The Faith✟Foundation of Faith✟Journey Lutheran Church was established as the Endowment fund of the Congregation in 1985 and is a separate 501[c] non-profit organization.
Gifts left to the Faith✟Foundation are kept in perpetuity using the proceeds of the fund to be distributed in accordance the the mission of the Church and the by-laws of the Faith✟Foundation. Your gift to the Faith✟Foundation is one that will continue to "give" for many, many years to come.
Your gift allows the ministry of Faith✟Journey to continue and extend beyond many of the expectations of members of the community. You will help make a difference in the lives of many different people through your legacy of ministry. The Faith✟Foundation does not fund the operational expenses of the church - it is a way that many ministries not supported by the operational fund, can be supported and funded though the Faith✟Foundation.
There are many tax advantages to supporting the Faith✟Foundation with your gift of life insurance, mutual funds, property, stocks, bonds. The ND Tax Credit Incentive allows for up to a 40% ND tax credit for gifts given.
The Faith✟Foundation supports many different ministries within and related to the Faith✟Journey Family. Disbursements are made in several key areas of ministry:
• Youth Faith Formation
• Ministry Advancement
• Social Engagement
Frequently Asked Questions
• How do I make a Faith✟Foundation contribution?
Contributions can be made in the form of cash gifts, naming the Faith✟Foundation in your will or estate plan, naming the Faith✟Foundation as the beneficiary of a life insurance policy, as well as gifts of real estate or stocks and bonds.
• Why should I consider making a gift to the Faith✟Foundation?
Some common reasons include: to memorialize a loved one, to serve as an expression of the gratitude toward the Faith✟Journey congregation, or to expand our congregation’s mission through expanded opportunities to develop programming and ministries at Faith✟Journey Lutheran.
• Is my contribution to the Faith✟Foundation tax deductible?
YES! The Faith✟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 specific tax implications, please consult your tax specialist.
• How does giving to the Faith✟Foundation relate to Faith✟Journey Lutheran’s annual pledge giving?
As it continues to grow, the Faith✟Foundation is able to response when needs arise within the church or community and funding isn’t available for those needs in the annual budget.
• How do I distinguish a gift to the Faith✟Foundation from a donation to Faith✟Journey Lutheran Church?
Cash gifts, stock, life insurance funds, etc. intended for the Faith✟Foundation should be specifically indicated as a gift for the Foundation. Faith✟ Foundation operates as a separate entity from Faith✟Journey Lutheran Church.
• How large is the Faith✟Foundation?
Currently, the Foundation holds over $390,000 in assets. Only the income accumulated from those assets is used to support the mission of the Foundation.
• Did you know…
• Donations that the Faith✟Foundation receives are invested to generate an annual earnings stream. The
earnings stream is used to further the Foundation’s mission, therefore, creating a gift that continues to give
• Estate gifts that Faith✟Journey receives each year are currently used as part of the ongoing mission plan of the
church...after we tithe (give 10%) of the gift away to the community.
• Many people name Faith✟Journey in their charitable donations portion of their estate each year, but
Faith✟Journey and the Faith✟Foundation are two separate entities.
If you would like more information about the Faith✟Foundation, what it can accomplish and the tax advantages that you could receive with your support of the Fund, we invite you to contact our Parish Administrator (701.282.3309) and you will be placed in contact with one of the Faith✟Foundation Trustees. We strongly suggest that you contact your own financial advisor as well who may be able to answer many questions about the advantages of supporting the Faith✟Foundation. If you would like to contact the Trustees directly, you are always welcome to email them at email@example.com