Altamont Lutheran Interparish School    

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Endowment Fund

Click here for Endowment Fund Agreement

WHAT IS THE ALTAMONT LUTHERAN INTERPARISH SCHOOL ENDOWMENT FUND?


The ALIS Endowment Fund was created in 2002, to receive gifts and
bequests and to use them for the mission and ministry of Altamont Lutheran
Interparish School (ALIS).  Income from the fund will be used for areas
other than the normal operating budget of the school.

 HOW IS THE ENDOWMENT FUND USED?


Contributions can be designated by the donor to be used in support of
the following missions and ministries or can be given as undesignated
and allow the Endowment Fund Committee to suggest the area of use.

Education:  Special projects to support Christian Education programs
at ALIS 

Scholarships:  Scholarships for former ALIS students going into
full-time church work

Building & Ground Improvement: Special projects to improve and
repair the ALIS facilities

Library:  Special efforts to keep the ALIS library up to date

Family Counseling:  Special gifts to aid families with students in ALIS
with the cost of Christian counseling

Sports Programs:  Special projects to support the ALIS sports’ programs

Building Fund:  Income &/or principal used for new ALIS building projects
or acquisitions

Music Programs:  Special gifts to support the ALIS music program

Technology:  Electronic or other technological opportunities as they
become available

Student Tuition:  Assistance given to ALIS students who pay tuition

HOW CAN I MAKE A GIFT TO

THE ENDOWMENT FUND?


Individuals who desire to support the ALIS Endowment Fund can give in a number of ways: 

§        Cash contributions 

§        Through a Will Bequest 

§        By creating a Trust and naming the Endowment Fund as beneficiary 

§        Giving of appreciated assets, including real estate, stocks, and mutual funds 

§        Life insurance or annuity contracts naming the Endowment fund as beneficiary 

Please contact an Estate Planning Professional, Attorney, or Tax Advisor before making any gift.  There may be tax or capital gain advantages in giving to the ALIS Endowment Fund. 

HOW IS THE ENDOWMENT FUND MANAGED?

The Altamont Lutheran Interparish Endowment Fund is managed by the ALIS Endowment Fund Committee. 

Each of the four member congregations of the ALIS has two representatives along with the ALIS president.  Ex-officio members include the ALIS principal and one of the pastors of the member congregations.

The Endowment Fund Committee will meet quarterly and make recommendations to the ALIS Board of Directors who have the final say in how the funds are used.

The Endowment Fund is audited annually by an auditing committee consisting of members from the four member congregations. 

       HOW CAN I LEARN MORE ABOUT MAKING A GIFT?

   Contact one of the Pastors of the member congregations. 

  •     Immanuel:                    618-483-6395

  •     St. Paul (Blue Point):   618-483-6993 

  •     Bethlehem:                   618-483-6646

  •     Zion:                             618-483-5571

ALTAMONT LUTHERAN INTERPARISH SCHOOL
7 SOUTH EDWARDS
ALTAMONT, IL  62411
(618) 483-6428

Click here for Endowment Fund Agreement