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Mission
The Munderloh Foundation awards scholarship grants to seminary students
committed to becoming pastors in the parish ministry of the
Evangelical Lutheran Church in America and the
Lutheran Church - Missouri Synod who are in financial need.
The scholarship grants are limited to students attending the following four
seminaries:
- Lutheran School of Theology at Chicago - Chicago, Illinois.
- Trinity Lutheran Seminary - Columbus, Ohio.
- Concordia Theological Seminary - Ft. Wayne, Indiana.
- Concordia Seminary - St. Louis, Missouri.
Each scholarship grant is contingent upon the student accepting the "challenge"
of actively recruiting another to undertake a life's vocation in the
parish ministry.
Corporate
The Munderloh Foundation is a Michigan nonprofit corporation which is exempt from
federal income tax under Section 501(c)(3) and classified as a public foundation under
Section 509(a)(3) of the Internal Revenue Code of 1986, as amended.
The Foundation is governed by a Board of Trustees, most of whom are members of St.
James Lutheran Church of Grosse Pointe Farms, Michigan. The trustees determine the
Foundation's policies and review the scholarship grant applications.
The officers and Admissions Counselor of the Foundation, who report to the Board of
Trustees, are responsible for the Foundation's administrative affairs. The Admissions
Counselor is in charge of the administrative duties directly relating to the scholarship
grants and acts as liaison between the Foundation and the four seminaries whose students
the Foundation supports. The Foundation's Pastoral Counselor advises the Board on
matters relating to the Evangelical Lutheran Church in America and the Lutheran Church
- Missouri Synod and reviews scholarship grant applications with the trustees.
Financial
The Foundation has an endowment of approximately $7.3 million and currently awards
scholarship grants of $2,500 each to about 130 seminary students for an academic year.
The grants are funded from endowment income and appreciation in the endowment. An
independent investment advisor manages the endowment and reports to the Board of
Trustees.
The Foundation accepts financial support from the general public.
The most recent Annual Report of the Foundation is available upon request.
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