Central Presbyterian Foundation Of

“A.the foundation has members, consisting of members of the session of central presbyterian church, including those elders designated as elder- trustee members, the pastor of central presbyterian church who serves as an ex-officio member, the treasurer of central presbyterian church who serves as an ex-officio member, and all persons who have pledged to make contributions to the foundation qualifying them to be members.”

“Election of members and their rights the foundation is governed by a 10-member board of directors consisting of two members of the session of central presbyterian church, appointed by that body, three members of the session of central presbyterian church, elected by the congregation of central presbyterian church to serve as elder-trustees, and seven directors representing foundation sponsors, elected by the members of the foundation. In 2022, there were only 10 actively participating directors. Central presbyterian foundation of lafayette, indiana, is a separate 501 (c)(3) organization, incorporated in 1956, exclusively to promote the religious, charitable and christian education purposes of central presbyterian church. Foundation sponsors are those who have contributed or pledged to contribute at least 1,000.00 over a ten-year period. Sustaining principal sponsors are sponsors who have made two or more consecutive annual contributions of at least 1,000.00. In 2022, the foundation was governed by a ten-member board of directors: elder-trustee directors joe riley, deb hester, and jill clausen, foundation sponsor directors kathy meeks, pat egan, pris gerde, dave luhman, kevin riley, tom walter, and john mcbride, pastor lucia oerter, pastor wil reinowski, and church treasurer john martin served as non-voting ex-officio members. W. H. Butch hancock, russell h. Hart and fred ford were recognized as directors emeritus.”

“The foundation provides a copy of the form 990 by email to each director with sufficient time for review prior to filing, and notifies each director that the form 990 will be filed as distributed unless an objection or question is raised prior to the date of filing. If an objection or question is raised, the form 990 will not be filed until adoption of a formal motion approving the filing thereof by the board of directors.”

“The foundation has a written conflict of interest policy, which requires annual disclosure of interests that could give rise to conflicts. The policy and individual disclosure statements are reviewed annually.”

“In addition to being available on guidestar. The form 990 will be retained at 250 main street, suite 601;lafayette, in 47901. Copies of all governing documents, financial statements, and corporate minutes reflecting adoption of its conflict of interest policy and procedures are available for public inspection at the offices of the foundation, 31 n 7th street, lafayette, indiana.”

“CHANGE IN FUNDS 622,551”