DEVELOPMENT

This committee invests church funds (including endowment, designated and operating funds) as both stewards of God’s gifts and as a financial fiduciary. The primary investment objective is to preserve and prudently grow the financial assets of the Church by earning a return, which corresponds to each fund’s objectives, time horizon, liquidity needs and risk tolerance.

The department account gets its financial resources from the on-going KACC project, special fundraiser occasions such as Dinner, grants from project proposals etc.