Vernon has established a Mission Endowment Fund with the ELCA
Designed specifically for congregations, synods, seminaries and other affiliates of the ELCA, the ELCA Endowment Fund Pooled Trust — Provides a long-term investment fund with distributions to support ministry.
This fund allows for the collective long-term investment of funds belonging to the ELCA and its affiliated ministries. The fund follows, to the extent practical, the ELCA’s guidelines for socially responsible investing, which discourage investments in companies that profit from the production of alcohol, military weapons and pornography, for example. Instead, the fund seeks positive social investments, directing capital to positive markets, such as community development and renewable energy.
Participants retain ownership of funds, receive quarterly statements.
For more information, email the ELCA Foundation to receive a Confidential Disclosure Statement. You can participate with an initial investment of $25,000 and subsequent deposits of $2,000 or more.
For more information please click the link: www.elca.org/Give/ELCA-Foundation/Endowment-Investing