Investment

The investment team shall regularly meet on a quarterly basis following the publication of quarterly reports from financial institutions. The investment team shall identify the financial assets of the church that fall into the category of what has been called the church’s “nest egg”. The investment team shall oversee the “Housing Allowance Fund” and make a report on its performance to the Church Council, following their quarterly meeting.

The investment team shall be responsible for keeping the signatures of all “nest egg” assets current so that they relate to the January election of the executive team by the Church Council. The team shall develop a short and long-term investment strategy for the church’s “nest egg” for approval by the Church Council. The investment team shall review the short and long-term investment strategy on a quarterly basis and make recommendations to the Church Council. The investment team shall submit a written report to the congregation at its annual meeting in February of each year. It shall advise on the Endowment Fund.

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