x245

x245

Who We Are and What We Do

We are a non-profit foundation that has been established to address the negative impact that high housing cost in this area has on PBC’s ability to recruit and retain pastoral staff. Althought we are an independent organization from PBC, our focus and ministry is tightly tied to the ministry of the church; we work closely with the Elders to help pastors obtain affordable housing.

We hope that it will remind everyone — including those who donate , the pastors who benefit and all of us who receive from the teaching and shepherding — to give sacrificially to address this great need, to invest in our pastoral staff, and to provide a long-lasting benefit to the church.

Prioritize and Execute Projects

We receive specific direction from the Board of Elders to prioritize and execute projects. These may include the purchase or establishment of co-ownership agreements of residences to be used as homes for pastors. We also provide a service to the Body at PBC by providing tax-qualified vehicles for testamentary and deferred giving.

housing near pbc

And they were selling their possessions and belongings and distributing the proceeds to all, as any had need.

Acts 2:45 (ESV)

WAYS TO GIVE

One Time Gift

Direct giving to the Foundation will allow us to move forward immediately. Donations are accepted through checks and donor-advised funds (Tax ID: 84-3914782).

For check donations, please make your check payable to “X245 Foundation” and mail it to:
X245 Foundation
C/O Peninsula Bible Church
3505 Middlefield Rd
Palo Alto, CA 94306

Legacy Giving

Throughout your life you have supported the work of the church; you can bless the next generation with a legacy gift provided through your will or trust. Your planned gift will enable PBC to provide pastoral housing so that our shepherds can be part of the community in which they serve.

Property Donation

Donations of real estate, stocks, bonds, and other financial instruments are also gladly accepted.

BOARD MEMBERS

Bob Clarkson

Bob Clarkson

Treasurer

Daryl Sid

Daryl Sid

Operations

Jerry Yan

Jerry Yan

President

Peter Monaco

Peter Monaco

Board Member

Summer Tang

Summer Tang

Secretary

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