Give
There are three ways to give: Budgeted Benevolences, Non-Budgeted Benevolences, and the New Hope Foundation.
Budgeted Benevolences
The Presbytery of New Hope makes asking requests
based on the benevolent giving of its member congregations and ministries. Through these connectional contributions, the Presbytery of New Hope participates in the per capita* giving through the Synod of the Mid Atlantic and the PCUSA.
Those benevolences which can be used to fund the mission budgets of the Presbytery, Synod, and General Assembly. These benevolences are credited against the church’s benevolence acceptance.
- General Assembly & Synod Per Capita-is used to fund the administrative expenses of the General Assembly and Synod.
- Presbytery Unified Mission Giving-These undesignated funds are distributed through the Presbytery and its annual budget, per an approved percentage distribution formula, approved by the Presbytery.
- Other Planned Giving- These funds are used to support specific items in the mission budgets of the Presbytery, Synod and General Assembly, as specified by the donor.
*What is per capita?
In essence, per capita is a set amount of money (apportionment) per member that congregations pay to the larger Presbyterian Church (U.S.A.). Every Presbyterian shares in the benefit of the PC(USA)’s system of government, so every Presbyterian is asked to share the expenses associated with coordinating and performing the functions of that system.
Per capita exists as a way for all Presbyterians to share costs that belong to the whole church, to give meaning to the interdependent nature Presbyterian polity. Per capita is part of the glue that holds Presbyterians together. It exists to allow the whole church to share equitably in those things that make us Presbyterian.
Read more about per capita from the Office of the General Assembly
Non-Budgeted Benevolences
Those approved benevolences are used to support specifically named causes which are over and above the mission budgets of the Presbytery, Synod, and General Assembly. These benevolences are not credited against the church's benevolence acceptance.
- Mother's/Father's Day
- Union Seminary
- Thanksgiving
- Theological Education Fund
- Other
- Special Offerings of the PCUSA
The PC(USA)’s four church-wide Special Offerings help share Christ’s love with millions of people around the world. These offerings have an incredible local impact on the missions and ministries of our presbytery and its churches!
- Hunger Fund-Special offering to support local hunger projects
Our benevolences (both budgeted and non-budgeted) are not possible without your contributions to the Presbytery Unified Mission Giving fund. However, to fully realize these goals, we need your continued support. Your ongoing support is crucial to our ability to provide the services and programs that matter most. Every gift—no matter the size—helps us move closer to our shared vision. Thank you again for your generosity and dedication to The Presbytery of New Hope!
The New Hope Foundation
An endowment is a gift of a portion of a person’s life that will eternally keep the light of God alive in the world.
Christians literally “make memories” when they remember the work of the church in their wills and through their bequests.
Purpose
- To cultivate memorial gifts, bequests, and other contributions to be used in the ministry of the Presbytery of New Hope and churches within the Presbytery.
- To receive and invest such gifts and bequests, and to apply them as directed by the donor.
- To educate the Presbytery concerning the opportunities for Christian Stewardship through deferred giving.
- To extend the opportunity of Christian outreach in the Presbytery beyond that now afforded by the annual benevolence budget of Presbytery and local congregations.
Goals & Objectives
- To encourage gifts to meet capital needs of new church development and camps.
- To promote wills as a means of giving to the church and its mission.
- To provide promotional literature explaining ways the Presbyterian Foundation funds mission through wills, bequests and gift planning.
Endowments
Listed below are existing endowments that are already set-up and funded:
- Albemarle Pier Fund
- Virgil Ashbaugh Fund providing income to support Camp Albemarle program needs
- Cora Harrison Fund providing income used to supplement the income of disabled ministers in The New Hope Presbytery
- Maryland Hickerson Fund providing income for missionary support in Africa
- Enoch Kearney School Fund provide scholarships for seniors at Rolesville-Wake Forest High School
- McNair Trust Fund Quasi-endowment fund designated for church development
- Helen Mozingo Fund provide scholarships for education and renewal to small church pastors and lay people in the Presbytery of New Hope
- Mary Smith Fund providing loans to support candidates for ministry
- Stone Estate Fund providing a principal amount used to provide loans to churches secured by a first mortgage on real property as well as income for church development in the Presbytery of New Hope
- Jesse Lee Thomas Fund an educational trust for the benefit and use of candidates for ministry in the Presbyterian Church
- D.P. Faust Estate provides assistance to weak churches having financial difficulties
Gift Planning
Listed below are suggestions of how people can give:
- Charitable Gift Annuity provides the donor guaranteed payments for life at a rate based upon the donor's age when the gift is made.
- Charitable Remainder Unitrust provides for separate investment of the gift and for income payments at least annually to one or more living beneficiaries.
- Revocable Life Income Plan provides income for the life of the donor. After the life of the donor, the gift becomes irrevocable and may continue to provide income to others or to support the work of the church.
Wills and Bequests
The advantages of a will and the reasons for making one are compelling: A will guarantees that your assets will be distributed exactly as you want rather than distributed at the discretion of the state. The well-being of your loved ones will be assured, and the causes that mean the most to you can be supported.
A donor can designate a portion of life insurance, IRA, or mutual funds to provide a gift for a donor’s mission interest; donor has to execute a ‘change of beneficiary’ form.
Donors should consult legal advice when formulating a charitable gift; and consult the Presbytery office or your church about receiving the gift.
The Presbytery of The New Hope Foundation is administered by the Finance and Property Committee. For information information, please contact the Finance Office of the Presbytery of New Hope.