LCOS . . . It’s the right time to look forward and invest in what matters—not just for today, but for years to come!
Thanks to your consistent and generous giving (and PPP funds), we are so very fortunate and excited to be in a position going into the new year with a surplus of approximately $60,000! As such, our Council has recently approved our Finance Committee’s proposal to set aside half of that surplus to a “rainy day” fund and to use the rest ($30,000) as seed money to apply in equal amounts of $10,000 in three significant areas. We are inviting and encouraging the congregation to make donations over and above normal giving to match the seed money as closely as possible.
We will focus on these objectives to be done in three phases:
- Pay down the remaining mortgage debt on our building (12/5/21 Update: The Mortgage Reduction fundraiser was a HUGE success! We not only matched the $10,000 seed money but went well beyond, with matching donations totaling $22,880. At the onset of this campaign, our goal was to be debt free in February 2026. With your actual donations, our last mortgage payment will now be June 2024. And, we will be saving approximately $4,557 in interest over the remaining term of the loan. We will realize a savings in expenses of about $23,000 annually when the mortgage is fully paid.)
- Replenish and grow our property maintenance fund (4/24/22 Update: Our Property Maintenance and Beautification Fundraiser was a success! A big thank you to everyone who donated to this campaign. With the $10,000 in allotted seed money and donations of close to $14,000, we were able to purchase a zero-turn riding lawn mower, completely fund the installation of our new landscaping plan at the front of the church, and deposit excess contributions to the Property Emergency Fund.)
- Help fund a permanent child/youth director
Ways to Donate
Checks should be made payable to Lutheran Church of Our Saviour and designated to “Property Fund”.
You can also ask your financial advisor about a tax-free qualified charitable donation or stock transfer.