Rector's
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The Saint Luke's Foundation
May 15, 2012
The Saint Luke's Foundation: The Best Kept Secret
You may not know this, but in 1974, a foundation was set up for the purpose of furthering the missions and ministry of our church. Since an initial contribution of 8,500, this trust has grown to approximately 1.5 million. As a result, approximately 500K has been distributed to local outreach within the last decade.
I like to say that this ministry is the"best kept secret at Saint Luke's," and I think I know the reason. From the very beginnings of Saint Luke's there has been a valid concern over ours becoming an "endowed" parish to the extent that we would become dependent on trust income and lazy in our stewardship.
For this reason, the Saint Luke's Foundation is not to be used to defray normally budgeted items, and this with a budget of more than 3 million annually. Instead, the foundation allocates trust income for outreach, scholarship, and capital needs. The Foundation becomes a launching pad for projects and outreach that are otherwise beyond our means.
Giving to the Foundation is simple, and gifts of any size can be made. Gifts may be memorial, anonymous, and may include gifts under will, stocks, bonds, life insurance, real estate, retirement plan designations, charitable remainder trusts, and cash.
In 2012, we encourage all of our members to consider how the Saint Luke's Foundation might further our own ministry of Stewardship to God and His Kingdom. Any financial advisor or member of the Board will be happy to help formalize a plan.
In the meantime, I ask that you pray for the ministry of our Foundation, pray our beloved Saint Luke's, and let us grow in giving together!
Yours,
Richmond Webster
Rector
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