funds, designated funds, and donor advised funds, more than $2 million was distributed to mission efforts in our city, country, and around the world.  

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Questions about the Foundation?
Contact vicki.simmons@2pc.org
or visit the 2PC Foundation online

2017-18 Grants Reach New High

The following grants were made during this last fiscal year, making it the highest year in the 20-year history of the Foundation in terms of funds granted. They include grants from the undesignated fund and many designated funds. Additionally, grants were made to eligible ministries from donor advised funds.

 

Home Missions

Esperanza                              $85,000 Alcy Ball Development Corporation      $75,000 Downtown Church                        $45,000 My Cup of Tea Ministry                 $25,000 NCC College Scholarships               $89,850                                 ______________                                       $319,850     World Missions 2PC World Missions                    $135,950 First Greek Evangelical – Athens       $40,000 Intercultural Church                   $40,000 Planting Network – Netherlands Philemon Project – Beirut              $40,000 Covenant Hope Church- Dubai            $35,000 China Partnership                      $31,000 Mozambique                             $25,781 Intercultural Church                   $15,000 Planting Network – Europe                                                   ________________                                       $362,731 Christian Leadership Development Seminarian Scholarships               $181,855 Youth Internships                      $59,000 Pastoral Internships                   $24,000 Christian Psychological Center         $20,000 ECS Scholarships                       $15,700 Youth Donor Advised Funds              $12,000 Presbyterian Day School Scholarships   $11,500 PDS Young Scholars Program             $11,235 Children’s Music Ministry              $10,000 Music Ministry Internships              $8,200 Fellows Program and Scholarships        $6,250 College Music Scholarships              $4,200 French Camp Academy Scholarships        $4,000 Children’s Ministry                     $2,500 Library                                 $1,560 Conservatory Scholarships               $1,500                              _________________                                       $373,500 Subtotal                            $1,056,081 Donor Advised Grants                $1,192,441 TOTAL                               $2,248,522

Sounding Forth: Truth and Love

Laurence Towner is a counselor with Sage Hill Counseling in Memphis and is a fifth generation member of Second.  She is daughter of Kathleen and Jud Towner; sister of Buck and Katherine Towner; and granddaughter of Ginny and Justin Towner. She received support from the Foundation to attend Dallas Theological Seminary, where she received her Master of Arts in Biblical Counseling in 2015.

As a graduate student, she began her practicum and internship work with Windhaven House, a sober living facility for women struggling with substance abuse and addiction. She later joined their counseling team, which included individual counseling as well as an Intensive Outpatient Program designed specifically for women an their families. She became very familiar with the 12 steps of recovery, as well as the freedom that can be found within the binds of addiction.

Hear, in Laurence’s words, her seminary experience and what it prepared her for:

My experience in seminary was the time in which I grew in my understanding of God’s faithfulness and love.  This process wouldn’t be possible without the help of the Foundation and Second Presbyterian Church. I left my job and became a full time student and had to learn what it meant to fully trust the Lord with every area of my life and surrender any control or perceived comfort. I was able to see the Lord provide in ways I could never imagine and continue to return to these times and remember His faithfulness in the difficult times of navigating through private practice and trusting the Lord will continue to provide.

My time in seminary prepared me specifically for making Christ the center of all things. During my time in seminary it was easy to find my identity in my schoolwork, getting the perfect internship opportunity, gaining the most Bible knowledge, or landing a great job once I graduated.  While I desire good things, they will never fulfill Christ’s place in my heart.  It was a struggle to balance studying the Bible to maintain my grades and reading God’s Word out of a desire to live and know Him more. I have been richly blessed with the example of professors and fellow students to remind me of this Truth and always seek His Word.

While learning and growing in my knowledge and understanding of the nature of Christ, I also experienced the most loneliness. It required me to push through discomfort and engage in community. Through my church and classmates I was able to establish community in Dallas and grow in my relationship with Christ and others. This is foundational to my personal growth and must be in place in order for me to care for others especially in a ministry setting.

Seminary was a time of joy as well as deep suffering and pain. I learned a lot about my sin and myself. While I came to understand more of my humanness, the Lord revealed more of Himself, His love, and His grace.  Our seminary requires students in the counseling program to be involved in their own weekly counseling. This time prepared me to continue to learn more about myself while learning more about God and who He says I am in Christ. One of the most valuable things I learned in seminary is the reality that there is always something new to be learned about God. It is a continual experience of knowing more and growing more with my Creator. It instilled a desire to continue to seek God through the His Word and relationship, and celebrating who He created me to be.

Everything I learned in seminary directly impacts the way in which I am able to counsel other people. In the midst of my inconsistency, the Lord in His character is absolutely consistent and unchanging which provides the foundation and strength to be the person He has called me to be. He has faithfully provided each and every step of the way and I trust He will continue to do the same through my ministry.
 

