Annual Report
Grace Lutheran Church Foundation
January 2017

Twenty-two years ago, the Grace Lutheran Church Foundation was established at the 1995 Congregational Meeting. The congregation had received a generous gift from Carl and Alice Ronnenkamp, which became the initial funding for the Foundation. Since then the Foundation’s value has grown to $581,536 (as of Dec. 14, 2016). In June of 2015, the Foundation awarded our largest grant ever, matching funds up to $100,000 to the “Giving it Forward Initiative” to reduce or eliminate the Grace Lutheran Church mortgage. The Foundation has already matched $84,608.14 and expects to match the remaining $15,391.86 as pledges are received.

The Foundation administers multiple funds, some of which are endowed and many that have specific designated purposes. The Foundation is dedicated to preserving the endowed funds while using their earnings to support projects that will enhance the mission of Grace. Since 2008, the funds of the Foundation have been managed by the Endowment Fund of the Evangelical Lutheran Church in America.

During our existence as a Foundation, we have awarded $476,521 to a variety of projects that support the mission of Grace. The Foundation currently has $40,682.05 available for awards. For more information about grants we have awarded, pending grants, and how to apply for a grant from the Foundation, please visit our website grace97330.org/Foundation/home.html or contact a member of the Foundation Board.

During 2016 we awarded the follow grants:

Volunteer Appreciation
Telephone System
Lutheran Staff Association Conference
Women’s Spring Fling
Jackson Street Youth Shelter Project (matching)
Sandcastle Preschool Scholarships
Confirmation Summer Camp
Handrails to Chancel area
North projector replacement
Church Libraries Conference
Lutherfest in support of Luther House
Daytime Drop-in Center Matching Funds
WITO – matching funds to assist refugee family
Benton Furniture Share / fuel costs
Belize Project in support of Martina Vega
Holden Village Women’s Retreat
House of Zion
Drawings for remodel of Chancel Area 		$ 627.06
$ 18.98
$ 500.00
$ 167.00
$ 1,500.00
$ 6,309.00*
$ 600.00
$ 575.00
$ 987.42
$ 723.74
$ 2,500.00
$ 500.00
$ 4,800.00*
$ 1,500.00
$ 336.00
$ 3,625.00*
$ 600.00
$ 5,000.00*

Total grants

*Some or all of these funds are still pending

$30,869.20


We often award grants of up to a specific amount. This results in some grants actually being funded for less than the maximum of the grant. These numbers represent actual dollar amounts dispersed rather than the requested amount except in the grants that have not been fully funded. Grants to groups outside the congregation must be sponsored by a member of the congregation.

Sincerely,
Carolyn Warloe
President

Foundation Board 2016: Carolyn Warloe (President), Shelly Lundahl (Treasurer), Hal Dick (Secretary), Anne Orwick, Kris Saathoff, Bill Strohlein, and Kathy Vohland. Pr. Wendell Hendershott and Jeff Beck are ex officio members of the Board. Joy Linn is Administrative Assistant.

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