Legacy Ministry
Mountain Shadows Presbyterian Church
November 2009
Consistent with the Mountain Shadows Legacy Ministry Operating Plan, this Statement of Investment Policies and Guidelines, developed by the Legacy Ministry Board, was approved by the Session of Mountain Shadows Presbyterian Church on the ______ day of ___________________, 2009.
Signed: _____________________________
Clerk of Session
Legacy Ministry Operating Plan
Mountain Shadows Presbyterian Church
Mountain Shadows Presbyterian Church of Tucson, Arizona, concerned about the broader mission of the Church and this congregation, has established a planned gifting program, by action of the Session on November 19th, 2009, known as the Mountain Shadows Legacy Ministry.
Exhibit II
First Presbyterian Church
Endowment Investment Policy
January 1, 2003
Purpose
The purpose of this Policy is to set forth principles and guidelines for investing the church’s endowment fund (the “Fund”) in order to achieve the following goals:
Maintain proper balance between the objectives of long term growth and income, with appropriate safety of principal.
Enable the maximum amount of spending that can be maintained, long term, without reduction of inflation-adjusted purchasing power.
Christian stewardship is an awareness that everything we have is a gift from God. We are absolute owners of nothing; rather, we are stewards of all we receive and we must use such resources responsibly in our life-long work of service in the Kingdom of God. Stewardship heightens an awareness of responsibilities in the matters of material concern no less than in spiritual endeavors.
Investment Policy and Guidelines, Asset Allocation