Dear Friends,

The mission of the Foundation is 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.

 

LFSW works to Recognize, Inspire, Facilitate, and Teach Legacy Stewardship.

 

2019 was another incredible year. We developed new legacy gifts of over $18.5 million (up over 38% over 2018). We paid out over $1,000,000 (up 7% over 2018) in endowment income and outright gifts to our Sponsors. We also distributed income or outright gifts to ELCA Churches in Texas for $431,982, ELCA seminaries for $203,271 and other lutheran organizations for $90,071.

 

In 2020 we will continue across the synod areas working with congregations, individuals and our sponsors on educating and facilitating legacy gifts.

 

As always we will listen to the charitable passions of the donor and the donors’ vision of how they want to help the ministries near and dear to their heart, and take care of their families. We will facilitate in their quest to create a meaningful legacy plan.

 

Thanks to our strong Sponsors, Board of Trustees and Staff, 2020 should be another year full of possibilities as we continue to grow and spread our ministry.

Mark S. Armstrong, Executive Director

Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver.

– 2 Corinthians 9:7

Total Assets and Related Assets

09/30/2019 – $93,858,446