The Alumni Fund
The Alumni Fund is a savings account for St. Paul’s generated primarily through alumni donations. Its primary purpose is to provide emergency cash resources for the Chapel. It is also used to cover expenses incurred by any alumni activities. Expenditures from the fund must be approved by the Chapel’s board of directors. In general, donations are not spent as part of the annual budget, and are held in an account separate from the regular Chapel checking account. The savings generates interest, which is added back into the fund.
Donations to the Alumni Fund may be made by sending a check payable to “St. Paul’s Lutheran Chapel” and writing “Alumni Fund” in the memo portion. Donations may be mailed to the chapel at the following address:
404 East Jefferson Street
Iowa City, IA 52245
Generally donations to the Alumni Fund are tax deductible, but donors are encouraged to speak to a tax professional regarding this and any other charitable donations.