Remember the Future and leave a legacy that changes lives… a legacy that sustains and enhances the Christian outreach efforts of Trinity Lutheran Church for the benefit of our local, national and worldwide communities.
Leave a legacy that will help to alleviate hunger, homelessness and substance abuse for years to come. Leave a legacy that will help educate our young and lead them to a life of service to their communities.
Leave a legacy that will inspire others to also want to express how much the church has meant to them through the years. Consider a bequest or gift to the Trinity Lutheran Church Endowment Fund.
The Trinity Lutheran Church Endowment Fund is a perpetual fund from which earnings are distributed annually. With the establishment of the Scholarship Fund in 2014 as part of the Endowment Fund we are now able to provide higher education scholarships for Whidbey Island Students.
In 2016, $82,000 in scholarships were distributed to local students from several funds, such as the Terry Lee Otey Scholarship Fund and the Ruby Scholarship Fund, plus a portion of the general endowment managed by Trinity Lutheran Church.
The fund has grown as a result of bequests of all amounts and by the gifts given each week as we come together to worship. Gifts to the endowment fund are often tax deductible. In many cases, gifts and bequests can favorably reduce taxes on your estate, leaving more money to your heirs, and putting more of it to work in active ministry.
■ Designating a portion of your estate in a bequest
■ Assigning your life insurance benefits
■ Assigning or transferring property such as cash, stocks, bonds,real estate
■ Setting up a charitable gift annuity or a charitable remainder trust
■ Making memorial gifts given in honor of family or friends
The Trinity Lutheran Church Endowment Fund is managed by the Endowment Committee which consists of seven members nominated by the Church Council and elected by the Congregation. In addition, the Senior Pastor and the President of the Church Council serve as non-voting, ex-officio members. Committee members serve for three years.
The Committee selects and provides oversight for the various funds to ensure that prudent investments are made that preserve and grow the principal of the Endowment Fund.
Many in our community are deeply concerned about the state of the world. For good reason. People around the globe are suffering. Hunger, oppression, addiction, slavery, and poverty continue in our world. It is troubling. Christians in the Middle East are being exterminated. The cradle of Christianity will soon be barren of all who carry the name of Jesus.
Jesus said, “The poor will be with us always.” This is not God’s intention. It is a statement reflecting the reality of life in a fallen world, where food is hoarded and the bounty of God’s creation is not shared.
The people of Trinity Lutheran Church cannot feed the world. We cannot alleviate the suffering of the masses. We cannot change the course of global warming. Having said that, we can change the world. We can change the lives of some. We can make a difference in our families and in our community.
The 2016 Endowment Grants were approved by our Church Council and distributed as follows:
$6,000 to Lutheran Community Services Washington to assist in Refugee Resettlement in the Seattle area.
$3,000 to support our High School Students as they take part in a life changing mission trip to Haiti in the Spring of 2017.
$2,000 to the South Whidbey Homeless Coalition.
$2,000 to the Compass Housing Alliance in Seattle as they provide housing for the most vulnerable in our society.
$1,000 to the South Whidbey at Home ministry as they help our Senior population to age in place—at home.
$1,000 to the Bonswa Mission in Haiti to help the poorest people in our hemisphere.
The poor you will have with you always. We cannot alleviate all poverty by ourselves, but we can make a difference in the world. We do make a difference in the world.
The $15,000 from the Endowment comes alongside the $82,000 that was previously granted by the Endowment in scholarships. That $97,000 comes alongside of the $75,000 that has been given to charity through your General Fund offerings. That $172,000 is joined by an additional $40,000 in designated gifts to charities on Whidbey Island and across the world.
The poor you will have with you always. In the far corners of the globe the impoverished huddle under quilts made at Trinity Lutheran Church. Your neighbors are kept warm by our Trinity Woodcutters. The residents at Western State Hospital will have Christmas this year — thanks to you!
Families that could not afford to give their children a Preschool education are provided with scholarships. Counseling services are provided at TLC free of charge. The dead are buried. The sick receive visits. Toys are collected for children. The people on the streets of Seattle are cared for and listened to. More than 48 non-profit groups find safe shelter for their meetings at TLC every month.
We cannot save the world. We cannot alleviate all suffering and poverty. But we can make a difference. We can be a beacon of hope. We can provide a safe place for the immigrant, the marginalized, the alien, the fearful, and the forgotten. Let us never waver in our
WILL AND TRUST WORKBOOK
The ELCA website offers helpful information, videos, and checklists on planning your estate. There is a step-by-step will planner that can help you get started.
What’s going on in Washington DC? Several articles including Increases in US Tax Receipts and Opportunity in America are highlighted on the ELCA website.
Advice from an attorney, and other professional advisors should be sought. To learn about ways to make legacy gifts through your will, contact Trinity’s Endowment Committee, or Beth Adams (855-953-4401), Regional Gift Planner for the ELCA Foundation.
To read our online 2016 Endowment newsletter, click on the Fullscreen symbol in the lower right corner. Note: Disregard the more button as it does not link to TLC Publications.