Annual Report
Grace Lutheran Church Foundation
January 2018

Twenty-three 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 $625,760.53 (as of November 15, 2017). The value of the Foundation continues to grow through our investments and gifts both large and small.

The Foundation administers thirteen funds, some of which are endowed and most have specific designated purposes. The Foundation is dedicated to preserving the endowed funds while using their earning 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 $518,013 to a variety of projects that support the mission of Grace. The Foundation currently has over $86,000 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 2017 we awarded the follow grants:

T.V. for catechetical instruction
500th Anniversary of Reformation Celebration
Grace Center Distribution
MIF4Kidz- baptismal funds
Giving It Forward Initiative 1:1 matching
Easter Breakfast Matching Funds for Youth Gathering
Lutheran Church Musicians Conference
Bench for Atrium - Werth Memorial
Home health care expenses - Mueller
Luther House - Lutherfest 2018
Camp Magruder Women’s Retreat
$279.99 
$2,939.00 
$ 1,163.81 
$ 200.00*
$30,000.00*
$1,000.00 
$1,163.81 
$195.42 
$400.00*
$2,700.00 
$1,450.00 

Total grants

*Some or all of these funds are still pending

$41,492.03


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 2017: Hal Dick, Kris Saathoff, Kathy Vohland, Shelly Lundahl, Bill Strohlein, Carolyn Warloe, and Anne Orwick. Wendell Hendershott and Jeff Beck are ex officio members of the Board.

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