Annual Report 2023-2024-DIGITAL - Flipbook - Page 35
FOUNDATION BOARD
Chair: Hallie Still-Caris
Strategic and Competitive Grants:
Vice Chair: Spencer Cady
Strategic grants:
Treasurer: Chris Sidwell
Strategic grants require the approval of the Church’s Executive
Committee and the Senior Pastor and are available anytime
throughout the year, subject to the availability of funds. A total
of $366,991 in strategic grants was approved for the 2023-2024
program year:
Secretary: Mickey Carlson
Staff Liaison: Jared Wortman and Jim Denman
Mission from Bylaws:
The Foundation was formed in 1979 for the purpose of soliciting
and accepting “contributions, gifts, funds, devices and bequests
of personal or real property which along with the income
therefrom, shall be held, administered, and expended exclusively
for the use and direct benefit of Plymouth Congregational
United Church of Christ and the furtherance of its purposes.”
Major Events/Achievements in 2023-2024:
Strategic Grant Description
Grant Amount
Date
Repair Waveland Elevator
$50,000
Spring
OPN Architects for Roof Drawings
$90,000
Spring
Waveland Foldable Walls
$71,191
Spring
Stewardship Challenge Grant
$150,000
Fall
Denman and Co. CPA Audit for 2023
$5,800
Fall
Total Strategic Grants
$366,991
Finances:
Competitive grants:
The Investment Committee of the Foundation, with the guidance
of professional investment advisors, manages the Foundation
assets and ensures adherence to the Foundation’s investment
policies, as approved by the Board. Each year the Foundation
spends a portion of its income on grants to the Church for
significant ministries, projects or programs. The remaining
income is invested to secure the present and future strength, and
to foster growth of the Foundation’s resources.
Competitive grants are awarded twice a year, in April and
October. The following grant in the amount of $8,300 was
awarded in October of 2023; no competitive grant requests were
received in April of 2024.
As of December 31, 2023, the Foundation’s assets totaled
$9,317,000.13, which included $2,235,766.54 in restricted
assets for the Transition into Ministry (TiM) program. An
additional restricted fund was established in 2021, the Laverman/
Sallade Fund, due to the generosity of Marlon Laverman and
Ron Sallade. The purpose of this fund is to support services to
children, youth and their families who are at high risk, i.e., those
needing food and shelter or who have other obvious basic needs,
specifically including psychological and emotional needs.
Plymouth members may make gifts to the Foundation, during
their lifetime and at the time of their death. We are grateful
for large and small gifts throughout the year, with memorial
gifts, legacies and bequests and miscellaneous income totaling
$86,003.66 (for the 2023 calendar year).
Each February, the Board establishes the funding pools for the
following grant program year in accordance with the Foundation’s
Grant Policy. The grant amounts determined for the 2024-2025
program year (and those set in prior years) are set forth below:
Grant
Funding Pool
Grant Program
Year 2022-2023
Strategic
$965,507
$240,000
$355,100
Competitive
$100,000
$10,000
$10,000
Competitive Grant Description
Grant Amount
Date
Plymouth Pridefest
$8,300
Fall
Total Competitive Grants
$8,300
Board Members:
Jan Burch
Bob Burnett
Spencer Cady
Mickey Carlson
Mickey Carlson
Nora Everett
Libby Jacobs
Chris Sidwell
Hallie Still-Caris
Beech Turner
Dave Vaudt
Grant Program Grant Program
Year 2023-2024 Year 2024-2025
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