LHF’s Endowment Fund

In 2009 the Lutheran Heritage Foundation Board of Directors established an Endowment Fund in order to provide a sustainable income stream in support of the on-going mission and ministry of the Lutheran Heritage Foundation. The underlying conservative investment portfolio is reviewed and adjusted on a quarterly basis by the LHF Finance Committee and skilled investment fund managers to ensure that targeted performance projections are being met.

 

Currently, 75% of prior year Realized Earnings are eligible for distribution from the Endowment on an annual basis allowing the fund to grow internally. Annually, the Executive Director presents recommendations to the Board of Directors for use of the prior year realized earnings. The following amounts have been generated and used for the specified projects:

YearAmountProject
2017$34,783LHF 25th Anniversary
2016$28,544Printing Russian "Self Study Bible" Project (combining Russian Bible Text with "Self Study Bible")
2015$15,113Printing Somali "Good News About Jesus," "A Child's Garden of Bible Stories," "Understanding Christian Faith"
2014$10,834Printing Tok Pisin "Small Catechism" and "Statement of Faith" for Papua New Guinea
2013$9,494Printing Russian "Book of Concord"
2012$9,000Printing Yala "Large Catechism" and Latvian "Grace Upon Grace"
2011$9,600Printing of Bahasa "Small Catechism"
2010$12,000Printing of Zulu "Dogmatics Volume 3" and Amharic "Dying to Live"
2009$20,500Assorted Publishing Projects
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