What is the Endowment Fund?
The Endowment Fund is a special fund that has been set up for the advancement of Ascension Lutheran Church's mission, operations, and outreach efforts.

How does the Endowment Fund work?
The Endowment Fund is a special investment fund.  Investment income from this fund is used to pay for needs as determined by the directors of the Fund.  Only investment income can be spent.  As of March 31, 2008 restricted corpus of the Endowment Fund has been established at $1,443,339.25 and the unrestricted fund is $891,676.16.

Who are the directors of the Endowment Fund?
The present directors of the Fund are Joan Semrad, Bob Luebke, Ray Dietrich, Bob Remiker, Ken Berg, Tom Tamms, Marilyn Lange, Roger Rustad and Mark Thomsen.

What are some of the things that Endowment Fund earnings are used for?
Recent expenditures approved from Fund earnings have included budget support for the church, improvements to the church property, funds for Camp Indian Sands, brochures to spread the word about the church, contributions to the Stewardship Program, and grant funding for AMIS, Partnership Congregation, and other miscellaneous grants.

How can I get involved with the Endowment Fund?
All members of Ascension Lutheran Church are by definition in the articles and by-laws members of the Fund.  You can contribute to the Fund in a number of ways: outright gifts, naming the Fund as a remainder interest in an appropriate plan or account, gifts by bequest, etc.  Please remember that once a gift is made to the Fund it can not be spent.  It is added to the corpus of the Fund and can only be invested, with the income from the investments being used to fund programs.

If you are interested in contributing to the Ascension Lutheran Church Endowment Fund, please print and send this form.