Our Purpose

The purpose of the Foundation is to extend IPC’s ministries through the use of endowments. The Foundation currently manages $68.3 million in assets and is one of the largest foundations in the Presbyterian denomination. Two funds, the Beeson and Meyer Funds, are closed and don’t accept new donations. The 43 unitized funds, however, do accept donations from individuals, primarily church members. Undesignated donations go to the Covenant Fund to support IPC and/or the Felix Yarboro fund to support service to the community. Also, the Henry M. Edmonds Society recognizes those who have named the IPC Foundation in their wills.

There are four committees in the IPC Foundation: grantmaking, finance, development, and governance. In addition, a liaison committee reports to the Session on Foundation matters.

Here are the IPC Foundation details from last year.