Many people, out of grateful thanks to God, give a set amount to WELS each year. We praise Jesus for this consistent generosity and faithfully use these gifts to carry out our ministry (see “Your Gifts, God’s Blessings—An Annual Report to Our Members”). Realizing the need for these consistent gifts, some have taken a step to ensure their gifts continue forever!
In their estate plans, they have arranged for part of their remaining assets to go to be given to a WELS endowment fund. The result will be that their current annual gifts continue in perpetuity. To God be the glory!
Here’s how it works: A gift to an endowment fund is not spent immediately but is invested in a diversified investment portfolio. Annual distributions from the endowment funds are used to provide a source of ongoing financial support for our ministries. The endowment is managed in such a way that the distributions are anticipated to keep up with inflation. This method preserves the spending power of each year’s payout.
How do you figure the amount to give to extend your annual gift? Using the typical endowment distribution policy of four percent each year, a bequest that is 25 times the amount of your annual gift will assure that it is financed forever.
Individuals, families, churches, and other WELS organizations can also set up their own endowment funds through WELS Foundation for the benefit of WELS gospel ministry. Learn more and receive free assistance with this type of gift through your local WELS Christian giving counselor. We are grateful for your annual gifts and, as God has blessed you, invite you to explore how you can continue that support.