Community of Christ
World Church Affiliate Investment Pool
Investment Policy for Congregations and
Field Jurisdictions
INTRODUCTION
The church provides a method for congregations and
jurisdictions to invest reserve funds and other types of funds called the
Affiliate Investment Pool. This pool is combined with the World Churchs
endowment and reserve funds to create a portfolio that is professionally managed
under the direction of the Presiding Bishopric with assistance from the World
Church Investment Committee.
POLICY
The World Church, in conjunction with its insurance carrier,
is committed to the secure and appropriate handling of church funds. All
congregations and field jurisdictions with total cash and investments over
$100,000 shall place these funds in one of the investment options of the
Affiliate Investment Pool.
Exceptions to this policy must be approved by the Fiscal
Services office.
PROCEDURE
Information about the Affiliate Investment Pool, including
instructions on how to open an account, can be obtained from the Fiscal Services
office at 1-800-825-2806, ext. 1381 or fiscalservices@CofChrist.org.
Effective: 9/1/02
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