The Endowment Fund
POBLO International has established the POBLO International Endowment Fund (the Fund) to expand our ministry through planned and memorial giving. The purpose of the Fund is to receive gifts and bequests and use them to further the growth of the organization, the mission, and the ministry of POBLO International. The Fund will enable our supporters to leave a legacy, ensuring that our vision and impact are sustained for generations to come.
Why do we need Endowments?
Endowments are planned giving programs that allow individuals to extend their generosity into the future. The Fund adds an important element to POBLO International's financial program, allowing us to be future-thinking with our vision and goals and to build a sustainable strategy for furthering the Kingdom of God.
POBLO’s goal is to raise $10,000,000 within a 10 year period. This will enhance the capacity of POBLO Ministries to extend significant opportunities to Lutheran congregations to start outreach to Muslims and others. A three-member committee has been formed to manage and coordinate with the endowment foundations and financial institutions. This committee will then report its progress to POBLO’s Executive Board three times a year.
The purpose of establishing the POBLO Endowment Fund is to build financial longevity and strength for the future and existing mission work of POBLO International. Currently, funds for the many mission sites are received and disbursed as they come. By establishing the endowment fund, POBLO will achieve greater financial strength. Presently, we are receiving telephone calls from individual donors who ask if we have established an endowment fund for POBLO Ministries. POBLO International is growing very rapidly, and our vision is to identify, train and deploy 100 ethnic missionaries in the United States by 2025. Also, our long-range mission plan includes helping Lutheran congregations start 500 International Friendship Centers (IFC’s) in the United States by 2025.
Our Core Values
All people matter to God, and therefore, they matter to us. All people deserve to be treated with respect, love, and hospitality, regardless of race, culture, religion, gender, sexual orientation, or socio-economic status.
POBLO sees integrity as central to our organization. We value openness, honesty, and rust, and implement these principles in our work.
POBLO strives to foster a culture of inclusiveness in all that we do. We value diversity and extend services to all, regardless of nationality, religion, or cultural background.
POBLO believes in the one Gospel message that transcends cultures, yet we recognize that the way the message is delivered must vary in order to resonate with diverse groups of people. We strive to make our work as effective as possible through cultural relevancy.
In the Islamic faith, conversion to Christianity or any other religion is punishable by death. Many of the people we work with face possible discrimination and even danger from family and friends if they believe in Christ. We are aware of these risks and do all that we can to insure their security.
The Fund is administered by the POBLO International Endowment Fund Committee, which is accountable to POBLO International’s Board of Directors. The Endowment Fund Committee is responsible for ensuring that the Fund’s resources are utilized for the purposes set out by the Fund.
How can we participate?
The POBLO International Endowment Fund currently accepts unrestricted gifts, which will be used for the specific purposes determined by the Fund. There are numerous types of gifts that can be used to plant seeds for the future.
Gifts of Cash
Simplicity and ease of giving are the reasons that cash is the most commonly given gift to endowment funds.
Gifts of Stocks and Bonds
A gift of long-term securities entitles you to an income tax deduction for the full market value of the securities as of the date of your gift. You are not liable for the capital gains tax you would incur if you sold the securities.
A Personal Will
In your will, you may decide to bequeath a percentage of your estate, a specific amount, or the remainder after bequests to other beneficiaries are made. Bequests can be cash, bank securities, real property, or other personal property.
Gifts of Life Insurance
You may designate the Endowment Fund as the beneficiary of your life insurance policy.
A well-drafted trust can minimize income and estate taxes. For example, a living trust benefits you during your lifetime and allows you to avoid probate, as well as direct your charitable bequests after your passing.
Are My Gifts Tax Deductible?
Yes, your gifts to POBLO’s Endowment Fund are deductible for Federal Income Tax purposes. Bequests, legacies, and all gifts of value are generally exempt from federal estate and gift taxes. You may wish to consult with your tax professional before making a commitment.
Our strength comes from the Lord. POBLO’s strengths include our indigenous missionaries and evangelists, Board of Directors, our congregational partners in mission, our prayer partners, our many volunteers, and the generous donors who believe in reaching unreached souls for Christ. All are very committed to the Great Commission and to making disciples for Christ’s kingdom.