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.
“ LFSW works to Recognize, Inspire, Facilitate, and Teach Legacy Stewardship.”
2018 was another good year. We developed new legacy gifts of over $13.4 million (up over 22% over 2017). We paid out over $934,000 (up 18% over 2017) in endowment income and outright gifts to our Sponsors. We also distributed income or outright gifts to ELCA churches in Texas for $285,000, ELCA seminaries for $177,492 and other Lutheran organizations for $76,739.
In 2019 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 them. They will leave a LEGACY that will benefit all.
Thanks to our strong Sponsors, Board of Trustees and Staff, 2019 should be an exciting year as we continue to grow and spread our ministry.