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Trust Management | ||
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6% Interest Church of God Foundation "Stable, Predictable, Reliable" The Executive Committee of the Church of God has authorized the formation of the Church of God Foundation (Foundation). This non-profit corporation will be responsible for assisting local churches and their people in Estate and Financial Planning and Trust Services. The Foundation will, also, lend money to local churches as they grow. The President of the Foundation is Al Taylor who, also, serves as Director of the Department of Stewardship Ministries. Ken Davis, Vice-President of the Foundation, Assistant Director of Stewardship and an attorney, summarizes in this article the advantages of the Church of God Foundation Fixed-Rate Income Revocable Trust and The Church of God Foundation Charitable Gift Annuities. CHURCH OF GOD FOUNDATION FIXED-RATE INCOME REVOCABLE TRUST Diversification Have you been frustrated by the instability of the stock market? Have your mutual funds been a disappointment? The Church of God Foundation Fixed-Rate Income Revocable Trust is designed for the individual seeking stability in a volatile investment world. You can build a secure portfolio of varying maturities that allows you easy access to your funds. The Fixed-rate Revocable Trust provides a wonderful way to secure fixed-income, plan for your future, and bring balance to your portfolio. Financial advisors often recommend a mix of stocks, bonds and cash for a balanced portfolio. With Fixed-Rate Revocable Trusts you know what you will earn. The rate of interest earned does not fluctuate; it is stable. The predictable rate of return will provide you with a reliable means of balancing your portfolio. Freedom of Choice You can lock in a competitive interest rate over a period of time. Fixed-Rate Revocable Trusts are available with your choice of yearly terms as long as three years, and with a minimum investment of $10,000.00. Your interest will be mailed directly to you each quarter. Deal Directly With the Church of God Foundation You deal directly with the Foundation. There are no fees or commissions. We make it easy. Contact the Foundation for an application and mail the application in with your check. If you have questions, visit our website at www.cogfoundation.cc. You can, also, call us at 423-478-7179. Convenience The Foundation will send you a reminder before the maturity date of your Fixed-Rate Revocable Trust giving you the option of taking payment of your principal or simply renewing your trust. The proceeds from the Fixed-Rate Revocable Trusts are used to loan money to local Churches of God. The loans are secured by the real estate of the local church. The Fixed-Rate Revocable Trusts are direct, unsecured obligations of the Church of God Foundation. The trusts are not issued by a bank and are not insured by the FDIC or any other entity. |