Pohick Stewardship
What’s The Difference…
…between the Historical Pohick Foundation/Friends of Pohick/Pohick Inc. and the Pohick Church General Endowment Fund/the Endowment? Good question! Both are focused on helping ensure that Pohick is around for generations to come.
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Historic Pohick Foundation, Friends of Pohick, Pohick Inc. |
Pohick Endowment Fund, Endowment Fund |
Purpose
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To identify and address areas requiring immediate maintenance (inadequate fire suppression program), and long term demands (100 yr old roof).
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To ensure a permanent income to Pohick to support specific Church activities such as Outreach, Christian Education, Youth Programs, etc.
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Typical Activities Funded |
Recent projects include lightening ground rods and renovating Church doors.
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Principle held in perpetuity with 5% of annual interest applied to above activities. Vestry decides amount applied to the activities.
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Focus of Funding Sources* |
Sources interested in preserving and advancing Pohick’s historical significance, including foundations, and individuals.
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Planned gifts, such as gifts of appreciated securities, bequests made in a person’s will, or charitable trusts provided by parishioners.
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Management Structure |
An incorporated entity that is entirely separate from Pohick Church. However, the Vestry must approve the efforts undertaken.
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Managed by Board of Trustees consisting of 5 Parish members. The Board determines investment strategy for the fund’s principal. Each year a new board member is selected to a 5-year term as a current member’s term expires.
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Current Chair
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William Wrench, wbwrench@cox.net
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Debbie Halla, debbiealbert@hotmail.com
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*Overlap of funding sources exists. Contact current Chair to make contribution.