Investments
The Foundation offers investment options your church can utilize for its savings, reserve, designated, or endowment accounts. We can provide these typically at no additional cost to your church. Whether your church needs to earn interest on cash reserves, invest your endowment to maximize income available for ministry, or anything in-between, we have an option to fit most needs.
Investment Management
Demand Cash Fund
Demand Cash Fund (DCF) can be a great option for your church’s savings or reserve funds. The assets in DCF are invested in a manner where they are covered up to any amount by the Federal Deposit Insurance Corporation (FDIC) or are obligations of the United States Treasury. Unit price is fixed at $1 per share, and there are no time limits, withdrawal limits, minimums or penalties. Currently, DCF has an annual yield of 4.38%, compounded weekly.
- Weekly liquidity
- No minimum balance
- No maturity date
- No withdrawal limits or fees
Spending Plan Fund
Spending Plan Fund (SPF) seeks total return while distributing a pre-determined annual percentage (the “spending rate”) as set by ABF’s board. It is ideal for scholarships or endowments where the intent is for income to be used to fund ministry, and principal is to remain untouched. Currently the SPF annual distribution rate is 5% of the previous 20 quarter average unit value.
Other Funds
ABF offers a menu of other common funds. These are available to your church if a custom allocation is desired. Please see our Disclosure Statement below for more information.