| The Moravian Common Fund has been in existence since 1998. It serves as the Moravian Church's recommended investment management program for local churches, Provincial agencies in the Southern and Northern Provinces, and Interprovincial agencies. As of December 31, 2009, approximately $72,500,000 in endowments and permanent funds were invested in the Common Fund. The Common Fund gives more control to the people who are responsible for the churches’ and agencies’ funds – without all the headaches. We believe that this is why it has grown so fast and is so popular. Current investors in the Common Fund find these services and features very helpful. We think your church or ministry will, too!
The investment manager of the Moravian Common Fund is TIAA-CREF Trust Company, FSB (TIAA-CREF). TIAA-CREF brings almost 100 years of investment experience to the Common Fund. Originally created by a grant from the Carnegie Foundation as a retirement plan for educators, TIAA-CREF has grown into a multi-faceted institutional and retirement plan investment company with assets of almost $300 billion currently under management. TIAA-CREF also ranks very high in customer satisfaction and business ethics, which are very important to the Church and MMFA.
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