x245
x245
Why We Exist
x245 Foundation is a 501(c)(3) nonprofit organization established to address the challenges that high housing costs in the Bay Area create for Peninsula Bible Church’s ability to recruit and retain pastoral staff. While independent from PBC, our mission is closely aligned with and in service to the church’s ministry. By supporting pastoral housing, we aim to strengthen church leadership, enable long-term ministry, and provide lasting benefit to the community.
How We Make An Impact
We work in partnership with the Elders to provide pastors with access to stable, affordable housing, enabling them to live and serve within the communities they shepherd. Guided by the Elders, we prioritize and execute projects that directly support this mission, which may include purchasing homes or establishing co-ownership agreements for pastoral residences.
In addition, x245 Foundation facilitates charitable giving by providing tax-qualified vehicles for testamentary and deferred gifts, helping donors make a meaningful and lasting impact on the church and its ministry.
And they were selling their possessions and belongings and distributing the proceeds to all, as any had need.
WAYS TO GIVE
Your generosity enables x245 Foundation to advance its mission by providing pastoral housing that strengthens ministry and community presence.
Tax ID: 84-3914782
Checks
Make checks payable directly to “x245 Foundation”.
Note: To ensure your gift is processed correctly, please make checks payable to “x245 Foundation”. Checks should not be made payable to Peninsula Bible Church.
Checks may be dropped off at the church office, handed directly to any x245 Foundation board member, or mailed to the following address:
x245 Foundation
c/o Peninsula Bible Church
3505 Middlefield Rd
Palo Alto, CA 94306
Gifts Via Stock Or Donor-Advised Funds (DAFs)
Please provide your broker or DAF sponsor with the following information:
Brokerage: Charles Schwab
Account Name: x245 Foundation
Account Number: 2753-8384
DTC Number: 0164 (code 40)
Donor-advised fund sponsors issue tax receipts for DAF gifts, while x245 Foundation provides written acknowledgement for stock transfers as required by law.
Other Ways To Give
A. Legacy / Planned 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, supporting shepherds who live and serve within the communities they lead.
B. Property & Asset Donations
x245 Foundation also accepts donations of real estate, bonds, and other financial instruments. These gifts can provide meaningful long-term support and may offer tax advantages.
If you’re considering a legacy gift or a donation of property or other assets, we’d love to hear from you and guide you through the process. Please contact us anytime at board@x245.org or reach out to any board member.
Need Help or Have Questions?
We’re here to help you make the most meaningful impact with your gift. If you have questions about giving, would like guidance on the best way to support x245 Foundation, or need assistance with any gift, please email board@x245.org or get in touch with a board member (see listing below).
Your generosity and partnership make a lasting difference for our pastors and the church community.
BOARD MEMBERS
Bob Clarkson
Treasurer
Daryl Sid
Operations
Jerry Yan
President
Peter Monaco
Board Member
Summer Tang
Secretary