To achieve its mission, the Foundation manages two endowment funds, to which congregation members, friends and others are encouraged to contribute their legacy, memorial and other gifts:
Community Impact Fund
Grants are made to support programs and projects that are in keeping with our Mission. Such grants are awarded to credible non-profit organizations locally, nationally, and/or globally.
In 2022, grants totaling $85,000 were awarded as follows:
- ELCA Florida-Bahamas Synod – Together in Mission – Babcock Ranch mission start – $10,000
- ELCA Florida-Bahamas Synod – ELCA Youth Gathering Scholarships – $5,000
- Lutheran Bible Translators – Bible translation into local language, Cameroon, Africa – $10,000
- St. Paul Lutheran Church – Early Learning Center – student scholarships – $5,000
- Manatee County Habitat for Humanity – InterFaith Build affordable homeownership – $15,000
- Samaritan Counseling of the Gulf Coast – Post COVID pastoral retreats – $7,000
- ALSO Youth – Renovate new drop-in center – $12,000
- Aphasia Community Center – Expand electronic service capabilities – $6,000
- Second Heart Homes – Homeless transitional housing property improvements – $15,000
In the last 5 years (2018 – 2022), the Foundation has granted $370,000:
- 7% ($26,500) to SAKLC request
- 16% ($60,000) to ELCA Florida-Bahamas Synod requests
- 12% ($45,000) to ELCA requests
- 12% ($43,000) to Lutheran affiliated organizations’ requests
- 43% ($158,700) to local non-profit requests
- 10% ($36,800) to national and international non-profit requests
Church Support Fund
This fund is for the benefit of St. Armands Key Lutheran Church with an annual grant distribution to support the ministries of the congregation.
During 2021, the Foundation awarded a grant of $20,000 to SAKLC, and over the past five years has awarded grants totaling $89,000.
