FINANCIAL INVESTMENT OPPORTUNITIES
The Congregational Investment Trust (CIT)
The CIT was created in 1991 as an endowment trust for donor gifts and contributions to the National Association of Congregational Christian Churches. It is also offered as an investment tool for member churches to use for their own endowment gifts. When member churches deposit their endowments in the CIT, their assets are pooled with the deposits of other investors, allowing greater cumulative purchasing power of all CIT participants than a church alone might realize. The trust should not be used as a short-term or money market vehicle as principal values will fluctuate.
Benefits of Investing
- A well diversified, balanced portfolio managed by Vanguard Institutional Services
- Lower fees
- Fiduciary oversight by experienced CIT Oversight Committee members.
The NACCC member church must adopt the Congregational Investment Trust Adoption Agreement and execute the Account Registration Form. These forms can be obtained from the NACCC office by calling Dan Drea at 800-262-1620 or emailing him at firstname.lastname@example.org.