wfn.org | Corporation Grants $25,000 to NCCCUSA-Burned

[CAROL_FOUKE.parti@ecunet.org]

Churches Fund

National Council of the Churches of Christ in the 
U.S.A.
Contact: Carol J. Fouke, NCC, 212-870-2252
Internet: carolf@ncccusa.org

Beneficial Management Corporation of America Grants 
$25,000 to Burned Churches Fund

February, 1997

 New York - Beneficial Management Corporation of 
America (BMCA) has donated $25,000 to the Burned 
Churches Fund established by the National Council of 
Churches(NCC).  The fund, supported by a broad 
ecumenical and interfaith community, helps 
restoration and rebuilding efforts for houses of 
worship desecrated by hate-motivated arson and 
vandalism.

 BMCA's grant came from the spirited effort of 
employees throughout the United States who donated 
both their time and resources to collect donations 
for the fund.

 A growing number of leading companies have 
contributed toward the $12 million goal of the 
Burned Churches Fund.  To date, 79 burned churches 
have been voted rebuilding grants and more grants 
are being processed.

 The Rev. Dr. Albert M. Pennybacker, associate 
general secretary for Public Policy for NCC, said, 
"The NCC is deeply thankful for the generous concern 
shown by Beneficial and its employees.  Their 
partnership with America's religious communities to 
fight against this epidemic of attacks on these or 
any houses of worship is an outstanding example of 
citizens working for a common cause."

 "Beneficial is proud to contribute to the 
Burned Churches Fund.  This is a most appropriate 
way for Beneficial's affiliated companies to 
underscore a commitment to developing relationships 
in their communities and to sponsor good corporate 
citizenship,"  said David J. Farris, president of 
Beneficial Management Corporation of America.

 Thus far, the NCC has received more than $10 
million in cash and material resources, with 87 
percent budgeted for rebuilding and 13 percent for 
anti-bias programs and program administration.

 Beneficial Management Corporation of America is 
a subsidiary of Beneficial Corporation, a $16 
billion, New York stock Exchange-listed financial 
services holding company.  Subsidiaries of the 
Company provide financial services through their 
various consumer-finance, credit-card, banking and 
insurance operations located throughout the United 
States, Canada, the United Kingdom, Ireland and 
Germany.

 The National Council of the Churches of Christ 
in the USA is an interdenominational, cooperative 
body of churches which includes most major 
Protestant and Eastern Orthodox denominations in the 
United States.

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