Our annual pledges and weekly offerings help with the week-to-week operations and missions of this church.
But it is the long-term planned giving that builds a strong foundation for future generations of DPC. While such a gift may not have immediate impact on our ministry, such gifts will bless the ministry of our church in the years to come.
The 1855 Fund
“. . . they voluntarily gave according to their means, and even beyond their means, begging us earnestly for the privilege of sharing in this ministry of saints ...” 2 Corinthians 8: 3-4
The purpose of the Fund is to ensure a dynamic advancement of the Kingdom of God through gifts and bequests. These funds are intended to be permanent and non-permanent funds that will grow and give birth to programs and projects that will perpetuate the teaching of Jesus. We will find great joy in the active planning, giving, reporting and celebrating of our Christian faith upon the charge that Jesus gave us in the Great Commission.
The 1855 Fund will receive and hold gifts from members and friends of Darnestown Presbyterian Church. These gifts should not be made or received in lieu of gifts to the Annual Budget of the Church. They should be made and received with a commitment to the long-term mission of this Church and the Greater Church.
There are two different funds within the Darnestown Presbyterian Church 1855 Fund. The Ministry Enhancement Fund is for staff support, Christian Education, mission support, etc. The Capital Endowment Fund is for extraordinary capital needs of DPC. We worship in a very special, historical sanctuary that does require care and maintenance.
MINISTRY ENHANCEMENT FUND
The Ministry Enhancement Fund sprang from the Knighten Fund which was started to support the associate pastor position at the Church, and later expanded to support various ministries of Darnestown Presbyterian Church. Session-approved programs would include staff support, Christian education, mission support, music ministry and other special programs.
THE CAPITAL ENDOWMENT FUND
The Capital Endowment Fund will be primarily used for extraordinary capital needs of the Darnestown Presbyterian Church property and grounds, and occasionally special mission programs and outreach. It is expected that generally the income from investments will meet these needs, but Session may approve the use of the principal of the Endowment Fund for especially large or important projects.
Donors are encouraged to place their gifts into the Ministry Enhancement or Capital Endowment funds. There may exist special circumstances when a donor makes a restricted gift to one of the two funds. In this case the donor will be asked to sign an agreement that would allow the funds to be used for something other than the original purpose if it is shown that the original purpose no longer serves the Mission of Darnestown Presbyterian Church.
DIFFERENT WAYS TO PARTICIPATE IN LONG-TERM GIVING
Cash: You may make a single gift, a gift each year, or a pledge over several years.
Bequest in Will: “I give and bequeath to Darnestown Presbyterian Church with offices at 15120 Turkey Foot Road, Darnestown, MD 20878, the sum of $ (and/or securities or property described herein, name, __________), for the Darnestown Presbyterian Church 1855 Fund.
Charitable Gift Annuity: This is an irrevocable gift that is invested, and the donor would receive a guaranteed payment for life based on the donor’s age at time of the gift and the amount of the gift. At the donor’s death, Darnestown Presbyterian Church would receive the residual value of the annuity.
Deferred Payment Gift Annuity: The same as a Charitable Gift Annuity; however, payments are made at a predetermined future date after the first year. The longer the delay between gift date and payment date, the higher the payments and the charitable deductions.
Trusts: Revocable and irrevocable trusts and other financial and estate planning devices can benefit you and eventually Darnestown Presbyterian Church.
Insurance: An existing or a new insurance policy may be donated. Darnestown Presbyterian Church can be designated as the primary, co- or contingency beneficiary of a policy.
Stocks, bonds, real estate: Property that has appreciated allows a tax deduction for the current market value and may reduce tax on the capital gains.
FOR MORE INFORMATION
If you would like to talk to someone about a gift to the church, please contact one of the pastors or one of the Elders listed below. Please pray and consider being a role model for a long-term gift for Christ’s mission here at DPC. May we always be filled with gratitude for God’s blessings and faithful stewards of them in this life and the life to come.
David J. Durham 301-963-5123 email@example.com
William Amick 301-977-7144 firstname.lastname@example.org