Since its inception in 2013, the St. Peter Lutheran Foundation has granted over $5.0 million to the ministries of St. Peter!
What is the St. Peter Lutheran Foundation?
The St. Peter Lutheran Foundation was established in 2013 to strengthen the Church’s mission through the development and management of major financial gifts. The Foundation provides a secure avenue for donors to leave a legacy of giving, helping ensure excellence and innovation in ministry and Christian education at St. Peter for generations to come.
What is the mission?
Our mission is to help the people and ministries of St. Peter Lutheran Church and School be more creative and effective in Leading People to a Full Life in Christ. We do this by funding new projects and initiatives that are beyond the operational budget of St. Peter.
What impact does it make?
Since its inception, the St. Peter Lutheran Foundation has moved the ministries of the Church and School forward in exciting and innovative ways, and will continue to do so for generations to come.
What are the priorities of the Foundation?
The Foundation helps fund new ministries that further the mission of St. Peter Lutheran Church and School, as well as their sister Churches in South Africa and other mission partners. Through the funding it provides, the Foundation helps future vision and dreams become reality for our Church. Most Funds within the Foundation have specific designations for how and what the money can be used for.
Key areas include:
New school programs and initiatives
School scholarships
Innovative church ministries that reach new people
City Ministry Initiatives in Chicago
Major facilities improvements
Our global Mission Partners
What projects has the Foundation already funded?
These funds have helped create differentiated learning opportunities in our school, distributed scholarships to families in need, helped create new church ministries, and funded major facility improvements. All of this adds up to more lives impacted with the Gospel and more people being led to a Full Life in Christ.
Frequently Asked Questions about the Foundation
How will my gift be used?
You have the choice to designate your gift to the ministry area of your choice. Your gift will provide a stable, ongoing source of funding for the ministries you care about for many years to come.
How is the Foundation managed?
The Foundation is managed by an experienced board who are dedicated to growing and preserving the Foundation and it’s resources and impact. The Board meets quarterly to determine investment strategy, grant distribution and overall management decisions.
Has an audit been done on the Foundation?
Yes, audits of the Foundation have been conducted by Porte Brown CPA’s, and we anticipate continuing regular audits and financial reviews moving forward.
Is there a minimum required gift amount?
Gifts of any amount will be accepted toward an existing endowment. A new, named endowment can be created with a minimum gift of $25,000.
How can I give a gift to the Foundation?
There are many ways to give:
Cash, check or bank account transfer
Securities
Real Estate
Gifts in honor or remembrance of loved ones
Our team of professionals would be happy to work with you on any of these options. We will walk you through the process and make sure it’s completed accurately and efficiently.
Please contact Sherry Hoffman, Finance Manager, with any questions at 224-387-3833.