Endowment Fund

 

Bethlehem Lutheran Church
 
Endowment Funds
“Building the Future Together in Christ”
                       Why Have An Endowment Fund?
·         The purpose of the Endowment Fund is to extend the ministry of Bethlehem Lutheran Church apart from the general operation of the church. A gift to the Endowment Fund is a gift that keeps on giving. 
·          The Endowment Fund's greatest service lies in its capacity to respond.  Often when special needs arise within the church or community, there is no funding for them in the budget.  The Fund is in the position to meet those needs promptly. 
·         The Endowment Fund will be comprised of two unique funds:
1.     Capital Fund -The principal is not used, only the earnings from the principal.
2.     Memorial/Project Fund – The fund can be used as directed for special projects.
 
 
Questions?
 
 Take a Brochure Home and Review it
 
Ask one of the new Endowment Board members
 
Lloyd Vollmers
Teri Reed
Peggy Boonstra
Gary Pyle
  October 2017  
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