Board of Directors
Jack Hildner, President
Carlta Witthar, Vice President
Bonny Medow, Treasurer
Melanie Sims, Secretary
Vic Albrandt, Director
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.
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.
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.