The Foundation administers funds for local churches such as endowments, bequests, memorials, and building funds. Every church in the Central Texas Conference is eligible to have an account with the Foundation to enjoy the benefits of investing with other churches to maximize resources for ministry.
The Foundation's investment policy is (1) to conserve principal for the effective maintenance of purchasing power; (2) to provide regular income at a reasonable rate; (3) to ensure growth of income and principal over and above that necessary to offset rises in the cost of living; and (4) to invest in the institutions, companies, corporations, or funds that make a positive contribution toward the realization of the goals outlined in the Social Principles of the United Methodist Church.
In addition to Certificates of Participation, the Foundation offers four investment pools for the churches of the Conference and for the individuals creating trust and annuity accounts with the Foundation: a Growth Stock Fund, a Fixed Income Fund, the Diversified Fund, and the Church Loan Fund. Deposits to the investment pools purchase units, or shares, in the pools. The units are priced at the market value of each pool. Market values fluctuate in the Growth Stock Fund, in the Fixed Income Fund and in the Diversified Fund resulting in gains and losses from time to time.
For more information, contact the Foundation.
