I would like to begin by thanking Paul McLaughlin for his countless contributions to Moravian Ministries Foundation and for his time and attention to this year’s peer review study. Paul has been a true champion for MMFA and a valuable resource for me as I lead the organization forward. I am proud to say that my first report marks the fifth year Moravian Ministries Foundation’s returns have given us cause for celebration.
Well, 2015 will go down as a strange year for investors. It started off pretty well, fell off later in the year, rebounded off the bottom in October, and then sold off in December. At the end of the day, the Common Fund portfolios ended modestly down for the year. To view the Q4 2015 Common Fund Account Summary, please click here.
The Moravian Ministries Foundation in America, an interprovincial agency of the Northern and Southern Provinces of the Moravian Church in North America, operates an investment and endowment management service called the Moravian Common Fund for the voluntary benefit of churches and agencies. The Common Fund features:
I write this on September 11, 2015, the 11th anniversary of 9/11. I opened Facebook this morning, as I always do after reading my emails, to find a flood of commemorative postings urging us to never forget. The events of that tragic day have become a symbol, evoking the kind of generalized response that phrases like “Remember the Alamo” call forth. When we read them, we think of the big picture – a nation under attack, evil abroad, the fear that we are not safe. But we sometimes forget the individual details and what the experience must have been like for the people who were
“Gratitude is riches, complaint is poverty.” Isn’t that a wonderful quote? It’s attributed to Doris Day. I ran across it while doing a Buzzfeed quiz online, thus proving that you can learn something valuable from even the silliest things.