CONGREGATIONAL INVESTMENT TRUST FUND

Did you know that, at the request of many member churches who wanted help in investing endowment, building, or other funds, your National Association established this Fund in 1993? Any member church may use it. Based upon a “Total Return” concept, it has averaged 9.2% return, even with some ups and downs in investments,.

Associated Trust Company manages our fund, with additional supervision by our own Investment Advisory Committee (5 men who are members of member churches, active in the investment business, and who volunteer for our NA). And, because your National Association also invests its own funds here, the fee or cost is very low. Each church has an individual account and receives reports quarterly. Longer term investments are preferred, but a church can set up specific withdrawals or other terms.

If your church needs better investment advice and return, we suggest you look into the possibilities of this valuable service of your NA! For more information and a packet of information about the fund, call the NA office or a member of the Financial Services Committee.

As of June, 2004, 33 churches have invested funds ranging from $500 to $648,000. Most churches have invested under $150,000.

 

Dollars and Cents
THE PROVIDENCE FUND MEANS CARING

Attendees at the Annual Meeting often remark that it is like a family reunion. We laugh and worship together, and argue, too. But, some members of our NA family need your help to attend the Kansas City meeting. Often, church budgets cannot be stretched enough to send a delegate. When church representatives are absent, we all miss the advice and conversation that might have been.

The Providence Fund, originally named for Providence, RI, the site of the 2004 Annual Meeting, offers grants so that the NA family can come together. Your church can lend a hand to a sister church by sending a donation marked The Providence Fund, to the NA office.