St. James Parish Foundation
The St. James Parish Foundation was established in 2003 with the mission of supporting the needs of St. James Parish’s wonderful and historic church campus in perpetuity. The Foundation supports its mission by providing financial contributions to the Parish through targeted distributions for capital or specific campaign-related needs. Those contributions are through the assets that have been so generously donated to St. James Parish over the years by its’ congregation. The St. James Parish Foundation is essential to the vitality, growth, stability and success of our parish. Its grants support the mission of the Parish, consistent with priorities established by the Vestry and the Rector.
The Foundation is comprised of 12 board members (10 lay and 2 Vestry members) who are elected by the congregation and serve 3-year terms. Vestry Directors serve a one-year term and are determined by the Vestry. The investments of the SJPF are managed by an outside professional investment firm with concentrated efforts to appropriately manage and grow the Foundation assets.
- John Sloan, President (2021)
- Ned Murchison, Vice President (2019)
- Patti Jenkins, Secretary (2021)
- David Mann, Treasurer (2019)
- Jane Tatum (2019)
- Lee Williams (2020)
- Bruce Chappell (2020)
- Connor Keller (2020)
- Claire Parker (2020)
- Sarah Matheny (2020)
Since inception, the Foundation has been able to grow its’ asset balances by an average of 4.71% per year. In turn, the Foundation has provided contributions to the Parish at an average annual rate of 1.74%, with total contributions of almost $700,000. Contributions are based on requests from the Parish Vestry and through a concerted effort to only fund distributions through realized gains.
The Foundation is a 501(c)3 organization and gifts can be made to the Foundation either through cash donations or through Estate planning. To discuss making a gift to the Foundation, please contact a Foundation Director or the church office. Thank you for contacting us!
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