Presbyterian  Foundation

Presbyterian visionaries determined in 1799 that an entity was needed to ensure that the long-term financial interests of the Presbyterian Church would be safeguarded. They also realized the need to develop additional monies for mission. The result was the establishment of a corporation now known as the Presbyterian Foundation.

The Foundation has carried out the charge of the 1799 General Assembly by soliciting from individuals and congregations, “pious donations and bequests in order to supply the funds which are absolutely necessary to carry on with advantage the great and charitable work” of the Church.

From such humble beginnings over 200 years ago, the Presbyterian Foundation is charged by the General Assembly with the responsibility and accountability for raising money, and today, through New Covenant Trust Company, providing trust and investment management services, for the mission of the entire denomination.

With assets of $1.6 billion, the Presbyterian Foundation stands as one of the largest religious foundations in the United States.