St. John Lutheran Endowment Fund
Purpose
The St. John Lutheran Endowment Fund was set-up to receive and administer gifts, trusts and bequests of cash, securities, insurance policies and real estate given to St. John Lutheran Church. The assets received by the Endowment Fund are administrated separately from the General Fund of the church. The Endowment Fund invests and re-invests assets of the fund to produce income to carry out the objectives of the Endowment Fund.
Objectives
The St. John Lutheran Endowment Fund was formed in 1992 to establish a fund dedicated to the Glory of God and to enhance the work of the Church in non-budget areas with emphasis on new ministries, capital improvements, educational supports and evangelical outreach, and to perpetuate St. John Church until He calls all believers to His home above. Benefits to St. John Lutheran While the regular work of the Church is supported by the proportional giving of its members, there must be provision for non-budgetary needs. The Endowment Fund strengthens the Church by providing a permanent source of funding for long range planning, emergencies and growth in many areas.