History
The Gloria Dei Endowment Fund was organized in 1989 to provide for our Lord’s mission and ministries over and above the budget of Gloria Dei’s Nassau Bay Fund (General), including student events and mission trips, international missions, and other activities as approved by the Endowment Fund Committee and Senior Pastor.
What sets the Endowment Fund apart from other funds of Gloria Dei is that contributions by donors to the Endowment Fund are invested and are never spent. However, the income from these invested contributions will continue forever to be used for various ministries of the church.
Through the Endowment Fund, we are able to provide a permanent source of income to support the church’s Christian outreach. The Endowment Fund Committee will establish the funding priorities for the endowment earnings and direct them to the specific programs that reflect the needs and interests of the congregation.
Some of the ministries the Fund has supported to date include Lutheran Education Assistance, Bibles for Russia, CALMS - Guatemalan Children and Panama child support, Faithful Servant program, Compassion International child support, Kidz Jr. entrance, Freed Up Financial Seminar, Day One Christian Academy playground, Student mission trips, and Student Impact Week.
The Endowment Fund has grown slowly, but now has over a 1/2 million dollars in assets. With your help, the Endowment Fund will grow larger so more ministries can be supported. If you are interested in using a portion of your assets as a legacy to the future ministries of Gloria Dei, a member of the Endowment Fund Committee would be glad to discuss this with you. For further information, email Crystal Oliver or any Endowment Fund Committee member below.
How to Give
We encourage members and supporters to make legacy gifts to the Endowment Fund which will provide stable and growing resources to further its mission and ministries. Create a legacy with your gift to the Endowment Fund.
Some examples of creative ways to leave your legacy include cash, memorials and tributes, bequests, life insurance, securities, retirement plan beneficiary designations, remainder interests in property, charitable gift annuities, charitable remainder trusts, and charitable lead trusts.
Committee Members
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Eric Dagley (Chair; Investment Subcommittee),
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Becky Rosenhagen (Secretary),
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Hugh Ferguson (Investment Subcommittee),
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Gary Bell (Vice Chair; Investment Subcommittee Chair),
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Harv Hartman (Awareness Committee Chair),
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Kyla JanecekRonnie Ritter (Investment Subcommittee),
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J.P. Morris (Investment Subcommittee),
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Pastor Dan Schepmann (Staff),
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Cindy Bowman (Financial Coordinator),
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Ashley Rachner (Awareness Committee),
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Crystal Oliver (Staff)