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Church Funds Investment

Nineteen churches have bequests and special funds invested with the Foundation. They count on the income and fund growth for both annual budget needs and progress toward long-term goals such as building projects:

St. Francis of the Tetons, Alta	Epiphany, Arco
St. Paul’s, Blackfoot	All Saint’s, Boise
St. Mary’s, Emmett	Trinity, Gooding
Emmanuel, Hailey	The Soup Kitchen, Idaho Falls
Calvary, Jerome	St. Stephen’s, Boise
St. James, Mountain Home	St. James, Payette
Trinity, Pocatello	Christ Church, Shoshone
Ascension, Twin Falls	Redeemer, Salmon
St. Luke's, Idaho Falls	Grace, Nampa
Grace, Glenns Ferry	Diocese of Idaho

A typical church fund of $10,000 placed with the foundation on January 1, 1996, and managed in the Balanced Fund would have had the following results:

Year-end	Distributions During Year	Cumulative Distributions	Fund Balance at Year-end after Distributions	Investment Performance	Distribution Rate
1996	$685	$685	$10,116	8.3%	7%
1997	$755	$1,440	$11,482	23.0%	7%
1998	$828	$2,268	$12,593	16.7%	7%
1999	$872	$3,140	$12,682	9.1%	7%
2000	$776	$3,916	$12,065	2.4%	6%
2001	$664	$4,580	$10,449	(6.9%)	6%
2002	$570	$5,150	$ 8,548	(11.9%)	6%
2003	$439	$5,589	$ 9,701	20.4%	5%
2004	$478	$6,067	$ 9,789	7.2%	5%
2005	$481	$6,548	$ 9,690	5.3%	5%
2006	$485	$7,033	$10,564	10.2%	5%

Church funds accounts function like a bank account: funds can be deposited or withdrawn in any amount at any time to meet church needs.

Church Funds Distribution Rate

To assist churches in receiving more predictable returns on their invested funds, the distribution rate is set by the Board so that the fund will preserve long-term principal measured in inflation- adjusted dollars. The current distribution rate is 5%. Churches may elect to have distributions at this rate, some other rate they prefer, or forgo distributions.

For more information e-mail the IEF Executive Director or call (208) 860-9494