

TPC's Joseph Fund
What is it?
The Joseph Fund was formed to provide a special giving opportunity for members and friends of TPC, to donate money or assets towards the long-term operating costs of TPC.
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Why was this fund established?
In Genesis 41, Joseph made long term plans to set aside a portion of the abundant harvest to support future years of famine. TPC’s leaders desire to set aside funds to provide for future ministry and the reduction of future operating costs.
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Should I give my regular offerings to support the Joseph Fund?
No. Only special gifts (cash or check), gifts of securities, or estate assets should be considered towards the Joseph Fund. Gifts of stocks or bonds are also welcomed. Contributions to the fund should not replace regular offerings, as this would potentially reduce TPC’s critically needed annual budget receipts. Estate gifts may be directed towards this fund by your will or trust document, or by making TPC a beneficiary on your life insurance policy or annuity.
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How do I make a special gift towards the Joseph Fund?
Giving envelopes have a designation for the Joseph Fund. Those interested in giving assets such as stocks or bonds, should contact TPC’s Executive Director for assistance. If you are considering estate related gifts, please contact either TPC’s Executive Director or Financial Deacon for a confidential meeting to discuss your desired giving needs.
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How does the fund work?
Funds are invested by established procedures overseen by the Investment Committee, a sub-committee of TPC’s Finance Committee. Once the Joseph Fund balance exceeds $50,000, the Committee will have authority to transfer growth above the balance to support the TPC operating budget. The principal given to the fund will be conserved and the transfer growth of the fund will be applied to the budget.
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By directing your gift to TPC’s Joseph Fund, your gift will remain 100% dedicated to the long-term ministry of TPC.
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