Purposes of the Endowment Fund
The world keeps changing and ministry needs to change as well. The Endowment Fund is money raised today for uses not yet known in the future.
The Endowment Fund is restricted and can only be spent for the purposes established by the Leadership Board and the Endowment Team:
Education- this is defined as tuition assistance for students wishing to attend a Lutheran grade school, high school, college/university, or seminary
Missions- to support ongoing and new activities to connect people to the extraordinary love of Jesus locally, across the country, or around the world
Capital Needs- to help provide for ongoing needs for campus improvements and equipment to assist in carrying out Faith’s mission and ministry
Undesignated- to support, subject to limitations, previously unplanned ministry needs or activities