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Endowment Earnings Distribution Process

Each year, our Endowment Team distributes, according to the governing documents of our current Endowment Account, a minimum of 10% of the distributable assets (earnings) from our Endowment Fund. The amount to be distributed in 2024 is $14,600.00  As part of this process, the team seeks recommendations from the congregation for recipients of those funds.  Recipients must be organizations that are benevolent in nature.  To make a recommendation, this form should be completed and returned to Karen McLaughlin, Endowment Team Leader, via email by May 15, 2024.  What a blessing our Endowment Fund continues to be in the ministry of First Lutheran!