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(only earnings available) Ronnenkamp – a general fund. Parish Nurse – to support the parish nurse program. Pipe Organ – to support the GLC organ. Grace Center – to support the Center. Kuehn – for church choir music. Library – a small fund dedicated to assisting the library.
The Foundation also administers memorial donations given in memory of members and friends of Grace Lutheran Church. |
(principal and earnings available) Brian Smith Medical – for use when a catastrophic and overwhelming health problem or medical need seriously impacts household finances. Musical Instrument – to purchase and maintain instruments. Schultz Youth Fund – to support group youth activities that further the church mission and values in the community. Technology – to purchase and maintain computer and audio/video items for church use. William and Lorraine Benson Music Fund – to support traditional music, the pipe organ, and the grand piano. |
What is it? Grace Lutheran Church Foundation is a nonprofit foundation established on January 22, 1995, by Grace Lutheran Church, Corvallis, Oregon. Funds are professionally managed in an investment management account. What is its purpose? To provide a means for members and friends of Grace Lutheran Church to extend the ministry of the congregation, to enhance the quality of that ministry, and to establish memorials as living testaments to those to be remembered. Does the Foundation provide tax benefits? Yes! Most gifts are tax deductible How does the Foundation grow? Through gifts of cash, and Foundation-accepted gifts of real estate and personal property; through bequests or as a beneficiary; through asset appreciation and interest earned What is an endowed fund? An endowed fund is one where the original gift(s) or principal is preserved in perpetuity. Only earnings are available to be used. May gifts be designated? Yes! |
Computers – pastors, office, Discipling Ministries, Music Director Instruments – grand piano, drums Acolyte and communion robes Communion kits Choir music Library books Youth group functions Audio-visual system, projectors Furniture Workshops – End of Life, Men’s Ministry Landscaping Street sign Medical expenses – members Altar Guild
and world Luther House Medical expenses – non-members House of Zion Ministries Missions to Nepal, Kenya, Senegal
Benefits The Grace Lutheran Church Foundation provides an opportunity for members and friends of the congregation to establish, enrich, sustain, and complete programs and projects in pursuit of the Lord’s work in our midst, our community, and beyond. |
What are some ways to donate to the Foundation? There are many ways to contribute to the Foundation. Some examples are: through cash donations of any size; through the gift of appreciated stock; by designating the Foundation as a beneficiary of a retirement or other account or a life insurance policy; through annuities where you receive income during your lifetime; through the donation of real estate, etc. Good stewardship suggests that each person should plan for the disposition of life's accumulations at death. It is wise to prepare that plan in consultation with an attorney to make certain that it is legal and clearly states your wishes.
we bring our best today to serve your cause and share your love with all along life’s way. O God, who gave yourself to us in Jesus Christ your son, teach us to give ourselves each day until life’s work is done.” Hymn 695, ELW
Call the church office 541-757-1600 or write: Grace Lutheran Church Foundation 435 NW 21st Street Corvallis, OR 97330
Revised June 2014 |