About the MIPC Foundation
Origin & Purpose
The MIPC Foundation is the endowment arm of Mercer Island Presbyterian Church (MIPC). It was established in 1991 to expand and enrich mission partnerships and the congregation's endeavors to further the Church's calling to live out God's love in the world. The Foundation’s purpose is to encourage, receive, and manage gifts to the endowment.
Mexico Women's Trip (2017). The MIPC Foundation supports Doxa, one of our global partners that works with communities in east and west Tijuana to build homes and provide educational opportunities.
Foundation Assets
Thanks to the generous support of members and friends, the Foundation's endowment exceeds $1 million. The Foundation’s investment strategy reflects a balanced approach consistent with endowment funds of this nature, with an allocation of about 50% stock and 50% bond investments. Comprised of both undesignated and designated funds, the undesignated fund represents approximately 88% of the total Foundation assets, while the designated fund represents approximately 12%.
The Foundation cares about this world. Environmental, Social, and Corporate Governance (ESG) funds make up almost half of the investments. These funds focus on sustainability and social impact of a company or business.
The MIPC Foundation helps provide financial support to Youth Care, one of our local partner organizations that is working hard to eliminate teen homelessness.
How Foundation Giving Works
The Foundation makes distributions to the Local/Global Partnerships Committee (Missions) equal to about 3.5% of the investments’ value annually or .875% quarterly. The funding is used to enhance MIPC’s work in the world, in fulfillment of Christ’s calling to serve others.
The distributions have allowed for impactful and ongoing support of our local and global partnerships that otherwise would not have been possible, including the following :
Assisted Leschi Elementary School in providing families who are experiencing food insecurity, have a Thanksgiving Meal, as well as help with rental assistance, and gifts cards for essentials.
Helped purchase and fill over 250 backpacks for Friends of the Children, an organization that provides mentorship to kids experiencing poverty and/or who are in the foster care system.
Funded scholarships and after school tutoring to children in Tijuana and Vietnam.
Provided Youth Care with additional financial support as they serve Seattle’s homeless youth.
Provide financial support to our partners in Vietnam who put it toward education, housing and medical care for some of the poorest villages in Vietnam.
Helped Plymouth Housing purchase a van to transport residents to medical appointments and other social services.
Through the generosity, care, and commitment of MIPC and the MIPC Foundation, we are able to support and serve these incredible partners and participate in God’s love for the world.
Each year, MIPC provides over 200 backpacks for school-bound kids, in partnership with the Friends of the Children organization, an effort supported in part by the MIPC Foundation.
Giving to the Foundation
There is so much need right now and so many ways the Foundation funds are being used to bless the world. Additional contributions will help to extend the reach and increase the impact.
For more information on the Foundation or if you have interest in donating, email: MIPCfoundation@MIPC.org or call (206) 232-5595.
Thank you to all current and past donors and supporters of the MIPC Foundation. Your contributions continue to make a difference.
Foundation Committee Members
The Foundation Committee is composed of MIPC members along with representation from pastoral leadership. Members are selected by the nominating committee annually as vacancies occur. Current members are Bob Jirsa, Lindsay Murphy, Paul Nicely, Keri Ellison, Stuart Scarff, Emily Mills and Ben Beaudoin
Click here to download a printable information packet about the MIPC Foundation.