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Endowment Fund Pooled Trust historic milestone

Article 6, March 2014 - Issue 33

The ELCA Endowment Fund Pooled Trust, Fund A, reached a new milestone on Oct. 31, 2013, with $500 million in total market value. These assets represent 41 synods, 566 congregations and 144 related ministries. Fund A is a commingled fund made available through the ELCA Foundation to eligible ELCA entities interested in professional investment management for their mission endowment funds. >More‚Äč