Endowment gifts provide a reliable source of income that enables PHFC to make long-term investments in highly trained staff, deliver essential programs to children and families in need, and offer evidence-based opportunities that empower individuals to thrive for generations to come.
An Enduring Legacy at PHFC
Your legacy can live on through an endowed fund at PHFC through the Presbyterian Foundation, supporting children and families for generations to come. Endowed funds are invested in perpetuity, with annual distributions used to sustain PHFC’s mission.
Why Create an Endowed Fund?
- Celebrate your values or honor a loved one.
- Provide lasting support for PHFC’s work.
Join a tradition of generosity dating back to 1868 when the Presbytery of Alabama voted to create the Home to take care of the least of these (Matthew 25).
Family Fund Opportunities
PHFC welcomes newly created family funds into its permanent endowment with a minimum commitment of $25,000. These funds may be designated in one of two categories:
- General Endowment: Income is used where it’s needed most, without restrictions.
- Infrastructure Endowment: Supports campus beautification, staff development, software, program innovation, and business operations—preserving PHFC’s living history.
Flexible Giving Options
You can establish an endowed fund:
- During your lifetime
- Over time, through incremental gifts
- Through your estate plans
Many donors start with modest contributions and grow their fund through wills, trusts, or other planned gifts.
Ways to Fund Your Endowment
- Retirement Plans: Name your fund as a beneficiary of your IRA, 401(k), or pension—an easy, tax-wise option.
- Beneficiary Designations: Assign your fund as the beneficiary of bank or investment accounts, or life insurance policies.
- Charitable Bequests: Include your fund in your will or trust by specifying a dollar amount, percentage, or residual portion of your estate.
Please let us know if you have named PHFC as a beneficiary on any of your accounts or distributions. We would love for you to submit a Gift Intention Form so that we can know for our planning purposes and to properly thank you.
We invite you to learn more about the importance of endowment giving. We’ll guide you through the process and create an agreement that reflects your intentions. Contact Suzanne Cornett, Director of Development – scornett@phfc.org or 256-362-8284.
