The Seminary’s vision is to be the world leader in Lutheran ministerial formation, scholarship and theological resources. In our quest to achieve this vision, the endowment of the Seminary will be strengthened through additional gifts, wise investment policies and the careful stewardship of earnings.
Thanks to the generosity of our donors, we are funding operations — including generous amounts of student aid — through current giving and endowment income, with the intent to grow total endowment to $200 million by 2025.
Increasing the size of our endowment will provide blessings not just for this generation, but also for generations to come. Special gifts and bequests are blessings that will sustain the mission of the Seminary to prepare pastors and leaders who effectively proclaim Christ’s salvation beyond today.
Why give to an endowment?
- Leave a legacy
- Honor or remember a loved one
- Honor or remember a pastor
Endowment funds are created for the purpose of generating perpetual earnings and ongoing, increasing worth. The original gift to the “corpus” — the total of the original gift amount — will never be spent. Gifts deposited in the endowment will be treated as permanently restricted funds. Only the earnings will be eligible for distribution at a rate determined by the Seminary’s Board of Regents.
FUND | $1-$24,999 | $25K-$99,999 | $100K-$1.9M | $3.5M+ |
---|---|---|---|---|
Helping Hands Operational Endowment (Unrestricted) | ✓ | ✓ | ✓ | ✓ |
Student Financial Aid Endowment Fund | ✓ | ✓ | ✓ | ✓ |
Other existing funds | ✓ | ✓ | ✓ | ✓ |
Named endowment | ✓ | ✓ | ✓ | |
Faculty chair | ✓ |