Endowment Fund

On March 1, 1998, an Endowment Fund was created where bequests in wills, charitable giving and other trusts, charitable gift annuities, assignment of life insurance, and transfers of property (cash, stocks, bonds, cash resulting from the sale of
real estate or personal property) of any amount may be designated. The purpose of the Fund is to enhance the benevolent mission of this congregation. The earnings from these funds shall be available for disbursement.
There are many meaningful ways to support the Endowment Fund. Gifts may be made at any time through cash donations, appreciated securities, real estate, life insurance, charitable trusts, bequests through a will, or other planned gifts. Donors may choose to contribute to the General Endowment Fund or to one of the established restricted funds. Every gift, regardless of size, helps build a lasting legacy that supports Faith Lutheran Church's mission for generations to come.

A gift to Faith Lutheran Church's Endowment Fund is an investment in the future of our ministry. Unlike annual giving, endowment gifts are invested so they can continue generating support for years to come. Your generosity helps provide scholarships, strengthen Christian education, expand outreach, support mission work, improve our facilities, and fund ministries that reach beyond our annual operating budget. Whether given in memory of a loved one, as part of an estate plan, or as a legacy gift, your donation creates a lasting impact that will continue to share Christ's love with future generations 

Faith Lutheran Church's Endowment Fund is available to support a variety of individuals, ministries, and organizations whose requests align with the mission and purpose of the Fund. Applications may be submitted by members of Faith Lutheran Church, church committees and ministry teams, nonprofit organizations, and ELCA-related ministries. Individuals may also apply for eligible scholarships and educational opportunities. Every request is evaluated to ensure it supports the Endowment Fund's purpose of strengthening the church's ministry and serving others beyond the congregation's annual operating budget.

TAMARA MALUEG FUND Lutheran College Scholarships
Tamara Malueg was a member of Faith Lutheran Church who lost her life in an accident as a teenager. The fund was established as a memorial to her. Income from it is used to provide scholarships to those members attending Lutheran colleges.

EVELYN SABROWSKY FUND Christian Education & Learning
Evelyn Sabrowsky was a member who donated the money for this fund through her will.  Earnings are to be used for Christian education and learning and to supplement scholarship funds. She noted a focus on young people.
 
GENERAL ENDOWMENT FUND
The categories of support below are defined in the Endowment Fund Bylaws C21.01.02. 

• Capital improvement, debt reduction or building program of this congregation 
• Scholarships or grants to members of this congregation for attending Lutheran  college/seminary; for church-related camping or leadership conferences; or such other training which enables members of this congregation to grow in Christian faith and service to God’s people.
• Outreach in the church community, including but not limited to, grants to Evangelical Lutheran Church in America (ELCA), the Northwest Synod of Wisconsin (NSW), any ELCA colleges, seminaries, social service agencies, institutions and agencies to which this congregation relates and to special programs designed for those persons in our parish area who are in spiritual or economic need. 
• Missions of the ELCA at home and overseas, including but not limited to, grants to the ELCA, and/or the NSWI for new mission development in North America, professional leadership events, educational ministries, world missions and ecumenism. 
• For causes and programs, which at the discretion of the Board, are consistent with the Fund purpose of enhancing the benevolent mission of this congregation.

The Endowment Fund operates under its own set of bylaws, which provide clear guidance for how gifts are received, invested, managed, and distributed. These bylaws ensure that all donations are stewarded responsibly and according to the donor's intent. An elected Endowment Board oversees the Fund, reviews all applications, and makes funding decisions based on established criteria. The bylaws also protect the Fund by preserving the principal whenever possible, allowing grants to be awarded primarily from investment earnings so the Fund can continue supporting ministry for generations to come.
​Bylaws Document​

Faith Lutheran Church's Endowment Fund is available to support a variety of individuals, ministries, and organizations whose requests align with the mission and purpose of the Fund. Applications may be submitted by members of Faith Lutheran Church, church committees and ministry teams, nonprofit organizations, and ELCA-related ministries. Individuals may also apply for eligible scholarships and educational opportunities. Every request is evaluated to ensure it supports the Endowment Fund's purpose of strengthening the church's ministry and serving others beyond the congregation's annual operating budget. 

Applying for an Endowment Fund grant begins by completing the appropriate application, available online or through the church office. Applicants provide information about their project, ministry, scholarship, or funding request, including its purpose, budget, and how it aligns with the goals of the Endowment Fund. Supporting documents, such as letters of support or nonprofit verification when applicable, may also be included. The Endowment Board carefully reviews each application and strives to notify applicants of its decision within one month of receiving a completed application.
CLICK HERE TO APPLY ONLINE
CLICK HERE TO DOWNLOAD THE APPLICATION