Be the best steward of your ministry resources.
What funds can we have managed?
Funds for reserves, buildings, improvements, programs, pastoral housing, mission, cemeteries, projects, and endowments. All manner of funds are under the Foundation’s management. If you are unsure of the best investment vehicles to meet your unique needs, please give us a call. We would be happy to talk through your specific goals and objectives, and help you make that determination.
How often can we access our funds, and what fees are charged for withdrawals and transfers?
Short answer: Your money is your money. You have access to it whenever you need it, and there are never any fees charged for withdrawals or transfers. We cut checks every Wednesday, and execute ACH transfers on the 15th and 30th of each month.
How many accounts may we open?
There is no limit to the number of accounts you may open. Many clients hold multiple accounts in one or more of our managed funds. Multiple account holders can enjoy consolidated statements.
What does fund management cost?
Administrative fees are based on total managed assets (with equities exposure*). We do not “stack fees” so at each breakpoint, the lower percentage is applied to your entire portfolio:
$1 – $500,000 1.01%
$500,001 – $1,000,000 0.76%
$1,000,001 – $3,000,000 0.66%
*Does not include the Income Only Fund or the UMF Development Fund.