Moravian Magazine Issue 3 2020

Page 21

MORAVIAN FOUNDATIONS A Century of Giving Larger Life to Moravian Ministries

Agencies benefit from Larger Life support The Larger Life Foundation is celebrating its 100th Anniversary in 2020. While this has been a difficult year for many – not the best time to celebrate anything –100 years of aiding the Moravian Church, Northern Province shouldn’t go unnoticed. The Larger Life Foundation’s purpose is to aid specific benevolent, charitable, education and missionary undertakings in the Moravian Church, Northern Province. Originally the Foundation supported nine ministries and agencies. Through the years, church needs evolved and increased, as did the growth of our funds and contributions, so that the Foundation was able to expand its reach. In 2020, the Larger Life Foundation supports 20 core agencies with substantial, semi-annual payments in fixed proportions in four-year commitments. The core agencies are located in all Districts of the Province—Eastern, Western and Canadian—and include these ministries: • Moravian Church Pension and/or Supplemental Healthcare Fund • Northern Province provincial administration • Canadian, Eastern and Western District programming • Northern Province ministerial training • Moravian Open Door • Board of World Mission

• Moravian Archives • Four Moravian camping ministries across the Northern Province • Four Moravian retirement communities across the Northern Province • Moravian College and Theological Seminary • Two K-12 Moravian education private schools In its 100 years of growth, the Larger Life Foundation has distributed over $12,000,000 to the core agencies. In 2019 alone, the Foundation distributed over $400,000. Ultimate decision-making authority for the core ministry program resides with the Northern Province Provincial Synod and the Provincial Elders’ Conference during intersynodal years. Eighty percent of the portion of the funds distributed each year is allocated to the 20 core agencies. (The remaining 20 percent is allocated to smaller discretionary grants, now totaling 144. In addition, funds are kept available as needed for loans to churches for capital projects). The Board regularly reviews the core agency program, and each year the recipients provide the Larger Life Foundation Board with a report on how the funds supported their organization. (Continued on next page)

Larger Life

Foundation

MORAVIAN CHURCH NORTHERN PROVINCE

21


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.