TLC Foundation

Trinity Lutheran Foundation….

Meaningful Gifts for Tomorrow

How do you want your gifts distributed to the people and ministries you care about after you are called home to heaven?

It is an important question and one you do not need to answer by yourself.  The Trinity Lutheran Evangelical Congregation Foundation, Inc. can guide you to a meaningful plan that reflects your wishes.

 

+ Trinity Lutheran Foundation Mission Statement

Chartered August 1, 2013, the purpose of Trinity Evangelical Lutheran Congregation Foundation, Inc. is to Aid and Assist

  • the Church and School through solicitation and administration of gifts, grants, contributions, funds, devices and bequests of money and property.
  • the students attending institutions of Christian education affiliated with the Lutheran Church.
  • To Support the institutions of Christian Education and ministries of Christian care and outreach.
  • To Promote and encourage Christian stewardship among members of the Church by modeling and providing educational support, materials, and resources to members.
"He who supplies seed to the sower and bread for food will supply and multiply your seed for sowing and increase the harvest of your righteousness. You will be enriched in every way to be generous in every way, which through us will produce thanksgiving to God.  For the ministry of this service is not only supplying the needs of the saints, but is also overflowing in many thanksgiving to God." 
2 Corinthians 9:10-12

Board of Directors 

President: Larry White

(lwwhite@wyoming.com) 

Vice President: Fred Nolting

Treasurer: Mark Medow

(markmedow11@gmail.com)

Secretary: Loren McKiernan

(lmckiernan@wyoming.com)

 

 

Advisors

Jack Hildner

Gordon Medow

Melanie Sims

Jim Brodle

Ways to Allocate

A gift to Trinity Lutheran Foundation may be given with or without designation for a specific area of ministry in which the donor has a personal interest.

  • Designated Gifts

Gifts may be designated for a fund already established by the Foundation. Gifts may also be designated for a specific area such as education, outreach or capital projects.

  • Undesignated Gifts

 Gifts are used to award grants and benefits to areas of ministry that need it most. The Foundation Board of Directors is charged with evaluating requests and disbursing funds.  Approval of the Church Council is required for grants greater than $5,000.

  • Endowment Gifts

Long-term gifts with the donor intent to preserve the corpus and use investment income only may be given with or without restrictions. Wills, trusts, life insurance policies, annuities, stocks, and other gifts that are managed by the Foundation - will be distributed according to the desires and wishes of the donor.

Types of Gifts

  • Cash Gift - Any gift given in the form of cash or check
  • Bequest Gift -  A charitable bequest in your will or trust.  A bequest  gift can direct specific assets, specific dollar amounts, a percentage of your estate, or the remainder of the estate to the Foundation.
  • Retirement Plans and IRA by Beneficiary Designation -  Assets that grow tax deferred may have significant income tax consequences for an individual beneficiary on your death.  However, a charitable gift through beneficiary designation of these types of assets at your death allows a portion of the entire value to be used for the purpose you determine.
  • Life Insurance Gifts -  Life  insurance policies are a versatile way to make sizeable gifts with a minimal outlay of cash.  You can complete a gift through several methods.
  • Gifts of Stock -  Appreciated stock given to the Foundation allows you to contribute the value of the stock for charitable purposes now.  This type of gift allows you immediate tax deduction for the fair market value of the stock, and you avoid the capital gains tax on the assets as well.

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