Investment Plus Gift

The Next Generation Note unites both invested and contributed dollars to strengthen LCEF's capability to offer loans and services to LCMS ministries. You are a key partner in making a difference in the Church now and for the next generation.

The Next Generation Note gives you a higher interest rate on your investment, along with the satisfaction of connecting with ministries. The additional interest is 1.5% for the initial term of the note.

Features:

• Five-year, fixed-rate term note.
• $5,000 minimum purchase price; 10% minimum gift
• Interest distributed or compounded quarterly
• Plus, based on a 25% tax rate and full deductibility of the eligible deductible portion, the tax benefit of the gift adds approximately 0.14% to the total annual return.

In conjunction with the purchase of the Next Generation Note, you have made a contribution to the LCEF. A portion of this contribution is non-deductible and considered a premium on the purchase of the note since you are receiving a benefit in return for the contribution (i.e., a higher interest rate than similar products on the balance of the note). If the non-deductible portion of the contribution (premium) is deducted from the interest on the note, the yield-to-maturity will be reduced. Please consider this before investing.

This product is not available for IRAs.

Information on this web page is of general nature and is not intended to be legal, accounting, or tax advice. Neither the Lutheran Church Extension Fund nor its representatives give legal, accounting or tax advice. You should consult with your attorney and/or tax advisor as to the applicability of this information to your own situation.

For complete disclosure information about LCEF, see the Offering Circular or request a copy by calling 1-800-843-5233. After reviewing the Offering Circular, download the application for LCMS organizations.