Ministry opportunities with which she had been engaged both during and since seminary

When I decided to go to seminary, I went with the hopes of getting a degree in Biblical Counseling to work specifically with women struggling with alcohol and drug addiction. My ministry experience includes working with a women’s sober living home, providing counseling and a consistent presence for women struggling with substance abuse and addiction. I’ve been able to share my own story of recovery and God’s faithfulness praying it may provide hope to those who are broken and suffering. My time with Windhaven House Sober Living in Texas changed my understanding of addicts and alcoholics and allowed me to understand on a greater level the heart issues occurring in humanity and our deep need for a Savior. Windhaven House expanded to Windhaven Counseling Center, which included individual therapy, family therapy, and Intensive Outpatient Program. Currently, I am in private practice with Sage Hill Counseling in Memphis serving a range of ages, backgrounds, and life circumstances with Christian counseling.

Highlights of her current ministry position

My current position as a therapist with Sage Hill has been an absolute joy. The Lord has affirmed my desire to sit with people who are struggling and desire change or some who desire to learn about more themselves. I believe counseling provides a space and relationship unlike anything else we have experienced. It is a joy to sit with clients and experience change, as they are able to see who God created them to be, finding freedom in that identity, and moving towards change. I absolutely love my clients and each one brings unique gifts to their own process. I delight in sharing that space with these people and seeing how the Lord uses the time and works in their hearts as well as mine. I’ve always enjoyed people and it is a gift to share in the hurts, pain, shame, wounds, accomplishments, excitement, and joy with someone else. My hope is for each client to know what it means to be created in God’s image and Sage Hill Counseling does an incredible job of stewarding this Truth.

Lifetime ministry goals

 My lifetime ministry goal is to open a sober living home for women that is Christ centered. I have a passion to work with those feeling enslaved to their addiction and experiencing true freedom in the truth of Christ’s work on the cross. I hope I will always be involved in private practice in some capacity because I’m able to sit with people struggling with different issues but seeking growth and change.

Her biggest takeaway from seminary

Each day in one way, shape, or form I reach for something I learned or experienced during my time in seminary.  Dallas Theological Seminary’s motto is “Teach Truth. Love Well.” This is something the professor’s and community instilled in me since my first day on campus and I hope it is something that continues with my life and ministry. I pray that I always want to learn and teach Truth, and love others because of the deep saving love I’ve been shown through the person and work of Jesus Christ.

Upcoming Seminar Offers Basic Estate Planning

Do you need practical, useful and not overly technical information about relevant estate planning issues so that you can begin to order your estate or revisit your current plans due to changes in law or the passage of time?

Great news! This fall you will have an opportunity to get this information as part of a free six-session MidWeek class in the comfortable and familiar setting of our church. The class, entitled "Basics of Personal Finance and Estate Planning," will focus on issues surrounding financial responsibility for today’s Christian family.

The purpose of the last two sessions, which will be held on November 7 and 14, is to present ways for those attending to plan their family’s affairs in such ways that will avoid undesired financial, legal, and tax problems, and to clearly explain the vehicles that provide solutions to their goals. Local attorneys with expertise in these fields will conduct the sessions.

November 7th Session
This session is designed to provide a basic understanding of legal terms and the purpose of legal documents so that attendees may be conversant with their professional advisors and make informed decisions.

Topics covered include:

  • Wills

  • Trusts

  • Powers of Attorney

  • Basic Federal and Tennessee Estate Planning

  • Living Wills

  • Lifetime Gifts and Transfers

November 14th Session
This powerful presentation is designed to identify the key issues surrounding estate planning and in doing so, educate and motivate attendees to take appropriate action.

Topics covered include:

  • The changing world of estate planning and taxes – things you need to know

  • Estate planning challenges every family must face

  • Top 10 mistakes most families make

  • Brief history of the death tax and where it is going

  • Issues Congress must confront

  • How assets pass at death

  • Issues we must confront as we get older

Be on the look out for the entire six-week description in the fall MidWeek brochure soon. You don’t want to miss this series!

Foundation Newsletter, May 2018

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Meredith Fox Fund Benefits a 2PC Family 

Kamba Samuel, a senior who will graduate later this month, and his younger brother, Asu Banga, a tenth grader, both graduates of Binghampton Christian Academy (BCA), are experiencing the joy of a top-tier Christian education at Evangelical Christian School courtesy of the Meredith Ashley Fox Memorial Scholarship Fund.

Established by the Second Presbyterian Church Foundation in December 2009 through an initial planned gift of $100,000 by Antoinette and John Good, the Meredith Fox Scholarship Fund is in memory of Meredith Fox, who attended ECS as a freshman.  Meredith is the daughter of Roy and Terri Fox and sister of Roy and Margaux Fox, all Second members. Since the Meredith Fox Fund was established in 2009, approximately 100 families have given more than $169,000 to the Fund. At this time, the Fund’s growth is sufficient to allow two BCA graduates to attend ECS at the same time. A goal is to have one BCA student in every grade of the high school level.

