Faith Forever Endowment Fund

The purpose of the Faith Forever Endowment Fund is to receive gifts that are invested so that earnings can be used annually to support the ministries of St. Paul’s congregation.

Gifts of cash or property can be received from current income or assets, as a bequest from an estate, or by using a beneficiary designation from an insurance policy or a retirement fund.

Gifts should be designated for St. Paul’s Faith Forever Endowment Fund, and as stated below, can be directed to support any of five ministry areas.


You can designate your gift for any of these five ministry areas:

(Gifts not designated for a specific area of ministry are directed to support the school.)


How can I support this mission?

St. Paul’s has received gifts ranging from a few hundred dollars to over $1.4 million. It isn’t the size of the gift, but the thought behind it. We welcome any gift that is given thoughtfully and supports the stewardship goals of the donor.

Ways to give

  • Bequests — giving your assets through your will
  • Property transfers (such as cash, stocks, bonds, and real estate)
  • Charitable gift annuities
  • Memorial gifts
  • Assignment of life insurance benefits
  • Assignment of certificates of deposit
  • Beneficiary changes
  • Charitable remainder trust

History

The fund was established in 1972 as part of St. Paul’s centennial celebration. The church family gave thanks for the past and looked ahead to the future for its school, a remarkable place of quality education in a Christ-centered environment.

The fund distributes income to support the ministry of the school and its far-reaching impact on lives and communities. The fund has also evolved so donors can designate other ministries of the church.

How is the fund managed?

The Endowment Committee is responsible for the prudent investment and management of the fund. The committee consists of St. Paul’s members, appointed by the Church Council. The head of staff pastor and the director of administration serve as advisory members of the committee.

At the annual meeting of the congregation, the committee presents an account of donations, income, and distributions. That account is part of the church’s annual report and is available to all members.

Endowment Committee Members

  • Jack Dahlby, chair
  • Renae Bockholt
  • Vern Byl
  • Mark Piel
  • Derek Solheim

 


Who may I contact?

Speak to one of the pastors or any member of the Endowment Committee. Confidentiality is always respected. Special expertise may be available from your attorney, insurance agent, or financial adviser.