ABOUT THE GSLC MISSION ENDOWMENT FUND

The Good Shepherd Lutheran Church Mission Endowment Fund was established by Article IX of The Constitution of Good Shepherd Lutheran Church.  The MEF is a perpetual fund from which the earnings are distributed and is funded by donor gifts and bequests.   The name Mission Endowment Fund emphasizes the fund’s purpose:  to fund mission work at GSLC, in the community, and around the world – above and beyond the programs supported through regular offerings.  Distributions may begin once the Fund reaches $50,000.

Potential “mission” work may include:

a)     capital improvements, principal debt reduction, or building program of GSLC,

b)      scholarships or grants to members of GSLC to attend ELCA colleges or seminaries,

c)      outreach into the community to those who are in spiritual or economic need, and

d)      ministries of the ELCA at home and overseas, such as world hunger, etc.

Lifelong Christian stewardship involves management of all assets God has entrusted to his people, including abilities, time, income, appreciated assets, and possessions. Many think of financial stewardship only in terms of current income.  Scripture teaches us that all we are and all we have is entrusted to us by God.  Therefore, stewardship also includes our accumulated, inherited, and appreciated resources.  As Christians, just as we give proportionately for the Lord’s work from our income annually, so we are encouraged to give proportionately from our accumulated resources as legacy gifts.

If you wish, you may honor a loved one by naming them with the gift, such as memorials and celebrations (birthdays, graduations, marriages, anniversaries), etc.

What may be given?  Gifts can include any of the following:

  • Bequests (a designation in one’s will or living trust)
  • Life insurance proceeds (through beneficiary designation or a gift of the policy itself)
  • Assignment of CDs
  • Gifts of cash
  • Transfers of property such as stocks, bonds, and real estate
  • Charitable gift annuities
  • Charitable remainder trusts
  • Beneficiary designation in an IRA or other retirement plan.

Getting around to writing or updating your will is one of those things that seems always to wind up at the bottom of our “to do” list. Sometimes, however, we get a nudge that makes us act.  For more complete information, see the GSLC Constitution, Article IX, or talk to a member of the GSLC Mission Endowment Fund Committee (Rob Homer, Paul Evans, Bettina Miller, Mary Tucker and Mary McCoy.)

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