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  • Phone: 651.487.7752
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  • Mailing Address: 1215 Roselawn Ave. West | Roseville, MN 55113

 

 

Endowment

Leaving a Legacy with Roseville Lutheran

In the 1970s, members and friends of Roseville Lutheran Church (RLC) began an endowment fund to help enhance and extend the ministries and outreach of the congregation. Over time the fund has grown primarily through individual donations and planned estate gifts, memorials and proceeds from the Love Light sales each year. While the principal of gifts remain in the Fund in perpetuity, the earnings are distributed as grants twice annually. With each contribution, donors have left a legacy and entrusted their dollars to help meet the future needs of RLC and our community.

Gifts to the Endowment Fund

The RLC Endowment Fund accepts gifts of money, securities and properties, both real and personal. Gifts to the Endowment Fund are exempt from federal and state inheritance taxes and capital gains taxes. Gifts given individually qualify as deductible for tax purposes. If you have included RLC in your estate plan or are considering including RLC in your estate plan, please complete our Statement of Future Gift form or contact Rebecca Bedner, Development Director.  at 651-487-7752 ext. 226 or

Endowment Fund Grants

The RLC Endowment Committee guides the use of the Endowment Fund and gifts designated to the “RLC Endowment Fund.” While the principal of gifts remain in the Fund  in perpetuity, the earnings are distributed as grants twice annually. Since 2005, the Fund has distributed nearly $200,000 in grants. Grants from the Fund are awarded for seed money, education, capital projects, missions, benevolence, worship and music. Grant applications are accepted and reviewed by the committee twice annually. The grant deadlines are May 1 and October 1.

Learn More About Endowment Grant Application Process.

If you have any questions regarding the grant process, please contact Rebecca Bedner, RLC Development Director.