Generosity coupled with the convictions of compassion and justice have been hallmarks of Presbyterians who engage the Foundation every year. This past year has been a testament to those special strengths and qualities of our community. We are honored to announce that the Foundation received an astonishing $138,614,547 in new gifts in 2023. This achievement stands as the second highest amount received in our 225- year history. Accomplishments like that speak volumes of our donors’ collective commitment to significantly enhance their congregations and ministries, as well as mission efforts around the globe.
The shift towards online giving in particular has seen remarkable growth, a tool that we initiated for churches and ministries several years before the COVID pandemic in 2020. With more than 250,000 donations coming through our giving portals last year, the volume of gifts processed through online giving has been nothing short of astounding. This is an average of about 685 transactions per day. And we never forget that each one highlights the trust placed in us at the Foundation to effectively steward your gifts.
Even more exciting to me has been the momentous milestone of surpassing the $1 billion mark in funds distributed to mission and ministry since 2010. Imagine that. Over $1 billion has been poured out nationally and around the world, often in desperate situations, to transform countless lives of people and communities through the power of God’s love in action – and all because of your generosity and faithfulness.
Our commitment to serve you and the wider church remains steadfast. Your faithfulness inspires me and our whole staff daily. It motivates us to dream big with you as, together, we plan a future to share the love and teachings of Jesus Christ that have enriched us all.
Thank you for another year of your support and trust in the Presbyterian Foundation, and for all you do in your congregations, your communities, and worldwide to tangibly share God’s love with magnificent impact.
Grace and Peace,
Rev. Tom Taylor, J.D., Ph.D., President and CEO
Our Ministry Relations Officers are your first contact with the Foundation. Our team members are dedicated Presbyterians who know how to use the right combination of fundraising tools for each church’s unique community. They have the experience to provide guidance and leadership on matters including church finances, generosity, stewardship, planned giving, and much more. Every year hundreds of pastors, leaders, and church members rely on our Ministry Relations Officers, and you can, too. Find your Ministry Relations Officer for your region at www.presbyterianfoundation.org/mro.
MADE BY MINISTRY RELATIONS OFFICERS IN 2023
Planned Giving
Foundation 101
Online Giving
Investments
Stewardship
We have a deep level of experience with church property. In fact, since 2012, we’ve helped more than 1,400 churches figure out what God would have them do next through Project Regeneration.
We’ve walked with churches as they realized they had more buildings than they needed – or when they decided merging with another congregation would honor God’s call for their church. For others, the most faithful decision may have been to close, or to sell their property and use the proceeds to support causes they love in their community and around the world in perpetuity.
We continue to work with congregations, ministries, camps and conference centers, and more, as each one seeks to faithfully steward assets entrusted to them.
Distributed
to Mission
Gifts Received to
Donor-Advised Funds
Total Gifts
Received
Assets Serviced
Total Number
of Donors
Total
Beneficiaries
Numbers reported as of 12/31/23
Evergreen Presbyterian Church in Memphis sold its building and moved into a storefront almost a decade ago as part of Project Regeneration. It has freed the church from the burden of a too-large building to focus on community involvement. “It’s something really incredible that we’re getting to do and be here,” says Rev. Patrick Harley, pastor. “I’m grateful the members of this church were bold enough to take that leap."
We support mission and ministry through conscientious financial management and investments that are consistent with Presbyterian values. Guided by the call for faithful stewardship, the Presbyterian Foundation and our subsidiary, New Covenant Trust Company, focus on enhancing societal and environmental impact through three socially responsible investment strategies: screening, shareholder advocacy, and transformational investing.
Total NCTC Assets
Under Management
Stewarded by
the Foundation
New Gifts &
Investments
(includes $84M in New
NCTC Assets Under Management)
Total Assets in
New Covenant Funds
Numbers reported as of 12/31/23
Introduced more than a decade ago, the Presbyterian Foundation’s online giving program became a vital way for congregations to receive gifts during the pandemic. The availability of the tool long before it was critical helped many congregations transition more easily to an online format. Those who wanted to add online giving were able to do so with the help of our Ministry Relations Officers and operations team.
