The endowment committee met on Thursday 12/13/18 to review grant applications submitted by members of GLC. According to the bylaws the interest received through investments in 2017 must be distributed by end of year 2018. Thank you for all of your input. 

 

The amount for distribution is $38,246.16 divided as follows:

Distribution Allocation  according to By-Laws (Minimum)

Community & Synod Outreach (20%): $7,649.22

Missions (20%): $7,649.22

Gethsemane (20%): $7,649.22

Discretionary Allocation: $15,298.47

 

COMMUNITY AND SYNOD OUTREACH

Faith 56 transportation $3,200

Family connections $2,500

Cookie brigade $2,000

Meeker County Community Homes $1,000

Total $8,700

 

MISSIONS  

Leadership training $1,000

Counselors/leaders for VBS $2,000

Dassel ministerium $500

Back pack program $500

Summer family camp scholarships $2,750

Green Lake Ministries $1,000

Total $ 7,750

 

GETHSEMANE  

Black top horseshoe driveway $15,000

Steel siding east wall of education bldg. $4,000

Sanctuary Christmas tree $1,710

Building loan $1,086.16 Total $21,796.16

 

TOTAL OF ALL: $ 38,246.16