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Endowment Fund

The endowment fund provides a means for us, as Christian stewards, to demonstrate and express in a tangible way our deep gratitude for God's many gifts and blessings to us. A gift to the endowment fund is a reflection of our faith and Christian love over and above our normal regular support of the ongoing mission and ministry of St. Paul's Lutheran Church, our District and Synod. The pastors, members of the Endowment Fund Committee, and the District Gift Planning Counselor will be pleased to meet with you to discuss your participation in the endowment program.  The Endowment Fund allows you to designate what your gift will accomplish now and even after you're gone.

There are many different ways in which you can participate in the endowment fund's activities, depending on your desires and financial resources. The more common methods include:

Remembrance Giving: Gifts may be given in memory of loved ones and friends, in honor of anniversaries, birthday, baptisms or other special events.

Gift of Property: A gift of cash, stocks, bonds, real estate, or personal property during your lifetime.

Bequest of Property Through a Will: A gift of cash, stocks, bonds, real estate or personal property can be given in a personal will.

Gift Annuity Arrangements: A gift of money or property that pays the donor income for the rest of his or her life with the remainder going to the endowment fund can be arranged.

Life Insurance Bequest: The endowment fund can be named as a beneficiary in a life insurance policy for which premiums are paid by the donor, or you may gift a policy to the endowment fund.

Trust: A trust may be created by a donor to provide funds for many uses, including use by the endowment fund.  Church Music, Education, Evangelism, Korn Scholarships, Technology, Youth Programs.

If you are interested in supporting St. Paul's mission with a gift to the endowment fund, please contact the pastor at 414-541-6250.

Korn Scholarship Fund

The Korn Scholarship Fund was established by the family of Harold and Esther Korn, faithful workers and long-time members of St. Paul's. Esther was a dedicated teacher in our Christian Day School for many years.

The purpose of the fund is to provide a modest financial supplement to members of St. Paul's who are preparing for full time professional church work in the Missouri Synod family, by attending a Synod sponsored place of education (college, university or seminary).

From the inception of the Korn Scholarship Fund in 1997 to the end of 2011, over $38,000 has been dispensed as an expression of St. Paul's support and encouragement of qualifying members as they prepare for careers in furthering the Kingdom of God.

The primary support of the fund comes from gifts, bequests and memorials. Contact the pastor at 414-541-6250 or the principal at 414-541-6251 if you are interested in giving your financial support to qualifying students through the Korn Scholarship Fund.

 Korn Scholarship Eligibility Requirements:

1.   Applicant must be a member of St. Paul's Lutheran Church-West Allis, WI.

2.   Applicant must be attending a 4-year college or university of the Lutheran Church-Missouri Synod as an undergraduate or be attending a seminary of the Lutheran Church-Missouri Synod pursuing a program to become an ordained or commissioned minister.

3.   Applicant must plan to serve a congregation or other recognized service organization of the Lutheran Church-Missouri Synod in a full time ordained or commissioned ministry of the LCMS as appearing in the current Lutheran Church-Missouri Synod Handbook. (e.g. teacher, pastor, deaconess, director of evangelism (DE), director of Christian education (DCE), or parish worker).

Students: To apply for a Korn Scholarship, you must fill out an application form (FRM_AID.pdf) each year and submit it to the church office to the attention of the Professional Church Worker & Support Committee. The deadline for scholarship applications is June 1 for the following school term.

If you have any questions or need an application form, contact the church office (414-541-6250).