Kamba Samuel, son of long-time second member Flora Banga, entered ECS with the support of the Meredith Fox Scholarship as a ninth grader in 2014. While at ECS, Kamba has played football all four years. He has maintained a solid grade point average as a student-athlete. According to Kamba, through football he has made great Christian friendships that will last a lifetime. Kamba has had several knee injuries playing football.  Reflecting on his injuries, Kamba says “there are times when you are down, but I have learned you can’t give up.”

When asked how ECS has prepared him for college, Kamba responded: “I know when I go to college, not everyone will believe like I do or have the same values. My ECS education, particularly my senior Bible class with Mr. Brink, has really caused me to think about what I believe. It is not just a Sunday morning thing; bringing Christ and my faith into my daily life is important. I want to practice Christian apologetics when I get to college.”

Kamba has been accepted to a number of colleges including Mississippi State, University of Memphis, Ole Miss, CBU, Union University, and UT Chattanooga. He worked on scholarship and financial aid applications, which were important in his ultimate decision to attend the University of Tennessee Knoxville. He will take his first year of classes through UTK’s bridge program administered through Pellissippi Community College, while otherwise living on the UTK campus and becoming involved in campus life. Kamba knows that college will be hard, but he says his ECS education has prepared him well for the challenge, both academically and from a Christian worldview perspective.

Asu Banga, Kamba’s younger brother and Flora’s middle child, is the other recipient of the Meredith Fox Scholarship. A sophomore at ECS, Asu played basketball and was a soccer manager as a freshman and again this year.  Asu would like to play football in his junior year.  When asked about his basketball experience, Asu says, “Basketball has helped me make friends and has motivated me to try to keep my grades up.” Asu also likes how the Christian faith is an important part of every subject, and that has taught him to care more about his faith. Asu also enjoys being called “little Kamba” on campus, because Kamba has been a good role model for him.

The Meredith Fox Scholarship Fund is an example of the Foundation’s impact within our city. Kamba Samuel, when asked what the scholarship has meant to him, stated “I would never have had the opportunity to attend ECS without the scholarship. My parents haven’t had to worry about my brother and me getting a good education. The scholarship has been a real blessing to our family.”

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20th Anniversary Dinner Highlights

On April 6, more than 275 individuals gathered to be informed on the extent of the ministry impact that our God has clearly enabled through the Second Presbyterian Church Foundation during its first 20 years and to give Him the praise for His mighty works. God provided the vision for the Foundation and moved among this congregation to carry out the vision. Without either the vision or the response, the ministry impact would not exist.

The evening began with remarks and an invocation by Carson Weitnauer, a former seminarian supported by the Foundation to attend Gordon Conwell who now works for Ravi Zacharius International Ministries. Chairman Rick Moore provided a 20-Year Review. He and Vicki Simmons, Foundation Executive Director, recognized Monte Weaver for his 22 years of service to the Foundation (see below).  A video was also presented that highlights the works accomplished through various ministry partners.

Dr. J. Ligon Duncan, Chancellor and CEO of Reformed Theological Seminary, spoke on Generosity for God’s Global Glory.

George Robertson introduced Dr. Duncan and also closed out the evening event. His comments regarding the Foundation focused on the fact that with well over $25,000,000 granted to date, this endeavor of making the Gospel visible through the Foundation is one that no one among us and apart from each other could do on such a scale.

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Monte Weaver – Thank You!

Monte Weaver has provided 22 years of service to our church and our Lord in what we now call a successful enterprise — The Second Presbyterian Church Foundation. He has done it all. He helped envision it, shape it, develop it, and grow it, always listening to and working collaboratively with others. He has challenged those around him to always think strategically no matter the topic and to always keep true to the missional plumb line.

His ready response when explaining the passion he exhibits for the spread of the Gospel is what the Lord has done in his life. He is an inspiration for service solely motivated by the joy for the Lord.

The Foundation Board adopted a resolution that was presented to him by Chairman Rick Moore at the 20-year celebration event. The photograph above was taken at the event and includes (l to r) current Chairman Rick Moore, Senior Pastor George Robertson, and former Chairmen Monte Weaver and Smoky Russell.


CGA Payout Rates To Go Up

There is good news regarding rates for Charitable Gift Annuities. The American Council on Gift Annuities (ACGA) has just announced that new suggested maximum rate schedules will be effective July 1, 2018.

The Foundation uses the ACGA rates when it issues charitable gift annuities. The ACGA provides actuarially sound suggested maximum CGA rates that balance the dual objectives of an attractive payment stream for the annuitant and a good gift for the charity.  

The ACGA has been promoting responsible philanthropy since 1927 and has a long and distinguished record in this area. It is recognized by charities, donors, state insurance departments, and the IRS as serving the best interests of all parties. 

The rates will be rising by 0.30% to 0.50% for those ages where most annuity contracts are issued. The new rate schedules are to be published by ACGA in mid- May. Be on the lookout for specific information or email Vicki Simmons.

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Questions about the Foundation?
Contact vicki.simmons@2pc.org
or visit the 2PC Foundation online