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.
“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.
I am delighted to provide you with important information about the Moravian Common Fund.
To begin, the last couple of months have been frustrating for all investors. The international markets have been disappointing, interest rates remain at record lows, and small caps have proven to be challenging. However, sometimes it is helpful to look at the long term since, for the Church, investing is a long-term process.
Since 1997 the Moravian Ministries Foundation has been helping individuals who want to support their churches and favorite ministries through gifts from their wills and via other forms of “planned giving”. In recent years we have seen growing interest in creating what we call a Mission and Ministry Fund.