GRACE LUTHERAN CHURCH FOUNDATION NEWS Caring for the Ministry of Grace: "Ecclesia Perpetua" December 2011
Board of Directors Carolyn Warloe President Tom Kiersky Treasurer Hal Dick Secretary Shelly Lundahl Director Kris Saathoff Director Anne Orwick Director Neil Christensen Director Molly Hallgrimson Ex-Officio Pastor Wendell Hendershott Ex-Officio Joy Linn Administrative Asst. The Grace Lutheran Church Foundation is a professionally managed corporate nonprofit foundation established by Grace Lutheran Church, Corvallis, Oregon.
	"Leaving a Legacy" Workshop Report By Neil Christensen and Anne Orwick
	The Grace Lutheran Church Foundation hosted The Rev. Keith Nelson, Gift Planning Director for the ELCA Foundation, on Sunday, October 9, 2011. Pastor Nelson delivered the sermon at both services, led a Bible study on giving, and presented a seminar entitled "Leaving a Legacy" following a light lunch in Ronnenkamp Hall. Thirty persons attended the luncheon and seminar, including Oregon ELCA Synod Mission Gift Developers Bonny Groshong and Tonia Lindquist. The ELCA Foundation exists to strengthen the financial capacities of ELCA ministries, congregations, synods, agencies and institutions. This goal is accomplished by: Encouraging and facilitating life-long stewardship through current and planned giving, Offering financial education, resources, and support services, and Providing endowment management services. In the seminar, Pastor Nelson explained that the ELCA Foundation can receive many types of gifts, including cash, life insurance, qualified retirement plans, real estate, and securities. Gifting options include bequests, charitable gift annuities, charitable remainder trusts, donor advised funds, donor-directed distribution agreements, and memorial endowment funds. Among the resources available to Grace Lutheran Church members and friends free of charge are estate planning workbooks and information sheets. Two resources that will be of interest to many are the "Will and Trust" and "Important Notes About My Estate" workbooks. To learn more about the ELCA Foundation or download documents visit ELCA: Who We Are, Our Three Expressions. Please contact one of the members of the Grace Foundation Board if you need assistance in downloading the resources available.

Grace Lutheran Church Foundation Financial Report January 1 - September 30, 2011 Contributions Foundation Total Assets * Expenses $5,210.00 $482,792.09 $18,706.12 Projects Approved Baptism 'donations' for children under     age 16, $50 each Kenya Mission (matching funds) Kitchen: sink, faucets, countertops AED Replacement (Nurse Fund) Sandcaste Preschool Storage Cabinets Library Education and Training $500.00 $6,500.00 $4,698.61 $1,225.00 $1,183.00 $125.00 Memorial Funds Rectangular tables, 7 Wheelchair Accessible bathroom (Rudolph) Sound system replacements (Skwark) Building Signage Replace wireless microphone     (partially Skwark) $350.00 $850.00 $825.00 $377.00 $450.00       Total Projects $16,926.97 * The Foundation's total assets on January 1, 2011 were $541,926.38. Estate planning is for the rich? Wrong! Estate planning is helpful to just about everyone. Some people have larger estates than others, but each person has an estate. The smaller the estate, the more important it is to conserve the property. Estate planning is long-term money management. It means listing your assets and making legal arrangements to pass them on as you decide: to your family, friends, congregation, or other charitable institutions. It is a way of extending yourself, your influence, your hopes and your aspirations. Our thanks to the Oregon Synod for providing this information.

The Board of Directors acknowledges the generosity of the following people for donations: May 2011 In Memory of Harold Werth Carl Erling, Seattle, WA In Memory of Hans Neukomm Eldon and Carol Erickson, Corvallis, OR June 2011 In Memory of Steve Larson Marlyn and Janice Ryum, Mesa, AZ In Memory of Eldon Erickson Anita McEldowney, Corvallis, OR July 2011 Anonymous In Memory of Eldon Erickson Marilyn Bervin, Philomath, OR Iona Trapp, Corvallis, OR James and Donna Wernz, Philomath, OR Kraig and Mary Beth Jacobson, Eugene, OR Marlyn and Janice Ryum, Mesa, AZ Harold and Gloria Werth, Corvallis, OR Larry and Carole Boersma, Corvallis, OR Wayne H. Phillips, MD, Corvallis, OR Herb and Donna Hansen, Corvallis, OR August 2011 Harry Duranceau, Corvallis, OR Henry and Vivien Chrostowski, Corvallis, OR In Memory of Steve Larson Phyllis Jackson, Federal Way, WA Marilyn Loftsgard, Corvallis, OR Iona Trapp, Corvallis, OR Dale and Mary Jane Weber, Corvallis, OR Ron and Kay Larson, Corvallis, OR In Memory of Eldon Erickson Dale and Mary Jane Weber, Corvallis, OR October 2011 Harry Duranceau, Corvallis, OR Henry and Vivien Chrostowski, Corvallis, OR Norval Thomas, Corvallis, OR In Memory of Edith Heise Norma Moody, Corvallis, OR