At the August Church Council Meeting, board members voted unanimously to accept the recommendation of the Finance Board to partner with Thrivent Financial and their affiliated agencies to create Union Church endowment funds and strategies for long term generosity.
Thrivent is a not-for-profit fortune 500 company, originating out of the Lutheran churches in 1902 (Prairie Home Companion listeners may remember their previous name, “Lutheran Brotherhood Financial”.) They are a membership organization of Christians and Christian entities, and thus devote a great deal of focus to charitable operation and mission.
Thrivent and their partner agencies have the mission of helping individuals and congregations manage funds to that they can “live generously” in their faith and family life.
Thrivent is also the biggest national and international supporter of Habitat For Humanity. They are currently co-sponsoring the Berea “Apostles” build that Union Church is helping to build. Thrivent has provided 50% of the costs of the Berea house we are building.
In the coming weeks, Finance Board will be working closely with Thrivent’s InFaith Foundation to craft the legal language and ongoing mission statement for our endowment funds. The intent of the fund will be to provide for future ministry and service using resources that we can invest now, and allow to grow by using only the proceeds, not the principal.
Once drafted, the congregation will be asked to approve, disapprove, or modify the proposed structure. Stay tuned to learn how we can live generously together and serve God and our Community in new ways!
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- Life Line Screening at Union Church
- Celtic Service, God on the Quad,Middletown Marker photos
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