Endowment Fund

What is the FAith Endowment Fund?

Established in 2018 by the Faith Leadership Board to help ensure the continuation of the mission and ministry of Faith for generations to come, the Endowment Fund will allow the continued support of missions and education and capital projects well into the future.

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

• Endowment Fund Bylaws
• Process Policy
• Gift Acceptance Policy
• Investment Policy
• Distribution and Transfer
• Conflicts of Interests

Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share. In this way they will lay up treasure for themselves as a firm foundation for the coming age, so that they may take hold of the life that is truly life.

1 Timothy 6:17-19 (NIV)

Why should I give to the Endowment Fund?

The Endowment Fund was established so Faith’s mission and ministry can continue for generations to come. Our neighborhoods and communities will continue to be transformed as a result of generous givers.

The Fund was not established with an end date; in other words, it will prayerfully last until Christ returns. Generations of Christians and those yet to be reached will reap the benefits of your generosity long after you have joined Jesus in heaven.

As a church, we have been blessed by God in so many ways. Over the years we have been challenged by God and have discovered many things about ourselves. One of the things we have learned over and over again is that God has blessed us as we have learned to generously bless others. We encourage you to pray about a gift to the Endowment Fund.

GIVE TO THE ENDOWMENT FUND

For many, a contribution to the Endowment Fund can be made through a will or estate plan. Gifts of real estate or appreciated stocks can also be made. For more information or questions, please contact Pastor John Bush at 734.925.3220.

Your gift to the Endowment Fund will be added to other gifts received and will help future generations of our yet-to-be-born Faith Family share the extraordinary love of Jesus Christ with one person, one family, and one community at a time.

GIVE NOW

FAQs

WHAT EXACTLY IS AN ENDOWMENT FUND?

This specially created fund will provide additional monies for mission and ministry dollars at Faith which are not included in the general ministry budget. The Endowment Fund is a restricted fund much like your personal IRA or 401k. Donations are invested and earnings are spent to grow ministry and missions. Generations of Faith family members will benefit from your generosity.

CAN THE FUND BE USED FOR WHATEVER NEEDS ARISE?

No. Funds can only be used for purposes outlined in the Statement of Purpose in the Fund Policies. The Fund’s uses include: education, missions, capital improvements, and unplanned needs.

DOES THE FUND EARN INTEREST?

YES! The larger the fund balance, the greater the earning potential as the interest is reinvested.

WHO OVERSEES THE FUND?

The Faith Leadership Board has appointed qualified Faith family members to oversee the Faith Endowment Fund.

HOW MUCH CAN THIS ENDOWMENT FUND HELP?

The larger the fund's balance, the larger the return we receive. Think of it this way: Imagine we have $1 million invested. We should be able to spend $20,000 - $30,000 on ministry and mission every year without reducing the balance. That would go a long way in funding the mission and ministry of Faith for generations to come!

HOW DO I GIVE TO THE ENDOWMENT FUND?

Simple. You can choose one of these options:
• Online giving: visit faithoakville.org/endowmentfund, click the Give Now button, and select Endowment Fund from the drop-down menu.
• Check or envelope: please be sure to note the Endowment Fund.
• Stocks can be transferred.
• Name the Endowment Fund in your will, trust, or estate gift.

ENDOWMENT FUND COMMITMENT

PLEDGE

QUESTIONS?

For general questions about the Endowment Fund: / 734.925.3220

For questions about giving or transferring funds: / 314.375.1113

BE A BLESSING TO FAITH’S MISSION AND MINISTRY FOR GENERATIONS TO COME

A legacy-giving partnership for those who remember Faith in their will

LEARN MORE