MISSION ENDOWMENT FUND COMMITTEE - Capron Lutheran Church, ELCA

CAPRON LUTHERAN CHURCH MISSION ENDOWMENT FUND
The purpose of the fund is to enhance the mission and outreach of Capron Lutheran Church apart from the general operation of the congregation. Income generated from the principal of the fund may be used to help other Lutheran Churches as they get started. be used for the community needs in Boone Count used for national or global needs, provide financial assistance for individuals studying at Lutheran colleges or seminaries for Lutheran Church vocations as well as non-budgetary needs of the church.

All principal dollars received will be retained and only income earned shall be expended. The committee meets quarterly throughout the year. the finances are audited by the church audit committee and one annual meeting is held to report the state of the fund to.