Foundation Funded Entirely By Gifts
The St. James Foundation is supported entirely by gifts. The Foundation accepts individual lifetime gifts, memorial gifts, and gifts made by will or trust in any amount. The Foundation accepts monetary gifts, including the gift of stocks or bonds, as well as the gift of real property.

Unrestricted General Fund
Gifts not designated to a particular fund are placed in the General Fund (unrestricted), which is used to support the general needs of the church at the discretion of the Board.

Special Funds
The Foundation has established several specialized funds that are meant to benefit areas of interest within the church.  Some funds have been established to provide continuing, long-term support. For these funds, the principal is intended to grow and distributions from the funds are made in accordance with the policies of the Board that allow for an annual distribution of 5% of the value of the fund based on a 3-year average.

In addition to already-established funds, special funds may be established and distributed in accordance with the wishes of the donor. Gifts may be designated to be placed in and administered according to the rules of any of the following funds.

School Endowment Fund – Interest is paid quarterly from this fund to support the general needs of St. James Lutheran School.

Scholarship Fund – Provides tuition assistance to families sending children to St. James Lutheran School based on need as determined by a school grant committee. Income only is available for distribution.

Synodical Education Fund – Provides tuition assistance to members of St. James Lutheran Church who are full-time students seeking degrees that will enable them to become called church workers and to teachers on the St. James Lutheran School faculty pursuing teacher colloquy. Restricted to annual distributions of 5% of the value of the fund based on a 3-year average.

Unrestricted Fund – Available for any needs or anticipated future needs of the church at
the discretion of the Board.

Music Fund – Available to enhance the musical programs of the church. Restricted to
annual distributions of 5% of the value of the fund based on a 3-year average.

Church & School Grounds Fund – Available for enhancing the beauty and increasing
the functionality of the church and school grounds. Restricted to annual distributions of
5% of the value of the fund based on a 3-year average.

Outreach Fund – Available to support St. James’ outreach programs such as the food
pantry, VBS, and basketball camp. Restricted to annual distributions of 5% of the value of
the fund based on a 3-year average.

Inreach Fund – Available for programs to enhance continuing contact and spiritual
support of members of St. James. Restricted to annual distributions of 5% of the value of
the fund based on a 3-year average.

Parish Education Fund – Supports programming for Sunday school, Vacation Bible
School, adult Bible classes, and other educational programs for spiritual growth. Restricted
to annual distributions of 5% of the value of the fund based on a 3-year average.

Youth Programs Fund – Available to enhance programming for youth and assist with
triennial Youth Gathering expenses. Restricted to annual distributions of 5% of the value
of the fund based on a 3-year average.

Individual Specified Funds -- In addition to the funds listed above, members
and former members of the congregation have established several special
donor-restricted funds to provide scholarships to assist students attending
St. James School, children’s books for the school, and other assistance for
the school. These funds are administered accordingto the donor's wishes.

Creating Your Christ-Centered Legacy
Mathew 6:21 states, “For where your treasure is, there your heart will
be also.”  To learn more about how you can leave an enduring legacy, please
go to Make A Gift.

CONTACT A FOUNDATION BOARD MEMBER or INFO@StJamesFDNLAF.org