Endowment funds are long-term funds, and they are appropriately invested in diversified portfolios of varying asset classes based on expectations about how each asset class will perform over the long term – typically, 10 years or more. Asset classes in an endowment portfolio will likely include equities and fixed income, US and international, large caps and small caps, and so on.
Yet in the short term, economic conditions and market forecasts may change. Think of recent events such as Covid and the Ukraine war, as well as stimulus funding, inflation, and interest rate hikes. The upshot – short-term asset class expectations may vary from long-term expectations. In response, some investment managers adjust endowment portfolios over the short term – effectively making tactical decisions – while staying grounded in overarching long-term – or strategic – decisions. This process is intended to add to the return of the portfolio.
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Representatives of the congregation bring the people's offerings of bread and wine, and money or other gifts, to the deacon or celebrant. The people stand while the offerings are presented and placed on the Altar.
Book of Common Prayer p. 361
It’s called the Offertory.
When I was a child, my mother would hand me a quarter to drop in the plate that was passed along the pew, adults would add greenbacks, or maybe a check. We don’t see (or hear) that much anymore. Especially since Covid. Now a lot of folks pay their pledges online. Or in some churches, they use a QR code printed in the bulletin to make an offering. Other churches have a place to put checks on a Sunday morning, but don’t process them forward. Still, the Offertory often includes an anthem sung by a choir. In many churches, there is a hymn sung by the congregation in addition or instead. And in some, The Doxology still rings out.
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A few years into my priesthood, I began to realize how little I knew about the professional lives of my parishioners. Parishioners with flexible professional schedules often came to meet with me at the church building, but I hardly ever went to their offices or workplaces. I had a little more visibility on the work lives of parishioners who donated their professional services to the church, but even that didn’t feel complete or authentic.
So, I started asking people to invite me to visit them on the job, and “Take Your Priest to Work Day” was born. So far, I have visited a farm, a soap factory, a flight simulator, a grain elevator, a cotton gin, an Army Corps of Engineers construction project, and several other places. I have even petted a possum at our local nature center.
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