Sharing Blessings: A Blessing for Eternity
What is the Endowment Fund?
The Zion Endowment Fund (ZEF) ensures the future of Zion's ministry by providing financial support for Zion’s three primary areas of ministry:
- Church Ministries
- Christian Education
- Music Ministries
By definition, the principal of the endowment will not be touched, but continue in perpetuity to provide income for non-budgeted ministry programs. The challenge and opportunity is to continue to build the principal so that it will yield a continuous, significant income.
The ZEF is administered by the Lutheran Foundation of Texas (LFOT), an Austin-based supportive ministry of the Texas District of the Lutheran Church-Missouri Synod.
How Can I Support the Endowment Fund?
There are many ways to give including:
Pray that God will bless Zion's mission and ministry as well as those supporting the Zion Endowment Fund.
All gifts are tax deductible.
Memorial or Honorarium Gifts
Make credit card contributions through the LFOT website or make checks payable to LFOT designating Zion Lutheran Church Endowment.
Gifts of appreciated assets such as stock, real estate, mineral rights, oil and gas royalities
These assets can be gifted through LFOT to the Endowment. LFOT will assist with the transactions and provide the gift letter that enables the donor to bypass capital gains tax and receive a tax deduction for the year of the gift.
Planned (Deferred) Gifts
Planned (deferred) gifts can also be made to the Endowment that will benefit the fund after your lifetime.
A donor can make an insurance gift by designating LFOT as Trustee fbo Zion Endowment Fund as the full or partial primary beneficiary of the policy. Contact your insurance agent to make this designation or request assistance from LFOT.
Charitable Remainder Trust
This is a planned giving financial instrument that allows the donor to give cash or appreciated assets and receive income during their lifetime, with the remainder of the gift benefiting the Endowment after they are called Home.
Gifts to the Endowment Fund can be made by including Zion in your will. Talk to your attorney or contact LFOT about including such a gift in your will.