“I am making the very first gift to the ICCC Permanent Endowment Fund in the amount of $1,000 because I believe the Fund is important to the Council’s future.” Rev. Dr. Marion Bascom, 2003
- A fund established in 2001 to help the Council in perpetuity:
– Promote religious, ethnic and racial inclusivenes
– Encourage ecumenism with other faith traditions – Fulfill Christ’s vision “That we all be one.” - Administered by the ICCC Endowment Trustees – Six trustees serve 3-year rotating terms – 2 new each year
- Consists entirely of socially responsible investments
- Managed by the highly regarded Presbyterian Foundation’s New Covenant Trust Company
- Currently has $335,000 in equity and fixed income investments
- Includes 600+ gifts from individuals, churches & Christian organizations
- From inception through January 2019, the Fund has distributed a total of $58,474 to the ICCC
“Giving to the Endowment Fund is a marvelous way to ensure that your gift will keep on giving in perpetuity, generating support for the ICCC for generations to come.” Rev. Herman Harmelink, 2012
How does it work?
- Assets can be in one or more New Covenant Fund investment options: – Equity Funds – currently approximately 46% – Bond Funds – currently approximately 51% – Cash and Cash Equivalents – currently approximately 3
- Endowment Trustees may alter the investment mix among the four options above based upon market conditions.
- Distributions to the ICCC occur each January based on 10% of the accumulated appreciation as of June 30th of the previous year net of all previous distributions.
- The Fund’s principle cannot be touched except in an emergency. Distribution of principle requires approval of 2/3 by the ICCC Board and approval of 75% or more of delegates at the Council’s Annual Conference.
“I think the Endowment Fund will help perpetuate what the Council stands for. I have been a regular contributor to the Fund and hope to do so for many more years.” Susan Miller, 2009 Why Should I Give?
- Because the ICCC embodies the non-judgmental, inclusive values in which you believe – The Fund enables your gifts to support these values for generations to come
- To provide an enduring legacy in memory or in honor of loved ones or friends – Gifts totaling $10,000 or more can be named after a loved one or friend – Gifts totaling $25,000 or more may be designated for a specific purpose by donor
- You have the option to be in the Fund’s gift recognition program – Six current gift levels from $1 to $25,000+ – Donors with cumulative gifts of $5,000+ become members of the Burkhardt & Evans Supporters – Donors intending to make estate gifts become members of the Fund’s Guardian Angels
“Please consider pledging a gift to the ICCC Endowment Fund.” Monica Brame, 2009
How Can I Give?
- Gifts in any amount are welcome—there is no minimum
- You can give in two ways – Current gift – Planned (estate) gift
- Current Gifts – Liquid gifts, such as cash, checks, money orders and/or investment grade securities. – Non-liquid gifts, such as real estate, art, collectibles, jewelry and gems. Formal appraisals are required for all non-liquid gifts.
- Planned (Estate) gifts – Wills – Trusts (e.g., revocable, charitable remainder & living)
- Your gifts are tax deductible
“I am a strong believer in the inclusive and ecumenical values that the ICCC embodies. That is why I am making a bequest to the Endowment Fund. It will help ensure that the Council continues to promote these worthwhile values for generations to come.” Bob Harris, 2013 To make a gift to the ICCC Permanent Endowment Fund:
- Current gift
Click here to download form
- Planned (estate) gift