Texas Presbyterian Foundation

What do you REALLY need to know? 5 Ways You Can Make the Most of Your Partnership with TPF

By Stephanie Ray, Relationship Manager

We’re here for YOU! As you may already know, TPF regularly produces educational live webinar events covering various topics aimed at bringing value to churches and nonprofits. Recently, TPF’s Executive Vice President, John Furlow, sat down with TPF’s Senior Vice President, Beth Wilt, to present Making the Most of Our Partnership: The Ins and Outs of Working with TPF

Focusing specifically on the inner workings of TPF, they described how our Operations team serves you strategically and efficiently every day. If you missed the event and would like to watch a recording of the webinar on demand, CLICK HERE.

While I do highly recommend taking some time to watch the full webinar yourself, I would like to highlight some of the key takeaways and topics that were discussed:

  1. Only two documents are needed to initiate a relationship with TPF. The first document is the Investment Management Agreement which is the document that establishes TPF as agent. The second document is the Enrollment Form, which should be completed with each newly established account. This document gives TPF instructions for investing your funds, along with how you would like the income distributed, and who we are to furnish with statements.
  2. There is no limit to the number of accounts you can set up with TPF. Each partner is welcome to set up as many accounts as they like, with varying allocations, depending on their bookkeeping and investment needs.
  3. TPF can accept gifts of appreciated securities for the benefit of our investment partners. Upon liquidation, these gifts can be invested in an existing account, or the proceeds can be distributed back to the partner. However, please be aware we do not accept mutual funds.
  4. Online access is available to all our partners. Our portal provides data including holdings, past transactional history, and current investment allocations.
  5. TPF offers a “sweep to keep” option for those partners that do not wish to have an allocation to Money Market. These partners would instead prefer that a specific dollar amount be readily available in cash for midmonth distributions or emergencies.

Obviously, this is not even close to everything discussed in this informative webinar, so I do encourage you to view it on demand HERE to hear all the great information and specific details shared.

Also please don’t hesitate to reach out to your Relationship Manager for more information, or partner specific questions. We’re here to serve you, and we are always ready to provide support for your mission!

Stay tuned for many more educational events in the future from TPF. Until then, check out our library and past events in the resources section of our website, and never hesitate to reach out to our team if you have any questions or if there is anything TPF can do assist in your mission efforts.