Dollar Amount of Gifts
Number of Gifts Received
Number of Churches and Ministries
Using the Online Giving Platform
The gift count and total dollars received shown above are gifts made to Ministry Partnership Funds using the online giving platform.
Since the fall of 2022, the Presbyterian Foundation has gathered groups of Millennial and Gen X pastors to explore their own ministry settings, leadership skills, and spiritual growth. Together the pastors celebrate worship, build relationships, share best practices, and learn more about the resources of the Foundation.
Rev. Jessica Tate, a Foundation consultant, has led five of these gatherings since the program’s inception. During that period, 140 young pastors across the Presbyterian Church (USA) have participated. The Foundation invites a new group of approximately 30 pastors to each gathering, which are held in geographically diverse locations all over the United States. Pastors can remain in a cohort virtually for six more sessions, held every two weeks, to learn from each other and from Foundation staff.
Pastors who have attended have expressed their gratitude for the program, which is led by Rev. Dr. Glen Bell, Senior Vice President of Development at the Foundation.
Pastoring can feel apocalyptic sometimes - “The church is dying,” “The church needs
to change,” etc. Sometimes those conversations feel entrenched in ecclesial scarcity.
This scarcity has - at times - lingered longer in my psyche than the actual difficulties
we face. Thank you for providing the opportunity to find sparks of hope, creativity,
and resilience in my colleagues.
- Young Pastors Program Participant
I really, really appreciate what the Presbyterian Foundation is doing for us and our churches! This gathering fills a critical gap in the care and development of us pastors.
Our experience in stewarding gifts from our fellow Presbyterians is unmatched. Endowments afford donors the ability to express their faith and establish enduring legacies that will be celebrated by future Presbyterians for generations to come.
As of December 31, 2023, we held more than $1 billion in 7,200 endowment funds that will support churches, schools, ministries, seminaries, and more — far into the future.
Photo by Gregg Brekke
Connection is a core value of the Presbyterian Church (U.S.A.). Both individual Presbyterians and congregations gather together in mission to accomplish far more than they could separately. As a trusted partner in funding mission, the Presbyterian Foundation plays a unique role in helping these ministries accomplish the mission to which God has called them.
Presbyterian Church (U.S.A.), A Corporation
Presbyterian Church (U.S.A.)
Presbyterian Mission Agency
Office of the General Assembly
Presbyterian Historical Society
Board of Pensions
Presbyterian Investment and Loan Program
Presbyterian Publishing Corporation
Presbyterian Women
National Ghost Ranch Foundation
Jarvie Commonweal Fund
Theological Education Fund
Horizons Stewardship
Stewardship Kaleidoscope
Assistance Programs of the Board of Pensions
Bright Stars of Bethlehem
Camino (Czech Republic)
Cook Native American Ministries Foundation
Evangelical Theological Seminary in Cairo, Egypt
Friends of Forman Christian College in Pakistan
Gambell Presbyterian Church
God’s Hidden Treasures
International Museum of the Reformation
Jinishian Memorial Program
Living Waters for the World
Museum of the Reformation
National Association of Korean Presbyterian Churches
Near East School of Theology
Wycliffe Bible Translators
Photo by Gregg Brekke
Front row:
George Philips, Bridget-Anne Hampden, JB Im, Wonjae Choi (Chair), Kathy Trott (Vice Chair), Diane Givens Moffett (ex-officio, Presbyterian Mission Agency Executive Director), and Paul Baldasare
Back row:
British Hyrams, Sam Muse, Susan Rose, Neal Presa, Greg McCoy, Jason Ko, Claire Rhodes
Not Pictured:
Victor Aloyo, Kathy Lueckert (Ex-Officio, Presbyterian Church (U.S.A.), A Corporation), Eric Osborne, Kerry Rice (Ex-Officio, Representative for the Office of the General Assembly), Jenny Saperstein, Wes Scovanner, Shannan Vance-Ocampo (Presbyterian Mission Agency/Board Liaison)
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