By Katie Scarvey
Director of Communications, Lutheran Services Carolinas
Lutheran Services Carolinas is happy to announce the creation of The Foundation for Abundant Living, which will replace the Lutheran Services for the Aging Foundation.
The Foundation for Abundant Living was created to provide a giving avenue that encompasses the entire outreach of Lutheran Services Carolinas. The foundation will allow people to invest in the long-term success of the child and family services part of the LSC mission, as well as its services for the aging.
The foundation will hold the gifts in a “savings account,” spending only the interest to underwrite the mission. This not only creates assets that give LSC the collateral for continued expansion of services but also a perpetual source of income for all the partners with whom we walk.
Within the foundation, a For the Children Endowment will be developed. These funds will serve children and young adults in urgent need across the Carolinas: children in foster care, young adults transitioning out of foster care, and children dealing with traumatic brain injuries or other developmental challenges. The foundation will provide a way to invest in their successful treatment and care.
In addition to holding endowment funds, the foundation will also apply for grants to support the work of LSC across the Carolinas.
LSC Chief Development Officer Richard Duncan has been named president of the foundation by the LSC Board of Trustees. If you or someone you know is interested in making a cash, stock, or planned gift to the For the Children Endowment or would like to create an endowment for any of the ministries of Lutheran Services Carolinas, please contact Duncan at (704) 603-1660.
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