Welcome to Bailout-istan

The postal service is trying out a new, green,
cost-saving way to deliver mail.

Mark Steyn created the new word for America: Bailout-istan.

Herbert Hoover and FDR both used jobs programs, tax hikes, and government bailouts to end the Great Depression. Both presidents made everything worse through their foolish gestures.

Expect no better this time around.

Foundation Blues

Yesterday's great ideas are no longer so great.

Yale lost 25% of its endowment in 2008, through investment write-downs. Yale was famous for gaining 16% a year for 10 years, tripling the endowment. They did this through alternative investments, like real estate.

That worked well earlier, when real estate jumped and the stock market was flat. All the other big endowments followed Yale.

Every foundation or endowment spends from the total, so a significant loss means a reduction in funds for the future. Since the bi-partisan recession is universal and global, everyone is seeing the same losses.

So what happens with these illiquid (hard to sell) investments? When the funds are short and the bonds are not producing, they will have to sell stock. One expert predicted that some endowments could run out of cash in two years.

That means the foundation-dependent congregations are going to be howling for more funds, but the cash will be greatly reduced or gone.

Risen Savior, Milwaukee: Champeen in Grantmanship, Church and Change Leader

Risen Savior Evangelical Lutheran Church
Milwaukee, WI 53224


Media Transparency Profile

Total Grants to Risen Savior Evangelical Lutheran Church
Total $ Granted: $ 75,000
For Years: 2005 2004
# Grants: 3


Grants to Risen Savior Evangelical Lutheran Church


Date Amount Purpose Funder
7-10-2005 25,000 To support outreach ministries The Lynde and Harry Bradley Foundation, Inc.
8-10-2004 25,000 To support urban outreach ministries The Lynde and Harry Bradley Foundation, Inc.
4-13-2004 25,000 To support urban outreach ministries The Lynde and Harry Bradley Foundation, Inc.

There are many more grants. The pastor teaches grantsmanship (note the new label) at Church and Change conferences.

THOSE SERVING GOD'S PEOPLE AT RISEN SAVIOR

Rev. Kenneth J. Fisher
Senior Pastor -- pastor@risensavior-luth.org

C and C: "105...... Grant Writing 101–Ken and Kim Fisher."

Prince of Peace, Florida: "Show Me the Money"

Prince of Peace Lutheran Church
Englewood, FL 34223


Media Transparency Profile

Total Grants to Prince of Peace Lutheran Church
Total $ Granted: $ 2,000
For Years: 2005 2004
# Grants: 2


Grants to Prince of Peace Lutheran Church
Click date for grant details.

Date Amount Purpose Funder
1-10-2005 1,000 To support general operations The Lynde and Harry Bradley Foundation, Inc.
4-20-2004 1,000 To support general operations The Lynde and Harry Bradley Foundation, Inc.

St. Marcus and $400,000

And they still cannot spell.


St. Marcus - two grants totally $400,000.

St. Marcus Lutheran School
Milwaukee, WI 53212


Media Transparency Profile

Total Grants to St. Marcus Lutheran School
Total $ Granted: $ 400,000
For Years: 2003 2001
# Grants: 2


Grants to St. Marcus Lutheran School


Date Amount Purpose Funder
12-12-2003 50,000 To support various projects The Lynde and Harry Bradley Foundation, Inc.
12-13-2001 350,000 To support the capital campaign The Lynde and Harry Bradley Foundation, Inc.

WELS - $320,000 in Grants - Community Development

Here is the link.

Total Grants to Wisconsin Evangelical Lutheran Synod
Total $ Granted: $ 320,000
For Years: 2005 2004 2003 2002 2001
# Grants: 8


Grants to Wisconsin Evangelical Lutheran Synod

Click date for grant details.

Date Amount Purpose Funder
9-20-2005 10,000 To support the Model ESL and First Language Literacy Training Programs The Lynde and Harry Bradley Foundation, Inc.
9-10-2004 10,000 To support the Model ESL and First Language Literacy Training Programs The Lynde and Harry Bradley Foundation, Inc.
9-10-2003 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.
4-11-2003 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.
9-10-2002 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.
4-10-2002 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.
9-10-2001 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.
4-10-2001 50,000 To support neighborhood development The Lynde and Harry Bradley Foundation, Inc.