1. MISSION/PURPOSE: The purpose of the people in need in our Congregation,
Zion Endowment Fund is to serve as a our community, our nation, or
means for donors who wish, through their elsewhere in the world.
charitable gifts, to advance the mission of
the church by providing permanent funding TYPICAL DISTRIBUTION AMOUNTS: Total
for special missions, scholarships and annual distribution amounts available are
outreach ministries of the Congregation and based on annual investment earnings and
the wider church. recently have varied between $3,000 and
$5,000. Individual scholarships and grants
THE ENDOWMENT COMMITTEE: The Fund awarded have ranged from $500 to $1,500
is managed by an Endowment Committee, each.
elected by the Congregation, which has
authority to accept charitable gifts to the APPLICATION PROCESS: Committee
fund, invest funds, and to consider and distribution decisions are based on written
distribute funds consistent with the applications received by an announced
following established guidelines. deadline, normally in the first week of
August each year. (Watch for published
DISTRIBUTIONS: Distribution of funds will announcement of deadline). Scholarship
be made annually to accomplish the application forms are available from the
following purposes: Church office or web site. Grant
applications can be submitted in letter form
Scholarships to attend college. describing the purpose of the grant and
Preference will be given to; budget details.
members of Zion Lutheran Church in
good standing, students attending
an ELCA college, students preparing
for a Church occupation, students
with greater financial need, and
students in more advance stages of
education.
Mission development (home or
foreign); financial support to
individuals or organizations involved
with the extension of the Church in
foreign countries or within the
United States, such as new mission
congregations, or support to
missionaries to countries outside the
United States.
Outreach ministries. This includes
support for creating, enhancing, or
supporting spiritual growth or caring
ministries reaching out to groups of