Endowment Fund March 2026

Lord of Grace

Endowment Fund

 

Did you know that Lord of Grace has an Endowment Fund? This fund was established in 2015 with an initial deposit of $10,000 to Thrivent to invest and grow. Various fund-raising efforts and additional gifts were received and deposited with Thrivent. Over the past ten plus years the Fund has been growing in the Invest phase. Our fund balance as of 12/31/2025 was $78,047.

Why do we have an Endowment Fund? Where there are many opportunities to fulfill the mission of Lord of Grace, some opportunities call for monies not available from regular church giving. The Lord of Grace Lutheran Church Endowment Fund allows the church to enhance the mission, outreach, and ministry of the Congregation.

By using a portion of the annual earnings (interest) of the congregation’s Endowment Fund, the Fund continues to grow and provides a permanent source of income to support the church’s outreach with a variety of special ministry opportunities. The Endowment Committee appointed by the LOG Council serves as stewards of the fund.

What does this mean now? In 2025 we reached the Grant phase. Now we can support various projects. The Endowment Committee completed the Grant Application process, met with our Thrivent Financial Advisor, authorized our first distribution of available grant funds of $1,362. We are pleased to report that two grant applications were approved and funded. The first grant was for Continuing Education tuition for a member enrolled in the Growing in Faith: The Diakonia Program and the second grant for the Outreach team to buy supplies for the Butler’s Pantry at Roadrunner Elementary School. There are $487 remaining grant funds available to be distributed for an approved project(s).

How can I request a grant? Grant applications are available in the church office. Once a grant application is completed and submitted to the church office, it will be forwarded to the Endowment Committee for review and action.

How can I donate to the Endowment Fund? Donations can be made to the Endowment Fund by a variety of methods. Gifts of all sizes and in many forms are welcome: Cash, Securities, Bequests and Memorials, Life Insurance, Real Estate, and gifts that provide a stream of income.

If you are considering a gift to the Endowment Fund, you are encouraged to seek advice in putting together a plan that is best suited to your personal situation. If you would like more information about the Endowment Fund, please contact one of our Endowment Committee members: Brian Clymer, Tim Murphy, Kathy Knepprath, or Lori Brown.