Lutheran Legacy Foundation

The Lutheran Legacy Foundation is a nonprofit organization dedicated to supporting the future of Lutheranism. It operates as a community foundation, fostering Christian faith and values for future generations. The organization helps individuals, churches, and other organizations plan for and endow the future of Lutheran causes.

Mission

The mission of the Lutheran Legacy Foundation is centered on nurturing Christian faith and values. It seeks to make it easier for individuals and organizations to support Lutheran initiatives, ensuring a strong legacy for the future.

History

Although there is limited specific information about the founding of the Lutheran Legacy Foundation under this exact name, it is closely associated with the Clara and Spencer Werner Foundation, which has a long history dating back to 1953. The Werners were prominent in their community, particularly in Paris, Illinois, where they founded Grace Lutheran Church. Their foundation has awarded millions of dollars to support Lutheran causes, reflecting their commitment to outreach and faith.

Financial Overview

In recent years, Lutheran Legacy Foundation has managed significant financial resources. As of 2023, it reported nearly $64.2 million in total assets and $34.2 million in liabilities. Its revenue was $127,000, while expenses were approximately $1.51 million. The organization's financial activities include managing investments and providing grants to support Lutheran organizations and initiatives.

Grants and Programs

The foundation is active in grant-making, with a history of providing substantial support to Lutheran organizations. In 2024, for example, it provided nearly $891,128 in grants. This philanthropic activity is part of its broader mission to cultivate and preserve the Lutheran legacy.

Governance

The Lutheran Legacy Foundation is governed by a board of directors who oversee strategic planning and ensure the organization's alignment with its mission. The board includes members such as Thomas Patchett, Jerry L. Klug, James Jordan-Wagner, Christopher Eldredge, and others. Governance practices include regular board assessments and a focus on ethics and transparency.

Category

The organization falls under the category of Philanthropy, Voluntarism, and Grantmaking Foundations, which includes community foundations dedicated to charitable and religious causes[2].