Our Saviour's Lutheran Church

Endowment Fund

An Endowment Fund is a financial asset that grows over time as a result of income earned from interest on the underlying invested funds and investment appreciation. It is a long term asset that continues to provide regular income to achieve the Church’s mission. The key is that each year only a little of the endowment is used, so the remainder is left to grow. And over time, as gifts are made to it and the principal grows, the Endowment Fund becomes a substantial way for us to expand our mission at home and in the world.

Scholarship available: Do you know a student who is pursuing opportunities to serve Christ in the church and in the world? Interested students can apply by Oct. 1 for an Our Saviour's Endowment Scholarship, made available through OSLC endowment funds. Applicants must have been accepted into or be currently enrolled in a college, graduate school or seminary program. Download the application form HERE.

Our Saviour's Endowment Fund FAQ Document - Have a question about the Endowment Fund and want to learn more?

Our Saviour's Endowment Fund Brochure - Learn more about the History, Importance, and Impact of the Endowment Fund.

2024 Endowment Fund Summary - OSLC distributed $11.4K in endowment-fund monies in 2024. With the interest and appreciation earned on our endowment funds, we were able to support seminary students at Lutheran School of Theology at Chicago and our vicar as well as Refugee Ministry and Lutheran Disaster Response. Plus, we were able to support the capital projects on our campuses.

Interested in donating?

Click here for a direct link to give to the Mission Endowment Fund online.

Click here for a direct link to give to the Operations Endowment Fund online.

If you have any questions regarding Our Saviour’s Endowment Fund, contact Accounting Manager Kathy Clolinger at accounting@oursaviours.com.

Make Our Saviour's Part of your legacy

Did you know that 67% of American adults say they have no will or estate plan in place? Give your loved ones the gift of preparation! Make it a priority to make or update *your* will.

Why ensure that you have a will in place? From Thrivent: "Your will gives you the option to nominate a guardian for your minor children and include specific instructions for their care in the event of your death. It may also contain your wishes for a memorial service, your decisions about burial, and details about how your cherished possessions and keepsakes should be distributed to loved ones. Get your free copy of Thrivent's Will & Estate Planning Guide HERE.

As you're making decisions, you might consider whether you'd like to include a charitable organization such as Our Saviour's in your estate planning. Note that when designating an organization as a beneficiary, you can leave whatever percentage you choose to that organization and/or other charitable groups.

In the video below, Doreen Damge, a member of Our Saviour's Endowment Committee, shares why she and her husband, Scott, wanted to "pay it forward" for other families by making Our Saviour's part of their planning for the future.