The First Lutheran Church Endowment Foundation (Tax ID# 41-0724073) provides an opportunity for members and friends to make special gifts during their lifetime and after, thus continuing to serve long after the gift is made.
Endowment gifts are invested, with only the investment earnings being expended for ministry programs that are beyond normal budgeted expenses. Designated categories are:
- Missions – local, regional, world projects
- Education – Elementary, High School, College, and Seminary Scholarships
- Life Ministries – Resources to youth and family members of all ages
- Debt Reduction – Relief/Elimination of General Fund Indebtedness
- Capital Projects – Major renovations and new building construction
- Unrestricted – Used as directed by Voters’ Assembly
Gifts to the Endowment Foundation are often tax deductible and may provide favorable tax incentives. Be sure to contact your financial advisor or attorney to discuss your specific situation.