With our ever strengthening relationship with our sponsoring agencies and other ELCA ministries, The Foundation continues to carry out its mission:
In this mission we help to bridge the asset rift between generations of the church, to insure that Christ’s ministry continues. As the sun sets on one generation and rises on the next, our stewardship of God’s gifts through that transition will make a difference in the lives of those to come.
“Lutheran Foundation of the Southwest Works to Recognize, Inspire, and Facilitate Legacy Stewardship.”
2017 was another good year. We developed Current Gifts of $288,901, Legacy Gifts of $9.95 million and $1.4 million legacy endowments with congregations that invested over $1.4 million in the ELCA Fund A . We also paid out over $900,000 in endowment income and outright gifts to our Sponsors. We also distributed income or outright gifts to ELCA congregations in Texas for $297,490, ELCA seminaries for $147,126, and Lutheran Universities outside of Texas for $69,970.
In 2018 we will continue across the synod areas working with congregations on educating and facilitating legacy gifts. We will meet with individuals and educate and facilitate their legacy gift that can help their congregation, and our sponsors, and other ministries near and dear to their hearts. They will change the world thru their legacy plan, and leave their handprint on various ministries.
Thanks to our strong Sponsors, Board of Trustees and Staff, 2018 should be an exciting year as we continue to grow and spread our ministry.