InvestmentPolicyoftheChristianReformedChurch.docVIP

Our Church Investment Policy Revised ___/___/___ I. Introduction The members of Our Church provide the funds to carry out the mission of the congregation. Therefore, great care and stewardship should be accorded these funds. The purpose of this policy is to set forth the broad guidelines under which the funds of the denomination shall be managed. The investment objectives are: A. To preserve the principal value of funds; B. To earn a reasonable return; C. To invest the funds in a manner which is consistent with the values and ministries of Our Church. The Treasurer shall carry out the investment policy for Our Church. In addition, there shall be periodic reporting to both the Administration Team and the Council of Our Church regarding the investments. Projections for investment returns shall be included in the budget plan of the church. The long-term success of investments will be enhanced by the input and monitoring of this activity by business professionals; therefore, the church Council will appoint two qualified individuals who, along with the Treasurer, will form an Investment Advisory Subcommittee of the Administration Team, and will function as described below. The Investment Advisory Committee shall regularly provide performance reports to the Administration Team and also be accountable to the Council. Initially, the Investment Advisory Committee will meet twice a year. As investment managers are appointed, the Investment Advisory Committee may meet with them annually to review performance. The Investment Advisory Committee will also set and review asset-allocation policy. As various funds for investment are gathered and times change, the Investment Advisory Committee can adapt the policy to current circumstances. The Investment Advisory Committee will report investment results and allocation of funds at least quarterly to the Administration Team and to Council. Once investment guidelines and objectives are set, the use