We are one in the
of mutuality The ministries that Church of the Brethren Benefit Trust provides to the denomination â€” a dependable pension plan, a time-tested asset management program, and an array of insurance products â€” are offered not for profit but as a service to the Church of the Brethren.
hether our members
work in sanctuaries, offices, or nursing stations, one thing is certain — We’re all in this together. The concept of mutuality that is at the heart of the Church of the Brethren is also the guiding principle behind the way
your hand when unexpected events
Brethren Benefit Trust serves its
transform your way of life.
members and clients. We want to celebrate with you when your
We are one community bound by God’s
investment earnings are outpacing
love and grace. Thank you for placing
benchmarks, and we want to hold
your trust in us.
of learning BBT is a financial institution, but it’s faith-based. And it’s Brethren, so we know it has core values like
what we would expect from a
Brethren agency. That’s important to us. Craig Coble, member of Elizabethtown (Pa.) Church of the Brethren
”Like good stewards of the manifold
“People who are struggling with
grace of God, serve one another
financial issues can get some tools they
with whatever gift each of you has
can apply to their lives through these
received.” 1 Peter 4:10 is clear about
sessions,” said Craig Coble, a member
the responsibility we have to share our
of Elizabethtown (Pa.) Church of the
talents with one another. That is why
Brethren, who has organized several
BBT is committed to offering a variety
sessions with BBT staff at his church.
of workshops that allow experts on BBT’s staff to help members and clients
“Plus, several members of this
transform their financial futures.
church are interested in helping others with financial guidance and stewardship. BBT’s workshops can give them the tools they need to accomplish that goal.”
Workshops BBT offers a number of customizable, free workshops to congregations, retirement communities, and other Brethren-affiliated organizations. Topics include personal and congregational finance, planned giving, retirement planning, long-term care, and more. Visit BBT’s website to request a free workshop.
of opportunity My retirement funds are managed by people who are followers of Christ and
good stewards of the resources of the church. That allows me to focus my worry on parishioners instead. Dan Rudy, pastor of Ninth Street (Roanoke, Va.) Church of the Brethren
“My mentors and fellow pastors said, ‘Daniel, you’d be a fool to not get involved with it.’” Dan’s no fool — he contributes 4 percent of his salary to his Pension Plan account
Even though he’s only 25 years old,
and his church contributes 11 percent
the new pastor at Ninth Street (Roanoke,
of his salary, as recommended by Annual
Va.) Church of the Brethren is making
retirement savings a high priority. Dan Rudy chose to become a member of
“If I start considering retirement as
Brethren Pension Plan after learning
something important now, I won’t feel like
about it through BBT visits to Bethany
I have to scramble at 45 or 50 years old
Seminary, where he earned his Master
when retirement is 10-15 years away and
of Divinity degree in 2011.
I’ve got nothing,” said Dan.
Church Workers’ Assistance Plan Churches and district offices contribute the equivalent of 1 percent of their employees' salaries to the Church Workers’ Assistance Plan, a BBT ministry that assists current and retired church employees who have critical financial needs.
of empowerment Brethren Foundation is part
of the wider church, which keeps everything within the denomination. Thereâ€™s built-in trust there already. Nate Polzin, interim District Executive, Michigan District
Growing funds to grow new church
In December, Brethren Foundation staff
starts — that was one of the goals of the
proposed a path for investing the savings to
Church of the Brethren’s Michigan District.
a Michigan District committee charged with
While the CDs and checking accounts their
managing a pool of district-wide funds.
goal-driven Tactical Funds that are
that they could get better returns using
“I’d heard of BFI, but I thought it was
and churches with diversified
other investment options.
mainly about helping people plan estates
funds were in had been reliable, they knew
In 2012, BFI launched five designed to provide organizations investment options that offer
and charitable giving,” said Nate.
actively managed allocations to
said interim Michigan District Executive Nate
That committee chose BFI as its asset
available to organizational clients
Polzin. “We had to get our heads around
manager because of BFI’s performance
the idea of being open to investing. What
history, socially responsible investing
helped a lot of us get there was knowing
initiatives, competitive fee structure, and
that Brethren are doing this for a living.”
Church of the Brethren identity.
