Frequently Asked Qustions About the Desert Hills Lutheran Church Foundation
Q. What is the Desert Hills Lutheran Church Foundation?
A. The mission of the Desert Hills Lutheran Church Foundation is to provide an effective means to administer contributions to the Fouondation so as to enhance the outreach of the Desert Hills Lutheran Church apart from its' general operation.
Q. Who manages the Foundation?
A. The Foundation is managed by a board of directors either elected by the congregation or appointed by the congregation council. Current board members are: Robert Bonnema, Donald Duensing, Hart Holmberg, Shirley Johnson, William Leonard, Gary Mahnke, Dale Mathwich, Fred Tollefson, and Ed Wismeyer. Pastor Martin Overson is an advisory member of the Board.
Q. How is the Foundation income distributed?
A. The distributions of the Foundation may be designated but not limited to the following purposes: local missions, outreach, evangelism, scholarships, ministry to youth, ministry to the aged, promotion of worship services, provide for growth, and support to the DHLC pastoral team. There shall be no distribution of principal. The method of distribution will be determined by a resolution of the Board of Directors of the Foundation at the beginning of each fiscal year. The intent of the Foundation is to distribute the net income annually on a one year lagging basis.
Q. Who determines the recipients of the Foundation grants?
A. The board of directors of the Foundation.
Q. How do I make gifts to the Foundation?
A. There are a variety of ways but here are several:
- By making an outright gift during your life - gifting appreciated securities could have significant tax advantages where you gift the appreciated stock to the Desert Hills Lutheran Church Foundation and avoid the capital gains tax.
- By making a gift under your will or trust agreement to the Desert Hills Lutheran Church Foundation.
- By naming the Desert Hills Lutheran Church Foundation as beneficiary of a life insurance policy, annuity, individual retirement account (IRA) or other qualified plan account.
- By naming the Desert Hills Lutheran Church Foundation as beneficiary under a "payable on death" (POD) account of "transfer on death" (TOD) account.
- By naming the Desert Hills Lutheran Church Foundation a beneficiary under a charitable remainder trust or a charitable lead trust.
- By retaining the use of a residence or farm real estate during your life and giving the "remainder" to the Desert Hills Lutheran Church Foundation.
Q. Who are Friends of the Foundation?
A. Friends of the Desert Hills Lutheran Church Foundation are members who make a gift to the Foundation during their life and/or who have made estate plan inclusions or deferred gifts to the Foundation. We encourage you to let the Foundation know of your gift plans so we can list you as a Friend of the DHLC Foundation. You do not need to disclose the amount or type of gift.
Q. What is the legal name of the Foundation?
A. The Foundation's legal name is Desert Hills Lutheran Church Foundation, an Arizona nonprofit corporation. The address is 2150 S. Camino del Sol, Green Valley AZ 85614. The phone number is 520.648.1633.
Before deciding how to make your Charitable Gift, you should consult with your accountant, attorney or other tax advisor.