St. John's Foundation
The purpose of the Foundation is to support maintenance, beautification and capital improvements to the physical plant and structures of St. John’s Lutheran Church. As a secondary purpose, the Foundation may, from time to time, consider support for special projects that are designed to benefit St. John’s and its Members.
All active confirmed members of St. John’s Lutheran Church are members of the Foundation.
The Foundation meets quarterly: January, April, July, October. Meetings are the fourth Monday of the month starting at 5:30pm. Annual meetings of the Foundation are usually on a Sunday in June, depending on the Church calendar.
St. John’s Lutheran Foundation, Inc. is a non-profit charitable foundation in accordance with IRC Section 501(c)(3) and 509(a)(2)
Ways of Giving to the Foundation
Cash Gifts
Immediate benefit to the Foundation
Charitable tax deduction, which reduces net cost of gift
SimpleSpecific Bequest by Will
Current use of funds
Charitable Deduction on Federal Estate Tax ReturnGifts of Appreciated Securities (Stocks, Bonds, etc.)
Immediate benefit to the Foundation
Additional tax savings compared to cash gifts
Current market value is used to determine cash value
No capital gains taxGifts of Life Insurance
Policy affords premiums with eventual large pay-off
Annual premiums are tax deductible
Provide a guaranteed contribution not subject to fluctuations
Existing paid-up policies can be re-designated to FoundationCharitable Remainder Trust
You retain the income from assets during your lifetime
Removes assets from your taxable estate
Trustee handles investment and pays income to you
Unless specifically designated, your gift to St. John’s Lutheran Foundation is invested with the income generated by the Endowment used toward the purposes of the Foundation.
If you have any questions or would like to learn more about the Foundation, please contact Joel Lunde, President at Jlunde@stjohnsdsm.org.
St. John’s Lutheran Foundation Board
Joel Lunde - President
Richard Hansen - Vice President, Investments
Jim Bernau - Treasurer
Carol Fisher - Secretary
Kent Hartwig
Becky Lau-Ekstrand
Jason Madden
Melissa Schrof
Jacque Warming