Legacy Endowment Fund
Our Father Lutheran Church Legacy Endowment Fund
Uniquely Impacting Our Community and World Today and Tomorrow
What is the Legacy Fund?
The Legacy Fund is a natural extension of our congregation’s commitment to impacting our community and our world with the love of Jesus Christ today, tomorrow and in the years to come.
The Legacy Fund will address ministry opportunities that are not covered under the normal operating budget of Our Father. In fact, Legacy Fund monies cannot be used to augment the normal operating budget – those funds come from our tithes and offerings.
The goal is to support or launch unique ministries that share the Good News of Jesus Christ with our community and our world, and are consistent with the mission and vision of Our Father.
How is the Fund Administered?
The Legacy Fund will be promoted and managed by a Board of Trustees which is accountable to Our Father’s Parish Council. The Board will be responsible for managing contributions and distributing the gifts in accordance with the Legacy Fund bylaws. A grant application process has been established to evaluate requests for funding.
How are Distributions Calculated?
Annually, the Board of Trustees may distribute 10% or less of available assets, which includes principal and earnings. The amount distributed will depend on the grant applications received and approved. Undistributed amounts of the annual 10% allocation may be carried forward and combined for use in the following two years.
What Projects or Programs will be Supported by the Legacy Fund?
- Ministries that focus on proclaiming the Gospel, bringing Jesus Christ to those who do not yet know Him.
- Ministries likely to have a broad-reaching or lasting impact.
- Ministries with the potential to be self-sustaining.
- Ministries that will bolster Our Father’s presence in the community through enhanced ministry.
- Ministries with a focus on serving those in need in ways that address the whole person: physically, emotionally and spiritually.
Why Give to the Fund?
The Legacy Fund is for those who desire to make a meaningful difference in people’s lives. You can be a blessing to those in need of hearing and experiencing God’s word. Consider how you can give a gift as your legacy that will impact others with God’s love, now and in the days to come.
How Can I Contribute?
The Legacy Fund is designed to receive gifts and bequests from individuals, families and other legal entities in the form of:
Cash and Certificates of Deposit
Stock and Bonds
Individual Retirement Accounts
Gifts or beneficiary designations should be made payable to Our Father Lutheran Church and designated for the Legacy Endowment Fund. Our Father’s Federal Tax ID# 84-0714954.
Click here for additional financial information.