Lutheran Education Foundation

Lutheran Education Foundation (LEF) provides scholarships to needy children in K-12th
grades, enabling them to attend a Lutheran school of their choice in Arizona.

Arizona legislation enacted in 1997 permits individuals to reduce their Arizona income tax
liablity for contributions to certain entities known as "school tuition organizations" (STO'S).
LEF was incorporated in response to this legislation and is a 501(c)3 non-profit "STO".

To date, LEF has designated 100% of the donations received toward scholarships, with no
amounts used for administrative costs. LEF awarded scholarships to students representing
14 Lutheran schools throughout Arizona. To ensure that only the most needy students
receive funds, donors may not name recipients, however designation can be made to
specify a qualifying Lutheran School.

LEF awards scholarships solely on the basis of financial need. Parents submit applications
to an independent outside evaluation service, FAIR, which computes the suggested
scholarship amount. The LEF Board of Directors makes the final determination.