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; only income from the investments can be used for support of FCC programs.

Funds are invested currently with Morgan Stanley Financial Services. 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; gifts received since then have brought the value of the Foundation as of December 31, 2024 to $1,058,681.00. Approximately two-thirds of the funds are undesignated and the remainder include the Pekar Fund, the Arnold Fund, the Hac Fund, the McMaster Fund, the Wood Fund and the Hofmann Fund which specify usages. The FCCF allocates undesignated fund income annually to the church budget; 2024 contributions totaled $25,000.