St. Paul's Lutheran Church & Preschool

- A Congregation of The Lutheran Church-Missouri Synod -

Rev. Paul D. Sundbom, Pastor

"I was glad when they said to me 'Let us go to the house of the Lord'" Psalm 122:1

The St. Paul's Endowment Fund was established in 1995 to receive and administer bequests, estates, insurance, memorials, and other assets given to St. Paul's to enhance the work of the congregation in ministries outside the church's general budget. The six member Endowment Committee is charged with the collection, investment, maintenance, and disbursement of these funds in accordance with the wishes of the donor(s). The majority of funds provide assistance for various Christian educational ministries. The gifts are invested in CD's, money market accounts, and stock/bond funds. The interest or dividends generated are what provide the assistance or gifts for the individual fund's specified purpose.

St. Paul's currently oversees the following funds:
  • Memorial Fund, established in 1994, providing financial aid to young men attending one of our seminaries, studying for the pastoral ministry.
  • Memorial Fund, established in 2004, providing funds for the support of the Our Shepherd Lutheran School library, and for the purchase of educational materials at St. Paul's.
  • Memorial Scholarship Fund, established in 2000, provides financial aid to participating members of St. Paul's with children attending Our Shepherd Lutheran School.
  • Memorial Fund, established in 2003, provides financial aid to students attending a Concordia University system college who are studying for Church-related work (pre-ministry, deaconness)
  • Memorial Fund, established in 2007 providing funds for the purchase of Christmas gifts for children with a family member incarcerated in a correctional facility.
  • Preschool Equipment Fund, established in 2009, providing funds for the purchase of equipment for St. Paul's preschool.