Does Your Church Have a Foundation? If it doesn't, should it have one? If it does, is it managed effectively? Is it regularly promoted to the congregation as a way to receive estate gifts? Many churches set up their own foundation but soon discover challenges in this process which include: Complexity and cost to establish and administer a foundation Expertise needed to manage and invest the assets. Creative promotion of the foundation to encourage gifts. Establishment of gift acceptance and investment policies. Turnover of people in leadership A better solution may be for the church to establish a LEGACY FOUNDATION with the assistance of Barnabas Foundation.