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Jim
Waechter, Vice Moderator, Chairman of the Board of Directors
In October, the Board of Directors voted to lower the NACCC's endowment "drawdown" rate for the FY2018-2019 from 5% to 4.5% with plans to decrease the rate again to 4% for FY2019-2020. This step will help protect the value of our endowments and insure they will be available to support the NACCC Shared Ministries Fund for generations to come.
Please know that if you are leaving a planned gift or bequest, or regularly donate to the NACCC endowment you can feel confident your gift, regardless of size, will help to generate support of the Congregational Way for years to come. (Watch for "drawdown" rate part-two in your December issue)
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On Sunday Oct 29, the United Church of Beloit celebrated their 5th anniversary as UCB, and the 500th anniversary of the Protestant Church.
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Edith Bartley,
Secretary, Board of Governors
The Congregational Foundation (CF) was created in 2003 to raise money for the NACCC. It is managed by a Board of Governors; the NACCC's Executive Director (ED) is also the Foundation's ED. The CF focuses its attention on the development activities of fundraising, marketing, and communications, as well as protects assets by providing a legal barrier (it is a separate corporation). The Director of Development and Communication manages the development and fundraising activities of the Foundation on behalf of the NACCC. The CF through the Congregational Investment Trust committee, manages the funds which have been entrusted to it, but all decisions on the use of the contributions are made by the NACCC, consistent with any donor stipulations.
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On October 29th, Duluth Congregational Church, Duluth, MN, presented
Carolyn Sundquist, on behalf of the Board of Governors, of the Congregational Foundation (CF), with a special plaque acknowledging her many years of leadership service to the CF and NACCC.
Mayflower Congregational Church, Lansing, MI, held an Installation Service for Rev. Mark McCormick on October 22nd.
Congratulations to First Congregational Church, Barkhamsted, CT. The church has been given preliminary approval for a
$50,000 grant from the State of Connecticut, from their "Connecticut Historic Restoration Fund".
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HAPPY THANKSGIVING
Submissions for the December issue are due by:
November
20, 2017.
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National Association of Congregational Christian Churches
8473 South Howell Avenue
Oak Creek, Wisconsin 53154
800-262-1620 ext. 1615
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