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Endowment Fund

Purpose

The purpose of the Mission Endowment Fund is to provide for a perpetual fund with only earnings to be distributed to support mission work at home and around the world, above and beyond the programs supported through regular offerings.

Organization

The fund is governed by a Mission Endowment Fund Committee of five members responsible to publicize and educate members of the church and others of its existence and purpose; to prudently invest the principal; and to receive requests for the use of the Mission Endowment Fund earnings and recommend expenditure to the church council.

How Can I Support This Fund?

Gifts of money or other value may be given through bequests in wills, assignment of life insurance, trusts and transfer of property including cash, securities and real estate.

SEEDS OF HOPE FOR FAMILY MISSION --
FIRST LUTHERAN CHURCH MISSION ENDOWMENT GRANT(S)
Total Available: $1,500
Purpose of the Grant(s) is to enhance FAMILY mission outreach of First Lutheran Church
GRANT DEADLINE: MONDAY, APRIL 29, 2019

Click here for a printable form (filled out and sent to: First Lutheran Church Mission Endowment Fund, 107 Second Street SE, Aitkin, MN 56431)

or print here for an on-line form to fill out and sent to: office@flc-aitkin.com


First Lutheran Mission Endowment -- January – 2018, managed by InFaith Community Foundation
On the November 29, 2018, the Mission Endowment Committee invested $50,000 with the InFaith Community Foundation. This is the first statement for our account ending December 31, 2018.
*Beginning Balance, December 1, 2018 $51,347.65
*Administration Fee ($2.93)
*Interest and Dividends $1607.92
*Investment Performance ($3,815.89)
*Ending Fund Balance as of Dec. 31, 2018 $49,136.76

If any of you are interested in contributing to First’s Mission Endowment Fund, please contact our Mission Endowment Committee. If you would like anonymity, feel free to contact InFaith directly at 612-844-4105. First Lutheran’s Account #229383.


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