The Investment Committee shall:

  • report to the Board of Finance;
  • be nominated by the Leadership Development Committee with input from the Board of Finance;
  • be responsible for the prudent investment of all funds contained in the Church’s endowment fund, including both restricted and designated funds (whether by the donor or action of the Council), and unrestricted funds;
  • develop an Investment Policy Statement and an Endowment Distribution Plan;
  • review the Investment Policy Statement and Endowment Distribution Plan on an annual basis;
  • have the Investment Policy Statement, and any changes to it, approved by the Board of Finance;
  • have the Endowment Distribution Plan, and any subsequent changes to it, approved by the Board of Finance, Church Council and Governing Body; and
  • keep and maintain separate, distinct and up-to-date records of investment funds.

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