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Grace Lutheran Church Thrivent Choice Fund Guidelines

GRACE EVANGELICAL LUTHERAN CHURCH

THRIVENT CHOICE FUND GUIDELINES

“A Thrivent Choice Fund, whose purpose, governance, and operational

procedures shall be defined by special resolution adopted by the congregation,

shall be established.”

Resolution to Implement the Thrivent Choice Fund

WHEREAS, Christian stewardship involves the faithful management of all

the gifts God has given to humankind-the created world, the gospel, life, time,

abilities, money, and

WHEREAS, the Scriptural principle of proportionate giving, to return to the

Lord a portion of the gifts God has first given to his beloved children, is both a

privilege and an appropriate response in all time and circumstances; and

WHEREAS, members of Thrivent may choose to direct monies created by

their Thrivent financial products and services to Grace Evangelical Lutheran

Church Thrivent Choice Fund, and

WHEREAS, it is the desire of Grace Evangelical Lutheran Church to accept

and share God’s love by reaching out to the needs of church members,

community members, and Grace’s organizations and missions:

THEREFORE BE IT RESOLVED, that this congregation in its quarterly meeting

assembled on January 2012, approved and established on the records of the

Church a new and separate fund to be known as the Grace Evangelical Lutheran

Church Thrivent Choice Fund (hereafter sometimes referred to as the “Fund”) of

Grace Evangelical Lutheran Church, 607 South Main St., P.O. Box 328, Jackson

Center, Ohio 45334. The Fund’s fiscal year shall correspond with the

congregation’s fiscal year of January through December.

BE IT FURTHER RESOLVED, that the purpose of this fund is to extend the

ministry of Grace Evangelical Lutheran Church apart from the general operation

of the congregation; that no portion of the income generated by the Fund shall be

used for the annual operation budget of the congregation;

BE IT FURTHER RESOLVED, that the Thrivent Choice Fund committee

(hereinafter sometimes referred to as the “Committee”) shall be the custodian of

the fund;

BE IT FURTHER RESOLVED, that the following plan of Operation set forth

the administration and management of the Fund:

MODEL BYLAWS TO IMPLEMENT THE PLAN OF OPERATION

1. COMMITTEE MEMBERSHIP

1.1. “The committee shall consist of five members, all of whom shall be

voting members of Grace Evangelical Lutheran Church. Except as herein

limited, the term of each member shall be three (3) years. Upon the

adoption of this resolution by the congregation, the Church Administrative

Council (CAC) shall approve (5) members to the Committee: two (2) for a

term of three (3) years; two (2) for a term of two (2) years; and one (1) for a

term of one (1) year. Thereafter, at the CAC meeting following each

annual meeting, the CAC shall approve the necessary number for a term of

three (3) years. No member shall serve more than two consecutive three

(3) year terms. After a lapse of one (1) year, former Committee members

may be re-appointed. The pastor and the CAC liaison shall be advisory,

nonvoting, members of the Committee. The committee shall report at the

annual congregational meeting. In the event of a vacancy on the

Committee, the CAC shall approve a member to fulfill the term of the

vacancy.

1.2. No member of the committee shall engage in any self-dealing or

transactions with the Fund in which the member of the committee has

direct or indirect financial interest and shall at all times refrain from any

conduct in which his/her personal interests would conflict with the

interests of the Fund.

1.3 The Committee shall meet at least quarterly, or more frequently as

deemed by it in the best interest of the Fund.

1.4 A quorum shall consist of three (3) members. When only three (3)

members are present a unanimous vote shall be required to carry any

motion or resolution.

1.5 The Committee shall elect from its membership a chairperson, vice

chairperson, recording secretary and financial secretary. The chairperson,

or member designated by the chairperson shall preside at all Committee

meetings.

1.6 The recording secretary of the Committee shall maintain complete and

accurate minutes of all meetings and supply a copy thereof to each

member of the Committee. The recording secretary shall also supply a

copy of the minutes to the church secretary.

1.7 The financial secretary of the Committee shall report to the

congregation’s treasurer in maintaining and coordinating complete and

accurate accounts for the Fund. The books shall be “audited” or reviewed

annually according to agreed upon guidelines by appropriate person who is

not a member of the Committee.

1.8 The committee shall report on a quarterly basis to the congregation.

1.9 The Committee shall promote directing monies to the Fund by

developing and making available information to educate Thrivent members

of the existence and purpose of the Fund. The committee will encourage

and thank Thrivent members for allowing earned dollars to come to our

congregation.

1.10 The Committee may request other members of the congregation to

serve as advisory members and, as needed may seek advice from the

Thrivent Financial Associate to help in decisions for the best interest of

the Fund.

1.11 Members of the Committee shall not be liable for any losses that may

be incurred except to the extent such losses shall have been caused by bad

faith or gross negligence. No member shall be personally liable as long as

he/she acts in good faith and with ordinary prudence. Each member shall

be liable only for his/her own willful misconduct or omissions, and shall not

be liable for the acts or omissions of any other member.

1.12 All assets are to be held in the name of the Grace Evangelical Lutheran

Church Thrivent Choice Fund.

2. DISTRUBUTION OF INCOME

2.1 The Committee shall determine how funds will be spent according to

accepted accounting procedures.

2.2 Monies will be received quarterly from Thrivent Financial and will be

deposited in the Thrivent Choice Fund. These monies have been

designated to Grace Evangelical Lutheran Church Thrivent Choice Fund by

Thrivent members from their Thrivent financial products and services.

2.3 Monies received during a calendar year would not be available for

distribution until the following year.

2.4 Income from the Fund shall be distributed annually and at such other

times as deemed necessary and/or feasible to accomplish the following

purposes:

A. A minimum of 10% and a maximum of 90% for outreach into

the community including, but not limited to, Fish Pond food pantry,

We Care Fund, Compassionate Care, and other special programs

designed for persons in our parish area who are in spiritual and/or

economic need.

B. A minimum of 10% and a maximum of 75% given for Grace

Church’s youth organizations including, but not limited to Luther

League, Sunday School, VBS and others; also other organizations of

Grace Church, including but not limited to, Choir,Women of the

Church, Brotherhood.

C. A minimum of 0% and a maximum of 50% given for the specific

needs of families or individuals in Grace Church or the surrounding

Jackson Center community who may be in economic, spiritual, or

medical need.

D. A minimum of 0% up to a maximum of 25% for outreach in

national or international needs.

2.5 Disbursement of income from the Fund need not occur annually in

the event causes and programs have not been approved by the Committee

sufficient to utilize the total income available or if in the judgment of the

Committee total annual disbursement of income is not recommended.

3. AMENDING THE RESOLUTION

“BE IT FURTHER RESOLVED that any amendments to this resolution, which

will change, alter or amend the purpose for which the Fund is established

shall be adopted by a two-thirds vote of the Committee and approved by

the CAC.

4. DISPOSITION OF TRANSFER OF FUND

“BE IT FURTHER RESOLVED that in the event Grace Evangelical Lutheran

Church ceases to exist either through merger or dissolution, disposition or

transfer of the Fund shall be at the discretion of the committee and CAC.

5. ADOPTION OF RESOLUTION

“This resolution, recommended by the Church CAC and accepted by the

congregation at a legally called congregational meeting, is hereby

adopted.”

Grace Evangelical Lutheran Church

By__________________________

President

By___________________________

Secretary

Dated this ______day of __________________, 20__

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