Mission Endowment Fund
Good Shepherd has a mission endowment fund in place for those who want to give toward the future ministries of the church. A mission endowment will grow your gift over time. Learn how you can impact the future today:
Our Mission
To enhance the mission outreach of Good Shepherd strictly apart from the general operation of the Congregation. In accordance with the principles of Christian stewardship, the fund is established to receive designated resources for use in carrying out God’s work at Good Shepherd.
Making a Difference
Conservation of Principal
- No disbursements can be made if the fund balance is below $100,000
- Maximum annual disbursement is 5% of the trailing 12 quarter average fund balance
Breadth of Beneficiaries
General Fund disbursements are spread across three broad groups (local, regional, and global) with a 20% to 50% allocation to each annually. Designated Funds can be established with donor specified uses.
Investment Policy
Objective: Long term capital appreciation Mechanism: Diversified asset allocation via mutual fund
Policy Target Range | Assett Category |
---|---|
0% to 1% | Prime Money Market |
10% to 30% | U.S. Aggregate Bond |
0% to 15% | High Bond |
15% to 35% | Total Fixed Income |
20% to 40% | U.S. Large-Cap Equity Index |
0% to 20% | U.S. Mid-Cap Equity Index |
0% to 20% | U.S. Small-Cap Equity Index |
0% to 20% | International Equity Index |
0% to 20% | Emerging Market Stock Index |
60% to 80% | Total Equity |
0% to 13% | TIPS (Inflation Protection) |
0% to 12% | Real Estate Trusts (REITS) |
0% to 15% | Total Inflation Hedges/Real Assets |
Rebalanced Quarterly |
Disbursement History
Year | Amount |
---|---|
2010 | $2,613 |
2011 | $6,900 |
2012 | $11,900 |
2013 | $14,500 |
2014 | $16,000 |
2015 | $17,500 |
2016 | $18,500 |
2017 | $19,000 |
2018 | $19,500 |
2019 | $20,000 |
2020 | $20,500 |
2021 | $20,500 |
2022 | $22,500 |
Total | $209,913 |
Recent Beneficiaries
Beneficiary | 2020 | 2021 | 2022 | Total | % of Total |
---|---|---|---|---|---|
Hilltop Center | $3,500 | $5,000 | $7,500 | $16,000 | 25% |
LCGS Capital Projects | $6,000 | $5,000 | $4,500 | $15,500 | 24% |
ELCA Disaster Response | $4,250 | $4,250 | $3,500 | $12,000 | 19% |
Lutheran Campus Ministries | $2,500 | $2,500 | $5,000 | 8% | |
Lutheran Community Services | $3,500 | $3,500 | 6% | ||
Lutheran Immigration & Refugee Services | $3,500 | $3,500 | 6% | ||
Good Shepherd's Garden | $1,500 | $1,250 | $2,750 | 4% | |
Synod Annual Fund | $2,500 | $2,500 | 4% | ||
Family Promise | $1,750 | $1,750 | 3% | ||
Synod Hunger Task Force | $1,000 | $1,000 | 1% | ||
Annual Total | $20,500 | $20,500 | $22,500 | $63,500 |