Nebraska Synod Congregational Treasurers Webinar Using the new Mission Investment Fund Financial Services in 2016.

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Presentation transcript:

Nebraska Synod Congregational Treasurers Webinar Using the new Mission Investment Fund Financial Services in 2016

What is the Mission Investment Fund? A financial services ministry of the ELCA Source of financing for building projects Interest-bearing accounts for depositors Over 100 years of service 1.29:1 Asset:Loan ratio Provides grants to ELCA annually from proceeds More information at

What is MIF Synod Financial Services? New ministry of MIF Modeled on Region 1 of ELCA (northwest) Standardized financial services 7 synods in pilot

Benefits to Congregations and Nebraska Synod: Dedicated, specialized financial services Online account access Flexibility for electronic or paper transactions Customer service specialists Cost savings Guaranteed pricing Includes audit Additional resources for mission across ELCA

Sending gifts Checks and paper forms in provided envelopes Electronic (ACH) transfers and online forms Do not send: Cash Gifts for organizations not affiliated with ELCA or Nebraska Synod

End of fiscal year checks: For periods before February 1, 2016: Mail to Synod office in Omaha For periods after February 1, 2016: Mail to new address: Nebraska Synod MIF Synod Financial Services P.O. Box Chicago, IL

Front side (Synod) REMITTANCE: indicate check or ACH Mission Support Other Nebraska Synod ministries Back side (ELCA) World Hunger Disaster Relief Other designated ministries Congregational Remittance Form

Submit ONLY if using electronic transfers (ACH)

Key points to remember: Use the provided envelopes Contact MIF directly with questions Synod Staff are available for additional questions Recording of this presentation available on Synod web site Information available at MIF web site: