Who can use the WMU Foundation investment management services?

Any state, regional, or local WMU organization

Baptist churches, church ministries, Baptist state or regional groups or conventions, Baptist educational or missionary organizations

Any nonprofit, charity, or ministry that partners with Woman’s Missionary Union or the WMU Foundation

How much money do you need to use the WMU Foundation investment management services?

The WMU Foundation accepts accounts of $10,000 or more. We anticipate that the funds will be committed for investment for three years or longer.

How much does it cost?

The WMU Foundation offers cost-effective investment management to all clients for a tiered management fee starting at 1% of your account’s total value. There are no additional fees for additional sub-accounts, online access, reports or customer service. See our tiered fee schedule below for more details.

These fees cover:

Investment management

Investment performance reporting

Account and sub-account reporting

Transfers to and from accounts

Distributions (checks) from accounts

Secure online access to your account information

Statements are produced monthly and annually. There is no additional charge based on the number of sub-accounts, distributions by check or for transfers of assets to or from the accounts.

All fees are assessed in arrears on a monthly basis, based on the market value of the funds on the last day of the month.

Tiered Fee Schedule

Market Value  |  Annual Fee 

$0 – $2,500,000  |  1.0%   $10 per thousand

$2,500,001 – $10,000,000  |  0.8%   $8 per thousand

$10,000,001+  |  0.7%   $7 per thousand

How will our funds be invested?

Our trust management partner is Synovus Trust Company. They manage all of our investments as specified in our Investment Policy Statement. You can interact with Synovus quarterly via conference calls where you can ask questions. We offer a variety of allocation models to meet your specific needs. The WMU Foundation Investment Committee monitors the performance of these models and makes adjustments as market conditions indicate.

To the extent possible, the WMU Foundation does not invest in companies that exploit human vulnerability such as adult entertainment (producers or providers), alcohol, tobacco, gambling, or abortion as a means of birth control.

Can you keep accounts separated for funds with specific purposes?

Yes, you can have separate account statements and reports for each sub-account that you designate. These can be invested in different asset allocation models as needed.

How do you decide how to invest?

You should select an allocation model based on your income needs, the life span of the fund you’re investing, and your tolerance for risk. We are available to consult with you on this selection and will provide as much information as we can. But, the final decision is up to you.

Can you add more money?

Yes, you can add funds to existing accounts or create new accounts at any time.

Can we get our money back?

Yes. We report this money as “Assets Held for Others”. You retain total control and “ownership” of the money. You are free to make withdrawals at any time and you can close your account with us by giving a 30-day notice. Please understand that it may be harmful to invest in the market for short periods of time due to the potential for short-term fluctuation.