Bequests from wills, trusts
Life Insurance proceeds
Stocks, bonds and other special gifts

Mission Statement

To provide a means for those who have
the ability and desire to contribute to St. Paul (Zeigler’s) Lutheran Church through charitable giving that is consistent with its mission of witnessing to the message of salvation through Jesus Christ.

Endowment Committee

The committee consists of 5 members. It includes the current congregation president and treasurer and 3 members elected at large from the congregation. The committee will:

Recommend investment strategies to the church council
Give an annual report of fund activity
Promote the fund within the congregation.

Investment Strategies

The fund will seek out strategies for long-term capital growth. This could include investment in stocks, bonds, CD’s or other market vehicles. The Committee will seek professional guidance for its investment objectives. The Endowment Committee/Church Council will not be liable for losses on any given year due to market conditions.

Principal
The principal shall be held as a long-term investment. In the future it may be used for capital improvements (building renovation, organ replacement, purchase of property, etc.)

Or, the principal could be an emergency reserve in the event of financial need when other resources are not available. The congregation determines how the principal is to be used.

Interest
For the first five years all interest will roll over into the principal of the fund. On the sixth year and thereafter 85% of the interest shall be reinvested into the fund principal. 15% of interest shall be forwarded to the mission of the Evangelical Lutheran Church in America.

Gifts of appreciated value given to the church may provide significant tax advantages to donors.