The Foundation maintains the Core Balanced Account with a typical asset allocation that includes 60% domestic and international equities and 40% fixed income securities. This allows for the pooling of resources to accomplish together what would be difficult for most local churches and agencies to accomplish on their own. This approach makes it possible to diversify investments for greater conservation of capital and to provide ongoing professional attention to market conditions. Distributions from the Core Balanced Account utilize a Total Return Approach.
The Foundation also manages the more recently established Aggressive Account. This account has an asset allocation of 80% domestic and international equities and 20% fixed income securities. Unlike the Core Balanced Account, there are no regular distributions and this account is designed to have a longer investment horizon.
The Foundation also manages the Income and Growth Account. This account has an asset allocation of 20% international and domestic equities and 80% fixed income securities. Like the Aggressive Account, there are no regular distributions and this account is designed to have a shorter investment horizon than the Aggressive Account.
To meet the objectives of these Accounts, as described in full in the investment policy of the Foundation, we work in concert with highly respected investment firms. Following is a current (March 2016) list of these firms.
International Equity Managers
Two valuable consultants aid the Foundation in carrying out our funds management responsibilities.
The Foundation’s Investment Committee monitors the management of Foundation accounts by our Dedicated Investment Office and by any other investment professionals engaged by the Foundation.
Working in combination with these professional firms enables the Foundation to make the high-quality decisions necessary to assure a successful funds management approach for our clients.
United Methodist Foundation
of Western Pennsylvania
223 Fourth Avenue, Suite 707
Pittsburgh, PA 15222
The Foundation is a ministry established to provide United Methodists with the resources to accomplish collectively more than can be accomplished alone. We act in accordance with our mission statement and a funds management approach that is based on a Biblical, theologically sound form of Christian stewardship.