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2013 STRATEGIC MISSION GRANTS AVAILABLE
Strategic Mission Grants are funds made available from the Bishop Quin Foundation and the Episcopal Foundation of Texas to directly support congregations in the Diocese of Texas with specific ministries aimed toward church growth. The Strategic Mission Grant program started in 2005 and since that time over $1.5 million in grants have been awarded to congregations throughout the Diocese of Texas. The Strategic Mission Grant Committee, made up of trustees from both the Bishop Quin Foundation and the Episcopal Foundation of Texas, reviews applications and makes the final decision to award grants.
Upon his death, H. H. Coffield left one-third of his estate to the Episcopal Diocese of Texas to be set aside as a permanent fund to support the ten institutions of the diocese and from time to time provide gifts, grants, loans or advances to the Bishop Quin Foundation. The Coffield Fund represents the largest portion of the Foundation’s assets.
Funds and contributions to the Foundation received exclusive of the Coffield Fund are set aside and appropriated for the purpose of providing financial support for religious, educational and charitable purposes to organizations of the Episcopal Diocese of Texas.
Since 1982, nearly $50 million have been paid out in grants. With holdings in excess of $43 million, the Episcopal Foundation of Texas continues to honor the memory of its benefactor in its service to the people and institutions of the diocese.
The Protestant Episcopal Church Council of the Episcopal Diocese of Texas, commonly known as the Church Corporation, is a nonprofit, benevolent and charitable corporation authorized to receive and administer funds and properties given to the Episcopal Diocese of Texas. In addition, through the Participating Funds, the Church Corporation also acts as a trustee in receiving and administering funds for the use and benefit of the churches in the diocese. The largest part of the Church Corporation’s holdings are the titles to the land and buildings of the churches of the diocese.
With cash and property assets totaling over $300 million dollars, the Church Corporation continues to provide for the sound financial management of the diocese’s real estate and the individual investment funds of the churches.
The Bishop Quin Foundation was established in 1943 to honor Bishop Clinton S. Quin on the twenty-fifth anniversary of his consecration. In 1954, Annie B. Laird generously left the Bishop Quin Foundation one quarter of her estate. Laird died in 1955 and her gift, given in commemoration of the impact that Bishop Clinton Quin had on the Laird family, formed the bedrock of the Bishop Quin Foundation which now is valued over $24 million.
The mission of the Bishop Quin Foundation is to help build the Church. The Trustees are dedicated to help increase and utilize the foundation’s resources prudently. In addition to making loans, the Bishop Quin Foundation has also expanded its grant base to include sabbatical grants for the welfare of the clergy, deacon placement grants, and strategic mission grants to parishes in collaboration with the Episcopal Foundation of Texas. To access a brochure, click here.