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What's New

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Additional member appointed to Investment Advisory Committee

At the directors' meeting held November 7,  2008 the board appointed Timothy G. Long to serve on the Investment Advisory Committee.  Mr. Long will join five (5) existing members in providing investment advice and council to the Foundation's CEO and staff in the management of funds held in charitable accounts and funds held for charitable organizations.  The Foundation aggregates these funds for investment into common funds with asset allocations to accommodate appropriately for the various objectives and time lines of the donors and investors.  Investment models are constructed and managed in a value-added process that intends to provide unbiased investment choices that produce risk-adjusted investment returns exceeding benchmark calculations.  To read Mr. Long's professional credentials and other involvements, please click here.

Interest rates to decrease effective July 1, 2008

In response to the decrease in interest rates in the market place and to provide rates to the investors and borrowers that are competitive and fair, the Board of Directors at its May meeting authorized rate decreases of one percent (1.0%) to the investors and one and a half percent (1.5%) to the borrowers.  The decrease to investors is in addition to the one half percent (.5%) decrease effective April 1, 2008.  To view the new investment rates, first go to the Loan Fund Investment Options page by clicking here and then select your state of residence.

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Last Modified on June 12, 2009 | Brethren in Christ Foundation, Inc. All rights reserved.