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Meet Ralph Peterman, a lifelong member of the BIC and a BIC Foundation investor with nearly three decades of impact.
Ralph and his wife Lois both grew up in BIC churches and attended A–Street BIC (now part of The Meeting House – Carlisle) for most of their adult lives.
Together, they owned and operated Peterman Power Equipment, a farm equipment store in Carlisle, Pa. As their business became increasingly successful, they found themselves accumulating excess funds.
Ralph and Lois knew they needed to invest their funds somewhere stable, and Lois felt strongly led to give back to the greater Church.
She was the one who first suggested the BIC Foundation as a suitable option. After finding that the BIC Foundation met both their goals, the Petermans became investors in 1999.
They chose to invest in Ministry Term Certificates, an investment option that allows the interest earned to be donated to a charity, non-profit, congregation, or organization of the investor’s choice.
The Petermans decided to divide their earnings evenly between BIC U.S. Common Ministry and World Missions.
Since investing, they have donated over $167,000.
Upon hearing that six-figure total, Ralph became emotional. “This is what she wanted for our family legacy,” he said with misty eyes as he thought of Lois, his beloved wife of 61 years who passed away in 2020.
Her vision for their family legacy marked with profound generosity lives far beyond her and continues to impact countless lives around the world through the ministries they support.
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