The Scioto Foundation has announced the creation of the Potter’s House Ministries Endowment Fund, established as an organizational fund designed to help Potter’s House in its mission of coordinating and developing resources from churches and the community in an effort to assist with urgent needs in the Portsmouth area.
Potter’s House, a ministry of the Scioto Church of the Nazarene, is one of 26 area nonprofits in Scioto County that will participate in the Scioto Foundation’s 2015 Scioto Gives one-day on-line matching gift program on October 22.
“We are excited to welcome another area nonprofit that will benefit from the Scioto Gives program with this opportunity to grow its endowment,” said Kim Cutlip, Scioto Foundation Executive Director.
“As a part of our long-term strategy to meet needs of the residents of our county, we have decided to begin an endowment fund to responsibly address the financial requirements of our long-term dreams and plans. The Scioto Foundation is our chosen conduit for the success of our ministry’s future. By establishing this endowment we hope to encourage others to participate in the future successes we anticipate,” said Rev. Chad Garinger, lead pastor and Potter’s House board member.
“We believe that as the endowment grows, our month-to-month financial frustrations and limitations will be less and less. The proceeds from this endowment will eventually supply all of the food, services and personnel necessary to adequately meet the needs of our
community and the goals of our ministry. With these funds we will purchase the 150 tons of food we distribute annually to over 30,000 Scioto County residents who qualify for the pantry. We will also purchase the equipment and software needed to maintain our free tax preparation services as well as our various online services through the Ohio Benefit Bank and other vital services we are currently providing to thousands of deserving clients each year. We also hope to be ever-increasing the types of services we provide. This endowment will help us make that dream a reality,” Garinger said.
“We believe that what our volunteers donate is valuable, but we are few in comparison to those who could be blessed by supporting the various services we provide. Those who would join us in financially supporting us through this endowment would reap the all-important benefits of serving low-income families in our county,” Garinger added.
“The Potter’s House has always relied heavily on annual grants for funding our mission. As grants get harder to obtain we decided it was time to establish an endowment fund to strengthen our financial picture. We have also been addressing our sustainability issue. We have a great grant writer now but should that change our grant funding could diminish very quickly. With 900 plus families looking to us every month for food and other services we have an obligation to them to be here for them in the future,” said Potter’s House Treasurer Edson Myers.
Potter’s House Ministries will welcome contributions from supporters, volunteers and members of the general public at any time. Donations may be in the form of gifts of cash, securities or property.
Additional information about the establishment of endowment funds or other planned-giving opportunities available at the Scioto Foundation may be obtained by contacting Cutlip at (740) 354-4612 or at firstname.lastname@example.org.