Lutheran Foundation for Long Term Living
About Lutheran Foundation for Long Term Living
Founded in 2022, the Lutheran Foundation for Long Term Living (LFLTL) was born out of a deep desire to improve the lives of individuals in need.
Our mission is to improve the quality of living for individuals experiencing illnesses, injuries, and/or disabilities that prevent them from living a dignified life. We believe that every person deserves to live with dignity and respect, and we work tirelessly to provide grants to organizations that share our commitment.
The Lutheran Foundation for Long Term Living may award grants to:
▪ A nonprofit organization (NPO) is one that qualifies for tax-exempt status by the IRS because its mission and purpose are to further a social cause and provide a public benefit.
▪ A not-for-profit organization (NFPO) is one that does not earn profit for its owners. All money earned through pursuing business activities through donations goes right back into running the organization.
▪ For-Profit Organization (FPO) is one that operates with the goal of generating income for the benefit of shareholders, investors, members, and/or partners. Most businesses are for-profit and serve their customers by selling a product or service. The business owner earns an income from the profit and may also pay shareholders and investors from the profits.
▪ Program Related Investments (PRIs) is an investment made by a foundation from its charitable pool of assets into a for-profit organization whose purpose furthers one or more of the purposes of the foundation.
Grants are not normally considered for: scholarship funds, fundraising events, deficit reduction, operational shortfalls, any ongoing operational expense, endowment campaigns, exclusive sectarian religious activities, or reimbursements for expenses already incurred*, any program, organization, activity, or part thereof, that is not in substantial compliance with any current State, Commonwealth, or Federal Laws, acts, regulations, or Ordinances.
People
- Mark Gusek, Founding President & CEO