Investing

Through the Foundation's Joint Investment Trust, congregations, ministries and institutions affiliated with the Christian Church (Disciples of Christ) can participate in the same investment program the Foundation uses for its permanent funds. The Trust does NOT accept deposits from individuals or from organizations that are not affiliated with the Christian Church (Disciples of Christ).

The Joint Investment Trust has 4 pooled funds, each with its own investment strategy and goal. Overall, the Joint Investment Trust has a two-fold goal:
  • Protect the original buying power of the gift over time and
  • Provide dollars for current ministry.

The Foundation uses a highly sophisticated and well diversified investment strategy, using various asset classes. By pooling together the church's money in the Joint Investment Trust, participating ministries have access to specialized institutional investment managers who otherwise would not be available.

The Foundation also can help church ministries retain documents regarding donor-restricted endowment gift restrictions. When provided by the ministry, the Foundation can document restrictions, retain donor bequest language and maintain available history on the original gift -- which can be helpful service since committees and leaders of ministries change, making it difficult to keep track of these essential documents.

The Joint Investment Trust is designed for long-term investing, for periods of at least 5 years. The Foundation does not provide investment services for individuals.

Learn why Disciples Seminary Foundation chose the Christian Church Foundation's investment program:

For those invested with the Christian Church Foundation

Current Investor Login

JIT Income Rates Effective Jan. 1, 2017

At its April meeting, the Foundation’s Board of Directors reviewed the 10- to 15-year forward-looking market and inflation projections as a basis for setting the Income rates that will be used for Foundation-controlled funds for the coming year.  This review is eight months before the new rates become effective so that ministries that choose to use these rates can budget for these changes.

Beginning January 1, 2017, the defined Income rates for the Joint Investment Trust will be as follows:
  • Campbell Multi-Strategy Fund: 4.25%
  • Beasley Growth Fund: 4.0%
  • Common Balanced Fund: 3.75%
  • Brown Income Fund: 2.5%
The defined Income percentage is just a part of the total earnings expected for each investment fund, with the remainder retained to allow for inflation-protected growth. Having a defined, objective Income rate helps achieve the Foundation’s dual goals of maximum distributions for ministry and inflation-adjusted long-term growth in the funds under management.

Mindful of our responsibilities to protect and grow the original gifts made by our donors, the Foundation considers both projected market returns and the historical performance of each fund.  Because all of the factors considered are long-term estimates, changes to the income rates are infrequent. The last change of this significance occurred in 2004.

Many investors have considerable flexibility in determining whether to use the Income rates defined by the Foundation or to adopt a methodology that is set by their governing board. This change will affect distributions from permanent funds owned by the Foundation and also those partner investment accounts that have chosen to receive distributions based on the defined Income rate. The objective of the rate reduction is to preserve a dependable stream of income for those ministries that are dependent on endowment revenue.