Funds & Grants Information
The Church Periodical Club is funded by voluntary contributions from bishops, priests, deacons, lay people, Episcopal Church Women Boards, and other dedicated friends throughout the Church. CPC is supported by the prayerful concern, time, talents, labor, and money of those who believe in the Ministry of the Written Word. These donations allow The Church Periodical Club to continue to function as a non-profit source for printed and electronic written materials free to those who cannot otherwise obtain them. New gifts can be made at any time and in any amount to any of the CPC funds. Unrestricted gifts are especially welcome. Donors may also make memorial, thanksgiving, honor gifts to recognize whomever the donor wishes.
Funds for Grants
The National Books Fund is the older of the two funds within the Church Periodical Club. NBF has limited itself primarily to books and related materials for adults since the advent of the Miles of Pennies Fund which provides grants for children’s book needs. Funds to cover grant requests are donated by individuals, parishes, dioceses, and provinces. Friends of CPC are encouraged to contribute regularly to both funds and to sponsor specific requests for books.
- National Books Fund was started in the 1940s. Grant requests come from schools, libraries, individuals, agencies, and parishes throughout the Anglican Communion. Receipts from ingatherings conducted in parishes on CPC Sundays should be designated for NBF; returns from an NBF endowment fund are also used. Grant requests are due in March and grants to qualified requests are made annually in June.
- The Miles of Pennies Fund was established at the Triennial Meeting in Detroit in 1988. Returns from a MOP endowment fund are also used to fund grants. Grant requests are reviewed, and grants made to qualified requests as they are received.
The Church Periodical Club is the recipient of several endowments. These endowments allow The Church Periodical Club to continue to function as a non-profit source for printed and electronic materials free to those who cannot otherwise obtain them.
The Church Periodical Club is funded entirely by voluntary contributions. Undesignated funds are used for administration and for the National Books Fund.
- The General Fund holds all money not designated for another fund as well as gifts designated to administration.
- The Triennial Fund holds money designated for the CPC Triennial Meeting and for delegates to the Episcopal Church Women Triennial Meeting. In the past, funds were also used to host a booth at General Conventions and an “Energy Lift” contribution of candy and nuts to delegates to ECW Triennial and General Convention.
More information is available at the national office.