3. US DOLLAR DONATIONS (Tax deductible for US filing purposes)
4. BANK TRANSFER
Acct Name: The American Protestant Church of The Hague
5. CASH- Sunday plate collection during the worship service
6. PASTORAL BENEVOLENCE FUND
At APCH there is a fund that is used to help out church members in times of sudden, acute financial need. The fund is replenished by a plate collection on the last Sunday of each month. Bank transfers should use the general account and add a message of “benevolence fund”. The pastoral staff is responsible to decide when funds are to be distributed to an individual in need.
Note: Indicate Pastoral Benevolence Fund on the memo line of your bank transfer.
7. PERMANENT ENDOWMENT FUND (PEF)
This fund was started about 20 years ago by APCH members. The PEF constitution stated that the fund should be allowed to accumulate to 100,000 dutch gilders, this goal was reached in 2002 (then using euro). The principle amount is kept in savings; each year 25% of new donations and interest payments are added to the principle. The remaining 75% of new donations and interest is available to fund a range of church projects. A request for funds must be given to the PEF committee which then decides on the disbursement. Gifts to the PEF are often given as a year end gift or in memory of an individual or event. The PEF fund appeals to many members because they know their gift helps APCH both now and in the future.
Note: Indicate Permanent Endowment Fund on the memo line of your bank transfer.
Thank you very much for your donation to APCH!