The Lutheran Community Foundation

With the continuing turmoil in the markets, many of your clients may be wondering about ways they can put cash to use.  According to Thrivent reports, an estimated $3.5 trillion is currently in domestic money markets, the Lutheran share (according to demographic proportions) would be $250 million, and Thrivent members share would be $50 billion, of which only $1-2 billion is currently held in Thrivent money markets and Thrivent bank.   For those members who are charitably minded, now might be the time to consider using some of that cash to Give and Receive Income at the Same Time, with a charitable gift annuity through the Lutheran Community Foundation.

Gift annuity rates can be very attractive, especially when taking these other advantages into account:

• Fixed income for life (one or two lives), based on full faith and credit of the LCF
• Charitable tax deduction the year of the gift
• Portion of income payment will be tax-free
• Remainder amount offers on-going support to donor's charities through fund they establish at the Foundation

LCF gift planners can put together an illustration with leave-behind materials for you to present to clients - just call 1-800-365-4172.  You may also want to use a GiftStory audiovisual presentation to help you introduce the concept to your members.  You can create a custom presentation on our website.