12/12/2024
Presbyterian Foundation makes plans for new building
by Presbyterian Foundation

The Presbyterian Foundation Board of Trustees voted earlier this year to build a new facility on its current site in Jeffersonville, Indiana, to meet the long-term needs of its growing clientele and workforce.
This decision underscores the Foundation’s continuing commitment to provide an increasing variety of excellent services and tools to help congregations, mid councils, and other constituent ministries gather, manage, and disburse funds for mission nationally and around the globe.
“The Foundation and its subsidiary, the New Covenant Trust Company, have experienced unprecedented growth over the past 15 years,” says Foundation President and CEO, Tom Taylor. “Our building served us for almost 40 years. However, after a multi-year study of badly needed renovation versus new-construction possibilities, it was clear that the most cost-effective and best stewardship option was to replace our offices on the same site. The new building will provide the collaborative space and the technological capacities that our expanding workforce needs to best serve congregations and constituents.”
In addition to housing the Foundation and New Covenant Trust Company, the Presbyterian Investment and Loan (PILP) Board of Directors have also voted to move its offices to the Foundation’s new building when completed in 2026. The respective boards for the Foundation, NCTC, and PILP believe that bringing these separate organizations under one roof will create greater synergy and efficiencies, as all three often coordinate on projects.
“This new facility represents more than just a physical space,” says PILP’s President and CEO, Clare Lewis. “It’s a reflection of our shared mission to serve and support the congregations and ministries that rely on us. By working alongside the Presbyterian Foundation and NCTC under one roof, we will enhance our ability to collaborate more effectively and offer even greater resources for mission funding, helping our congregations and PC(USA) organizations grow and thrive.”
Construction for the new building is expected to begin in early 2025 and take a little more than a year. During this interim time, the Foundation has relocated to another building in Jeffersonville.
Adhering to the denomination’s social witness principles, the project will be managed using a pool of historically under-represented vendors. Adopting green-energy and recycling principles, Foundation fixtures, equipment, desks, bookcases, filing cabinets, tables, chairs, and other items are being donated to area benevolent organizations such as Kentucky Refugee Ministries (KRM) in Louisville, Ky., churches, and other non-profits.
“The Presbyterian Foundation donated to Kentucky Refugee Ministries (KRM) a heartfelt and generous supply of furniture and other items,” said Joseph Caminiti of KRM. “These will soon be in the hands of refugees for whom trauma has been their years-long diet. Thank you, Presbyterian Foundation, for supporting this treasure trove of new neighbors.”
Other contents of the former building, including symbolic mementos and a beautiful two-story stained-glass window, will be retained as central features in the new building. The legacies of two prominent families who were long-time Foundation supporters, Ray U. Tanner and Glenn D. and Dorothy D. Puder, will also live on in the new property. A special decommissioning service for staff held this fall paid tribute to those important years for which the building served its purposes.
For the convenience of donors and constituents, the telephone numbers of Foundation staff remain unchanged in the organization’s temporary quarters. Regular postal mail may be addressed to the same address. If sending overnight mail, please reach out to the Foundation for instructions at clientservices@presbyterianfoundation.org, trustservices@presbyterianfoundation.org, or 1-800-858-6127.