Endowment
THE ENDOWMENT FUND
What is the Endowment Fund?
It’s an investment fund set up by the church, because of a generous gift from Hans Hansen, in which withdrawals for grants are awarded from the invested capital. It is funded by donations, which are tax deductible for donors. It is a great way to provide a gift that will keep on giving well into the future.
What is the purpose of the Endowment Fund?
Its purpose is to provide funding to projects that enhance and extend the life and mission of Faith Community Lutheran Church. This may include support for: domestic and foreign missions; scholarships; professional staff for special services; community projects; and building expansion or improvements.
Can I donate to the Endowment Fund?
Yes. Anyone can donate to the Endowment Fund at any time. One common method of donating to endowment funds is through wills and bequests. Donating to the fund is a way for the donor to leave a legacy and provide for the long-term future of the church.
How do I apply for a grant from the Endowment Fund?
Grants are awarded twice a year with applications due either June 30 or December 31. The form to apply is online. After you open the form, it must be completed in one sitting, as it cannot be saved or referenced once it is submitted. You are welcome to open the link and review the questions before entering the data. Printed application forms are available at the church office.