What are the advantages of placing a parishs endowment and other funds for management through The Combined Fund?
A. Through the dedicated services of trustees and committee members from churches in our own diocese, all parishes are assured of vital commonalities of interests, needs, goals, and resources. Besides the retention of top professional management that we can obtain through the pooling of our funds, The Combined Fund gains savings and technical advantages that would not otherwise be available to individual churches. True diversification is achieved by asset categories, industry sectors, mutual funds, and individual stocks well beyond the capacity of any one churchs endowment. The Fund thus assures protection against undue risks, including possible occasional exposures to neglect or incompetence that might occur at the parish level. The diocesan approach brings continuity and community wisdom to a function otherwise characterized by changes of decision makers and direction.
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