Charitable Purpose Fund
Advancing specified Kingdom purposes.
The Charitable Purpose Fund (CPF) enables individuals, churches, and other charitable organizations to give, raise, and set aside funds to be expended only for charitable purposes proposed by the sponsor and approved by the PCA Foundation. The CPF is a versatile tool. It can facilitate grants and expenditures for ministry categories and short- or long-term project or goals, for specified ministries (including qualified foreign ministries), and for established material, educational, and other needs of individuals. The PCA Foundation owns and administers the CPF, thereby serving as the recipient of deductible contributions, objectively approving charitable purposes, securing funds only for the approved purposes, and relieving the sponsor of administrative and compliance burdens.
Defined Purpose
When you propose a Charitable Purpose Fund, you specify the ministry aims or categories to be supported — such as missions, scholarships, or community programs. The PCA Foundation ensures every grant from the fund is made for that purpose.
Flexible Structure
A Charitable Purpose Fund can operate like a traditional endowment, or with more flexible timing to meet needs as they arise, in either case spreading distributions over several years if desired. This approach can not only sustain ministry support but also increase tax savings for greater giving while avoiding unnecessary or counterproductive restrictions.
Trusted Stewardship
As administrator, the PCA Foundation owns and manages fund assets, handles compliance, and provides oversight. Donors and sponsors can be confident that funds are stewarded with integrity and deployed only for the represented purposes.
How It Works
Request a fund. Enrollment includes specifying fund purposes and restrictions.
Upon approval by the PCAF Board of Directors, make an irrevocable, tax-deductible gift of cash, securities, or other assets.
Nominate an advisor or advisory committee to recommend grants and expenditures within the stated purposes.
The PCA Foundation manages compliance and distributes funds in compliance with the stated purposes.