Accounts

The Foundation offers both Endowment Trusts and Custodial Accounts.

Permanence of an Endowment Trust

An Endowment Account creates a Trust for the future ministry of the church.  Usually only the annual income or a percentage of the market value is available to the church while the principal is allowed to grow to create more income for the future.  It encourages additional donations to the fund because of the sense of permanence and creates confidence that the church believes in its future.  An Endowment Trust can funds dreams and bridge financial hardships.

Flexibility offered by Custodial Accounts

This type of account at the Foundation distributes funds to the church “on demand.”  There are no maturity dates and no penalties for withdrawals.  The church can take advantage of the investment management opportunities offered by the Foundation and still have the funds available for current ministries.  This is an especially useful tool for Reserve Funds.

Benefits of both types of accounts:
 

  1. Wide Diversification -- The small investor and the large investor both benefit from our funds management practices at the Foundation.  The permanent charitable trusts and long term deposit accounts are pooled together for investment purposes.  This partnership offers the possibility of minimizing investment cost while maximizing investment returns.  Our investing practice is income with preservation of principal and long-term conservative growth. 

  2. Choice of Investment Fund -- Investors can choose from four fund options, from our most conservative Fund A with no exposure to equities, to three balanced funds, with increasing percentages of stock investment.

  3. Reasonable Returns for a Low Fee -- The Foundation is a 501(c)(3) corporation.  All reporting is net of fees.   
     

  4. Socially Responsible Investing--All of our investment managers have agreed to follow Socially Responsible Guidelines for investing.  We invest in stock which is socially responsible in accordance with the Social Principles of the United Methodist Church which exclude those corporations whose major revenues are derived from alcohol, tobacco, gambling, production of nuclear armaments and pornography, etc.

Please contact us for more information.