Designed specifically for congregations, synods, seminaries and other affiliates of the ELCA, the ELCA Endowment Fund Pooled Trust Fund A provides a long-term investment fund with distributions to support ministry.
Fund A allows for the collective long-term investment of funds belonging to the ELCA and its affiliated ministries. Fund A follows, to the extent practical, the ELCA’s guidelines for socially responsible investing, which discourage investments in companies that profit from the production of alcohol, military weapons and pornography, for example. Instead, it seeks positive social investments, directing capital to underserved markets, such as community development and renewable energy.
Participants retain ownership of funds, receive quarterly statements and have online access to monthly performance reporting. For more information, email the ELCA Foundation to receive a Confidential Disclosure Statement. You can participate with an initial investment of $25,000 and subsequent deposits of $2,000 or more. Fund A does not charge a fee for withdrawals or for opening or closing an account. However, Fund A does assess a monthly management fee.
Contact your regional gift planner to learn more about how Fund A may encourage and increase ministry opportunities within your congregation and community!