Endowment or Designated Funds

Setting up an endowment fund or designated fund is a relatively simple process, and the donations to these funds can come from a variety of sources. Individuals can create their own fund through LFC with a minimum of $25,000, or they can contribute any amount to one or more of the numerous funds already set up and managed by LFC. Each year, LFC distributes approximately 4% of the invested capital to the beneficiaries designated within these funds. Ministries appreciate knowing their work has an ongoing source of income for many years to come.

Donor Advised Funds

For donors who like to be more involved, or want to include future generations in their generous plan for giving, a Donor Advised Fund is the answer. Donor Advised Funds create a charitable legacy that can be personalized through collaboration with LFC and various ministry opportunities. Each year, the annual distribution can be guided by the fund advisor and directed to a specific purpose or ministry recognized by LFC. Donor Advised Funds are a great way for parents to involve their children and grandchildren in a lasting legacy.

Contact LFC for further information on establishing a legacy fund.