First executive director of WELS Foundation
Filed Under: WELS Foundation, WIF
Mr. Jim Holm, currently the president of WELS Investment Funds (WIF), has accepted the offer to be the first executive director of WELS Foundation. In his new role, Holm will provide strategic leadership and direction for the foundation as well as oversee day-to-day operations. 
WELS Foundation manages gifts for donors who want to support work of the synod, congregations, and other WELS ministries.
The new executive director position is funded through WELS Foundation and reports to Rev. David Liggett, president of WELS Foundation and director of the Ministry of Christian Giving.
"Jim is familiar with the intricate details it takes to run a foundation," says Liggett. "He'll be like the biblical Aaron—supporting those on staff, donors, and Christian-giving counselors."
Holm has served WELS Investment Funds—which provides cost-effective, professionally managed investment portfolios for WELS and WELS-affiliated organizations—for nearly 10 years. Currently more than 130 WELS ministries, including more than 100 congregations, are investing through WIF; as of Mar. 31, 2008, its total combined assets were $113.1 million.
Holm will continue to oversee WIF until a replacement can be found. "I look forward to partnering with our Christian brothers and sisters," he says, "and the many WELS ministries affiliated with our synod."
Learn more about WELS Foundation online: www.wels.net/foundation
Learn more about WELS Investment Funds online: www.welsfunds.net
