FCC Foundation » First Christian Church

First Christian Church Foundation of Lincoln, Nebraska was formed July 31, 1964, for the purpose of obtaining and investing funds to support the work of the church. Funds come to the Foundation in the form of memorials, endowments, bequests and gift annuities and, unless otherwise directed, become part of the permanent endowment fund and only income from the investments can be used for support of FCC programs.

Assets grew slowly from the initial $5,000 but in the 1980’s grew substantially with a variety of gifts including the first annuity and a bequest of $300,000. As of June 30, 2018, endowment funds received totaled $1,711,803.63. The bulk of the funds were undesignated and the remainder included the Pekar Fund, the Arnold Fund, the Hac Fund, the McMaster Fund, the Wood Fund and the Hofmann Fund. By March 31, 2018, the Foundation had given $1,550,136 to the church operating budget and major contingency fund. A variety of projects were underwritten by the Foundation but in 1992 the Foundation Board voted not to use earnings from the undesignated funds for matching gifts or donations to special causes. The FCCF votes annually to contribute to the church budget, the current contribution for 2018 being $19,800.