Foundation Scholarship

St. Stephen’s Foundation

Support for Projects & Programs

St. Stephen’s Foundation was organized in 1982 to help members of the church and others provide support for long-term projects and programs.

Past projects have included:

· annual scholarships for post-secondary education

· design and construction of our pipe organ

· sponsorship of youth mission trip participants

· seminary scholarships

Giving a gift to St. Stephen’s Foundation is simple.

Anyone may contribute by donating:

· stocks

· bonds

· cash

· other assets, including securities or real estate

When you give a gift, you may:

· contribute to any existing funds

· create a new fund (with approval of the Board of Trustees)

· support an Endowment Fund, which spends only earnings from the principal

· designate a purpose to support with principal and earnings

· make an undesignated gift, to be used as needs or new projects arise

The St. Stephen’s Foundation Board of Trustees takes great care to create a balanced Investment Policy that sets broad objectives, allocation benchmarks, and investment strategies that keep with the fiduciary duties of the Board. Trustees are elected from the membership of St. Stephen’s Lutheran Church and meet quarterly.

For more information, contact a pastor or any trustee.

Church office: 608-222-1241. mail@ststephensmonona.com

Foundation Trustees:

Steve Halverson, President Annie Engebretson

Bob Allen, Vice President Connie Kilmark

Allen Bodden, Treasurer Nick Utphall

Steve Gasser, Secretary

Click here to email for more information

Scholarships Awarded

Trustees of St. Stephen’s Foundation announce the awarding of eight college scholarships totaling $2,800 for the 2010-2011 academic year to the following students:

From the General and Wiskowski Scholarship Funds:

Tessa Romanski - Luther College - Pre-Law

Rebecca Teschan - Madison Area Technical College - Undecided

Rachel Wedeward - Ripon College - English

Alexandra (Lexie) Teschan - Madison Area Technical College - Youth Ministry

From the Irene B. Thomas Fund:

Karin Hansen - St. Olaf - Pre-Vet; Biomedical Studies

JunFeng Hou - UW Madison - Chemistry

Brittany Oren - UW Oshkosh - Biology or Chemistry

Jordan Wink - UW Whitewater - Biology

Awards will be distributed at the 10:00 a.m. service on Sunday, June 13, 2010.

The St. Stephen’s Foundation is grateful for contributions it receives to enable it to continue to provide awards to eligible students. We encourage contributions to any of the above-mentioned funds (or the establishment of a new fund) to assure continued distribution of scholarship awards.

The students who receive these awards are excellent scholars and the financial help provided by these scholarships takes some of the burden off of them to allow for more concentrated study.

Foundation Trustees Elected

The following individuals were elected as Foundation Trustees at the January 31, 2010, Foundation Annual Meeting:

Bob Allen (3-year term)

Annie Engebretson (3-year term)

Pastor Nicholas Utphall (1-year term)

Foundation Officers Elected

At the Foundation meeting following the Annual Meeting, the following officers were elected:

Steve Halverson, President

Bob Allen, Vice President

Allen Bodden, Treasurer

Steve Gasser, Secretary