An estimated 50% of Americans do not have a will and many more have done no serious estate planning. Even when there is a plan, oftentimes Christian ministries are unintentionally forgotten. An endowment fund is a commonly used tool that will enable donors to sustain Divine Redeemer's mission and ministry over an extended period of time. The Divine Redeemer Ministry Endowment Fund was established in November of 2014 to encourage and facilitate sound financial planning that will give families peace, provision and protection while also supporting the ongoing mission of God's church.
The Divine Redeemer Ministry Endowment Fund can help you:
- Create a lasting Christian Legacy
- Provide financial support over an extended period of time
- Support ministry activities beyond the congregation's budget
- Make tax advantaged gifts that will protect your loved ones.
How does the Endowment Fund Work?
The purpose of the Endowment Fund is to receive and manage gifts and bequests that will sustain Divine Redeemer’s mission over an extended period of time. This is a separate fund that will support ministry activities beyond the congregation's budget. The goal is to build a fund balance over time that will generate ongoing income to support mission and ministry activities well into the future. The Endowment Fund is managed by a Board appointed Endowment Fund Committee. As custodian of the Endowment Fund, the Committee is responsible for receiving, managing and distributing all Fund assets.
How Will the Endowment Fund's Assets be Used?
The Endowment Fund will make periodic distributions of available funds to selected ministry categories. Distribution recommendations will be made by the Endowment Fund Committee and no assets of the Fund are to be used for the congregation’s operating budget. Within certain guidelines, donors may designate their gift to be used for a particular purpose and those funds will be administered as directed by the terms of the gift.
How Might I Learn More About the Ministry Endowment Fund?
Consult your financial advisor, tax specialist or attorney to learn how these different giving methods will benefit you, your loved ones and our Christian mission. For more information and direction concerning a legacy gift to the Endowment Fund, please contact the church office or Pastor Jeff.
The Ministry Endowment Fund has partnered with Crescendo Gift Legacy services to provide comprehensive gift and estate planning information. Crescendo Interactive is the largest provider of planned giving information and solutions with over 8,000 clients. Crescendos services are supported by a staff of in-house technical and legal experts.
Board Appointed Members
Dennis Pordon - Chairman
Paul Flaa - Financial Secretary
Ron Bader - Member
Ginny Braun - Member
John Raasch - Member
Standing Committee Members
Pastor Jeff Schubert - Executive Pastor
Renee Kandler - Business Manager
Chuck Howard - President of the Board of Directors