Congregational Investment Trust (CIT) – Investment Opportunity

nacccadmin — Thu, 12 Jan 2023 17:37:55 +0000

The Congregational Investment Trust (CIT) is a non-profit 501(c)(3) entity established as an endowment investment option for member churches. Because endowment gifts are long-term, these funds are invested to preserve the purchasing power of gifts made using a diversified portfolio of stocks, bonds, and alternative investments. The CIT’s target asset allocation is 65% stocks and 35% fixed income. Because principal values will fluctuate, the CIT is not suitable as a short-term investment vehicle. However, it is ideally suited as a long-term investment vehicle for church endowments.

Churches that participate in the CIT have access to funds either by written request or by setting up regular distributions. Churches can have a separate account balance for each fund it wishes to establish. An opening balance of $2,500 is required for each account with a minimum balance of $1,000 thereafter. Quarterly statements are issued to each church reporting their funds’ beginning balances, additions or withdrawals, net earnings and ending balances. All fees and expenses are charged against the aggregate earnings of the CIT and are therefore shared proportionately by all accounts. These funds are managed by Vanguard Institutional Advisory Services.

By becoming part of an investment pool with other churches you increase your investment return potential as well as the potential to lower investment fees. These funds are managed by Vanguard Institutional Advisory Services and is overseen by the National Association’s and the Congregational Foundation’s CIT Oversight Committee.

To participate in the Congregational Investment Trust a church must adopt the Congregational Investment Trust Adoption Agreement and execute the Account Authorization Form.

Congregational Investment Trust members seeking to deposit funds into the Congregational Investment Trust, should mail their deposit along with a completed CIT Deposit Form directly to:

Nottingham Trust
PO Box 690
126-130 South Street
Olean, NY 14760

Do not send deposits or CIT Deposit Forms to the NA office; please send them directly to Nottingham Trust.

Click to read CIT Brochure online

Account Authorization

Notice of Withdrawal

Investment Policy

CIT Deposit Form

Vanguard March Update: Market Perspectives, Ukraine, and Fixed Income Perspectives

Tracy Bernhardt — Fri, 04 Mar 2022 16:59:29 +0000

Market Perspectives: March 2022

Following the economic effects of the Omicron variant, we have downgraded our full-year 2022 U.S. growth from around 4.0% to around 3.5%.
More important than the number of hikes in 2022 is the Fed’s eventual terminal rate, which Vanguard believes will need to be around 3%.
In our base case, Vanguard foresees inflation peaking in the first half of 2022, though we expect core inflation to persist above 3% through 2022.

Ukraine and the changing market environment

With geopolitical tensions such as the conflict between Russia and Ukraine, investors often ask whether a link exists between current events and financial market performance. However, when we examined major geopolitical events over the past 60 years, we found that while equity markets often reacted negatively to the initial news, geopolitical sell-offs were typically short-lived.

Active Fixed Income Perspectives: Q1 2022

The latest issue of Vanguard Active Fixed Income Perspectives provides a sector-by-sector breakdown of activity in the U.S. and global fixed income markets, as well as the implications going forward for Vanguard’s active fixed income lineup. In this issue, we assess where interest rates are going in 2022 and explain why we believe fortune favors the disciplined.

Congregational Investment Trust – National Association of Congregational Christian Churches

Congregational Investment Trust (CIT) – Investment Opportunity

2025 PERFORMANCE RESULTS

2024 PERFORMANCE RESULTS

2023 PERFORMANCE RESULTS

2022 PERFORMANCE RESULTS

Congregational Investment Trust Meeting Minutes

Vanguard March Update: Market Perspectives, Ukraine, and Fixed Income Perspectives