…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.
|
Historic Pohick Foundation, Friends
of Pohick, Pohick Inc.
|
Pohick Endowment Fund, Endowment Fund
|
Purpose
|
To identify and address areas requiring
immediate maintenance (inadequate fire suppression program), and
long term demands (100 yr old roof).
|
To ensure a permanent income to Pohick
to support specific Church activities such as Outreach, Christian
Education, Youth Programs, etc.
|
Typical Activities Funded
|
Recent projects include lightening
ground rods and renovating Church doors.
|
Principle held in perpetuity with 5%
of annual interest applied to above activities. Vestry decides
amount applied to the activities.
|
Focus of Funding Sources*
|
Sources interested in preserving and
advancing Pohick’s historical significance, including foundations,
and individuals.
|
Planned gifts, such as gifts of appreciated
securities, bequests made in a person’s will, or charitable
trusts provided by parishioners.
|
Management Structure
|
An incorporated entity that is entirely
separate from Pohick Church. However, the Vestry must approve the
efforts undertaken.
|
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.
|
Current Chair
|
William Wrench, wbwrench@cox.net
|
Debbie Halla, debbiealbert@hotmail.com
|
*Overlap of funding sources exists. Contact current
Chair to make contribution.