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You have questions - We have answers!
- Contributions can be made in the form of cash gifts; naming the "Hope Lutheran Foundation" in your will or estate plan; naming the "Hope Lutheran Foundation" as the beneficiary of a life insurance policy, as well as gifts of real estate or stocks and bonds.
- Please consider a contribution to the Hope Lutheran Foundation to expand its good works. To get more information about the Hope Lutheran Foundation, please call Hope Lutheran Church at 701.235.6629.
- A Torch Bearer is a Donor who give $1,000 or more; who name the Hope Lutheran Foundation in their will, estate plan or life insurance policy are designated as Foundation Torch Bearers. Click here for a list of existing Torch Bearers.
Why should I consider making a gift to the Foundation?
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To serve as an expression of the gratitude and appreciation felt toward the Hope Lutheran congregation.
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To memorialize loved ones.
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To expand our congregation's mission, as the added financial resources from the Hope Lutheran Foundation provide an opportunity to further develop the programs and ministries of Hope Lutheran Church.
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YES! the Hope Lutheran Foundation is a 501(c)(3) organization. Gifts of cash may be deducted up to 50% of your adjusted gross income for the year. The market value of appreciated securities donated may generally be deducted in full. For tax implications, please consult your tax specialist.
- As it continues to grow, the Hope Lutheran Foundation is able to respond when needs arise within the church or community and no funding is available for those needs in the annual budget.
- All memorial donations to the Hope Lutheran Foundation go directly to the perpetual fund.
How do I distinguish a gift to the Hope Lutheran Foundation from a donation to Hope Lutheran Church?
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Funds, stock, life insurance funds, etc., intended for the Hope Lutheran Foundation, should be specifically indicated as a gift to the Hope Lutheran Foundation. The Hope Lutheran Foundation operates as a separate entity of Hope Lutheran Church.
How large is the Hope Lutheran Foundation?
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The Hope Lutheran Foundation has grown to over $300,000 in assets. Only income from assets is used to support the Hope Lutheran Foundation’s mission.
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Many people name Hope Lutheran Church in their charitable donations portion of their estate each year. But did you know that Hope Lutheran Church and the Hope Lutheran Foundation are actually two independent organizations
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Estate gifts that Hope Lutheran Church receives each year are used to meet non-budgeted needs of the church.
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Donations that the Foundation receives are invested by the Foundation to generate an annual earnings stream. The earning stream is used to further the Foundation's mission, therefore, creating a gift that continues to give year after year.
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If you would like to make a donation to either Hope Lutheran Church or the Foundation, or if you have any questions, you can call the Church Office at 701.235.6629.
North Campus, 2900 Broadway N, Phone: 701.235.6629 / South Campus, 3636 25th St. S, Phone: 701.235.6629
Copyright 2007 Hope Lutheran Church of Fargo, ND | Site by Mychurchwebsite.com
