- North Indiana United Methodist
Foundation
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Services for Churches
- We
serve United Methodist churches and agencies throughout the North
Indiana Conference. We help with
starting, promoting and managing, their own endowments programs; and
provide educational seminars, at no cost.
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Click here to learn more about Seminars and
Workshops
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Click here
to learn more
about Promoting Endowments
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- We
serve individuals affiliated with United Methodist churches in the North
Indiana Conference, and beyond,
in the design and implementation of their planned giving objectives.
The Foundation can help individuals establish a Charitable Gift
Annuity or Trust, which will provide lifetime income to themselves, or
loved ones, and will ultimately benefit the UM Church, or other charity
of their choice.
Click here to learn more about Gift Planning
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The
Foundation operates the Investment Service Fund, which is available to
local churches and agencies of the North Indiana Conference. By
pooling their assets, these churches and agencies enjoy the investment
benefits and advantages available to larger investors. Only a North
Indiana Conference entity, or one sanctioned by specific policy, is
eligible to participate in the Investment Service Fund.
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- Consulting Services
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The
Foundation provides investment-consulting services for North Indiana
Conference churches and agencies. There is no fee for this service.
There are many factors to consider when making any investment,
including asset allocation, time horizon, and risk tolerance, to name
a few. A Foundation representative will be glad to meet with your
committee to answer questions and help you work through these issues.
Click here to contact
North Indiana
United Methodist Foundation.
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The Investment Service Fund is divided into separate investment
funds. Each Fund has stated investment goals and objectives and is
accounted for separately. There are presently six established Funds
in which an investor may participate. A description of each Fund and
its stated investment goals and objectives are described below:
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Money
Market Fund - This fund
is designed to achieve money market rates of return and will invest
only in short term cash instruments. The primary objective is to
preserve capital through all market cycles. The fund is insured up to
$75,000,000.
Click here to learn How to Participate
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Short-Term Investment Fund - The Short
Term Investment Fund is a bond fund that seeks to maximize current
income consistent with preservation of capital. The fund invests
primarily in a broad range of high quality bonds such as U.S. Treasury
Bills and Notes, U.S. Federal Agencies and short-term corporate
obligations. This fund is for investors who seek conservative
short-term investments that focus on capital preservation and
liquidity. The market value of the fund will fluctuate as economic
factors change.
Click here to learn How to Participate
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Domestic Bond Fund (DBF) - DBF’s
investment objective is to earn current income by investing in a broad
mix of investment-grade fixed income securities. DBF’s portfolio
includes U.S. government and agency bonds, corporate bonds, mortgages
and asset-backed securities. The corporate bonds held are primarily of
companies that are domiciled in the U.S. and are investment grade. The
average maturity of securities held by DBF is approximately seven and
one half years. The performance benchmark for DBF is the Lehman
Brothers U.S. Universal Index. The market value of the fund will
fluctuate as economic factors change.
Click here to learn How to Participate
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Multiple
Asset Fund (MAF) - MAF’s
investment objective is to maximize long-term investment returns,
including current income and capital appreciation, while reducing
short-term risk by investing in a broad mix of investments. MAF is
comprised of a pre-specified allocation of four of the other U.M.
General Board of Pension (GBOP) Funds: 45% Domestic Stock Fund, 20%
International Stock Fund, 25% Domestic Bond Fund, and 10% Inflation
Protection Fund. The performance benchmark for MAF is a blended index
based on 45% of the investment returns of the Russell 3000 Index, 20%
of the investment returns of the MSCI ACWI ex USA Index, 25% of the
investment returns of the Lehman U.S. Universal Index and 10% of the
investment returns of the U.S. Barclays Capital Global Inflation
Linked Bond Index. Market value and returns will fluctuate as market
conditions change.
Click here to learn How to Participate
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Managed Mutual Funds
- This fund is a diversified multiple-asset-class
fund of funds. The Objective is to obtain capital appreciation over the
long term while at times providing a low level of current income to
reduce portfolio volatility. This is accomplished by investing in a
broad mix of different types of investments. This Fund may be
appropriate for long-term investors who are willing to accept an average
level of market risk associated with investing in a portfolio that
depends largely on the value of common stock holdings and some
fixed-income investments. The Fund seeks to achieve its investment objective
by investing primarily in no-load and load-waived mutual funds
(“Underlying Funds”). Under normal market conditions, the Fund will
invest almost exclusively in shares of high quality growth funds and
total return funds. These Underlying Funds generally invest in equity
securities of U.S. and foreign companies with a wide range of market
capitalization. In addition, at times the Fund may have unlimited
exposure to total return funds, or fixed income funds. Note: because
this fund invests in publicly traded mutual funds, it is not socially
screened as recommended in the United Methodist Social Principles.
Market value and returns will fluctuate as market conditions change.
Click here to learn How to Participate
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Global Stock Fund
- The Global Stock Fund's investment objective is to
earn Long-term capital appreciation from a broadly diversified portfolio
that includes both domestic and foreign stocks. The Global Stock Fund is
invested 80% in the GBOP Domestic Stock Fund and 20% in the GBOP
International Stock Fund. The Performance Benchmark for Domestic Stock
Fund is the Russell 3000 Index. The performance benchmark for the
International Stock Fund is the MSCI ACWI ex USA Index. Market value and
returns will fluctuate as market conditions change.
Click here to learn How to Participate
To Participate in the Investment Service
Fund
Any
North Indiana Conference entity desiring to participate in the Fund
should first receive a copy of this
Information Statement and Trust
Agreement, and read them thoroughly before making a request to be a
participant. To participate in the Fund, a North Indiana
Conference entity must complete a Participation Agreement. This form is
to be submitted to the Foundation along with the initial deposit of cash
or securities.
Click here to down load the forms
Deposits,
Withdrawals and Transfer
The
minimum amount that may be transferred to open an account in the
Investment Service Fund is one thousand dollars ($1,000.00) per
account. Once an account is opened, additional deposits may be made at
any time, in any amount. Except for investments in the Money Market
Fund, a participant's interest in the Fund is available once per
quarter. When a participant wishes to redeem their interest in the
Fund, they must request a withdrawal, using a form provided by the
Foundation, no less than ten (10) days prior to the end of any calendar
quarter. Investments in the Money Market Fund may be withdrawn at any
time by giving five (5) days notice.
Click here to down load the form.
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