Special Investment Restrictions A service the Foundation offers Northern Illinois Conference churches and related organizations is the investment management administration of funds. Professional investment management firms have been retained to invest funds placed in the care of the Foundation. Investment oversight is provided by the Investment Committee, a subcommittee of the Board of Directors. Our primary objective is to preserve purchasing power and achieve rates of return exceeding inflation.
Risk control is an important element of the investment strategy.
Our secondary objective is to achieve a balanced return of current income and growth of principal. Four fund managers, representing different investment styles, provide several investment options for churches and agencies. Currently, the Foundation has two equity managers and a fixed income manager and a convertible bond manager. Equity A conservative investment philosophy that stresses adequate diversification, risk minimization by purchasing stock of companies that are financially strong but represent a bargain in the stock market relative to the cost of stock of other companies. This objective is achieved by focusing on large capitalization companies with strong financial characteristics and consistent, predictable records of earnings and growth.