President's Message
We are blessed to have so many caring individuals in our congregation. It’s been my joy to witness their selfless contribution of time, effort, and funds to help others. After serving on several ministries and the council, I welcomed the opportunity to serve on the Foundation Board. It’s been a real pleasure to see first-hand the work of conscientious individuals acquiring, managing, and distributing funds to support the programs, activities, and missions of Our Savior’s Lutheran Church.
Important points to remember are these; 1) the funds donors establish with the Foundation or contribute to at the Foundation go on helping others in perpetuity, 2) the original principal is not invaded, just the earnings, 3) a portion of annual earnings is retained as principal to assure that the purchasing power of the original gift is maintained, and 4) earnings above the ‘retained portion’ are used to support the ministries and missions specified by the donor. The gift lives on and on.
If you would like to be part of this important work or wish to contribute to the OSLC Foundation please talk to any of us. We welcome your efforts to help us expand our impact in the community!
Joe DeBlois
President, OSLC Foundation Board
We are blessed to have so many caring individuals in our congregation. It’s been my joy to witness their selfless contribution of time, effort, and funds to help others. After serving on several ministries and the council, I welcomed the opportunity to serve on the Foundation Board. It’s been a real pleasure to see first-hand the work of conscientious individuals acquiring, managing, and distributing funds to support the programs, activities, and missions of Our Savior’s Lutheran Church.
Important points to remember are these; 1) the funds donors establish with the Foundation or contribute to at the Foundation go on helping others in perpetuity, 2) the original principal is not invaded, just the earnings, 3) a portion of annual earnings is retained as principal to assure that the purchasing power of the original gift is maintained, and 4) earnings above the ‘retained portion’ are used to support the ministries and missions specified by the donor. The gift lives on and on.
If you would like to be part of this important work or wish to contribute to the OSLC Foundation please talk to any of us. We welcome your efforts to help us expand our impact in the community!
Joe DeBlois
President, OSLC Foundation Board
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