MissionFuture4Kidz
A MissionFuture4KIDZ investment can be purchased by adults for kids aged 16 and younger. It makes an ideal baptismal, graduation, birthday or Christmas gift for a child or grandchild. MissionFuture4KIDZ investments are a great way to set aside money for college or other needs and teach children good stewardship and money management while connecting them to the life of the church.
Many ELCA congregations purchase MissionFuture4KIDZ investments for children at their baptisms. Congregations have found this investment to be an effective way to invest in the future of young people and, at the same time, help advance the mission and ministry of the church. Once the investment has been purchased, a custodian -- usually a child's parent or guardian -- is responsible for the investment. The investment matures on a minor's 18th birthday.
The minimum initial investment is $50. Principal additions of at least $25 may be made at any time. Interest is added to the principal quarterly.
Mission Investment Fund investments are subject to certain risks. See "Risk Factors" following the introduction in the Offering Circular. MIF investments are not bank accounts. As securities issued by a non-profit institution, the investments are not insured by the FDIC, SIPC or any other federal or state regulatory agency. The securities are sold only by means of the Offering Circular. This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein.