The Presbyterian Foundation’s Board of Trustees voted to rebate a portion of fees charged on the permanent endowment funds.

This is the result of the Foundation’s fiscal year net surplus. The most recent fiscal year for the Foundation ran from April 1, 2024, to March 31, 2025.

The Foundation charges a flat fee of .99% (99 basis points) on the market value of the permanent endowment fund investments. For fiscal year 2025, the Board of Trustees approved a fee rebate of .10%. The fee rebate will be credited back to the permanent endowment fund investment pool which will increase the net asset value of the pool. Because beneficiaries spending formulas are based on the net asset value of these funds, the increase in the net asset value of the pool will increase income distributions to beneficiaries now and in the future. As a fiduciary, the Foundation seeks to maximize the benefits received by current and future beneficiaries.

This marks the six consecutive fiscal year that the Foundation has been able to rebate part of the fee. The Foundation manages more than 7,000 permanent endowment funds supporting Presbyterian congregations, seminaries, children’s homes, camps, conference centers, hospitals, food programs, and international mission projects. We accept, hold, and professionally manage these funds, ensuring that income is distributed in perpetuity to the intended beneficiaries.

“We are deeply grateful for another strong fiscal year, and it brings us great joy to share that with churches and ministries around the world,” said Tom Taylor, President and CEO of the Presbyterian Foundation. “This rebate is a meaningful and lasting way we can give back. It honors our connectional church, strengthens our shared ministries, and expresses our commitment to faithful stewardship and shared mission.”