Fund Management
Prudent investment of church reserves and specially designated funds requires professional expertise. It can detract from the church’s ministry focus. The Missouri Baptist Foundation has helped churches with investment of financial resources since 1946. Foundation investment professionals assist client churches in developing investment policies to help the church meet its fiduciary responsibilities as a steward of church members’ contributions.
When might a church use Foundation fund management services?
If a church has responsibility for investing funds beyond budget receipts and expenditures, Missouri Baptist Foundation may be a valuable resource. Situations where the Foundation has helped include accounts for:
- Accumulation of funds for a building project
- Investments of operating reserves and emergency funds
- Management of designated funds
- Investment and management of perpetual endowment funds for missions,
evangelism,
scholarships, maintenance, etc.
- Receipt and management of memorial gifts
Investment
Options*
For short-term investment needs, three MBF Cash Funds are available. These
provide competitive money market rates and, if desired, an FDIC insured
option.
For intermediate and longer-term investment needs where the primary objective is current income, the MBF Income Fund and the MBF Bond Fund are available.
For long-term investment needs, especially endowment, the MBF Balanced Fund, MBF Diversified Fund, and MBF Stock Funds are available.
Because ministries have a variety of needs, the Foundation offers diverse investment options. Current fund performance is available on request.
MBF Cash Funds – fit short-term investment goals, offer liquidity and preserve principal. Cash funds provide competitive money market returns and can be FDIC insured for at least $1 million.
MBF Income Fund – with the objective of generating current income and preservation of nominal capital, is designed to pay current income on a regular basis. The fund operates under a “buy and hold” strategy holding high quality government and corporate bonds and other fixed-income securities.
MBF Balanced Fund – blends stock and bond funds and is ideal for endowment. This fund seeks to grow principal and make stable distributions. Long-term investment objectives of three-to-five years or more may also be achieved.
MBF Diversified Fund – blends stock and bond funds with alternative investments to reduce volatility of returns. In meeting long-term investment objectives, this fund seeks to provide a stable distribution while protecting the purchasing power of principal against inflation.
MBF Stock Funds and Bond Funds – can be used to create a custom allocation for other investment needs and objectives. Minimums may apply.
Investment options incorporating individual securities, selected mutual funds, or certificates of deposit may be structured into a unique investment portfolio to meet special investment objectives.
*Investing in the securities markets involves risk. The Missouri Baptist Foundation believes its investment policies will provide positive results, but there is no guarantee of such written or implied. Past performance is no guarantee of future performance.