“We were leery because of the stock market,”
serve their specific needs. These are for an additional management fee.
of renewal I have had to make use of many kinds of insurance at points in my life. Insurance can provide peace of mind and time to take care of things. Dawn Ziegler, member of Sebring (Fla.) Church of the Brethren
When Dale Ziegler was killed while riding his
Ancillary Insurance Products
motorcycle to Church of the Brethren Annual
“We had our first child in 1988 and felt it
Conference in 1994, he left behind his wife,
was important to have insurance in case
Dawn, and three children. Amidst the tragedy of
something happened,” said Dawn.
provides dental, vision, short-
Dawn also needed to move her family out of
Her life insurance benefit through Brethren
and accidental death and
their house — Dale was the youth pastor at Union
Benefit Trust provided the down payment on
Center (Nappanee, Ind.) Church of the Brethren,
a new house in Sebring, Fla., near her family,
and the Zieglers were living in the parsonage.
where she raised her children and continues to
losing her husband and the father of her children,
live. Her payout was even doubled because of
Brethren Insurance Services and long-term disability, life, dismemberment insurance
coverage for pastors and other employees of Brethren-affiliated congregations and organizations.
the accidental nature of Dale’s death.
Long-Term Care Insurance is also
Insurance Services as part of Dale’s pastoral
“BBT did a good job,” said Dawn. “They took
employees and members, as
care of things and helped me.”
Fortunately, Dawn and Dale had decided to invest in life insurance through Brethren
offered to all Church of the Brethren well as their families and friends.
of transformation One thing that mattered to us was BFI’s
socially responsible investments. It’s
important to know that our money is going places that are in keeping with the faith position of the church. Nate Polzin, interim District Executive, Michigan District
How can a small, socially conscious
In August 2011, energy company
church denomination use its strength
ConocoPhillips announced that it
and its values to improve the corporate
revised its Human Rights Position to
policies of major multinational
specifically address and honor the
companies? Through its dollars.
rights of indigenous peoples. This announcement came after years of
Investing in a socially responsible
related dialog and meetings among the
manner is a principle that this
company, BBT, Boston Common Asset
ministry has followed for decades.
Management, and other stakeholders.
Clients’ and members’ voices are heard loudly and clearly by the
The SRI ministry shapes more than
companies in which their money is
companies — it shapes lives. The
invested through BBT.
Community Development Investment
FINCA / Calvert Foundation
Fund offers members and clients the opportunity to provide loans in the areas of community development, affordable housing, microcredit, and small business development through Calvert Foundation. Member and client dollars speak volumes in the way they are not invested, too. Companies that work against Brethren values are screened out of BBT's actively managed funds.
Where my money goes says something about what I believe in. â€˜Where your treasure
is, there your heart will be also.â€™ For me, I take very
seriously the importance of having my treasures invested in socially responsible ways. Dan Rudy, pastor at Ninth Street (Roanoke, Va.) Church of the Brethren
About our ministries Pension
benchmarks, including stock, bond,
Brethren Pension Plan is a 403(b)(9) defined
short-term, and alternatives funds; a
contribution plan that serves more than 4,750
community development investment fund;
current and former employees of congregations
and five new goal-driven tactical funds.
and denominational organizations. Every month, approximately 1,650 annuitants receive
a monthly benefit from the Plan.
Brethren Insurance Services provides ancillary plans for pastors and other employees of
Church of the Brethren congregations, districts,
Brethren Foundation manages the assets
and camps. Medical and ancillary plans are
of nearly 200 congregations and other
available to Brethren-affiliated employer
organizations and the deferred gifts of Church
groups. Long-Term Care Insurance is offered
of the Brethren members. BFI offers 21 fund
to all Church of the Brethren employees and
choices that are competitive with industry
members, as well as their families and friends.
Foundation Funds (amount in millions)
Pension Funds (amount in millions)
$138.0 million under management as of Dec. 31, 2011
$286.66 million under management as of Dec. 31, 2011
Charitable Stock $2.84m Charitable Bond $3.89m
Irrevocable $0.10m Pooled $0.10m Domestic Equity
Equities and Fixed Income $72.58m
Equities and Fixed Income $30.70m
Domestic Equity $70.06m
CDIF $0.47m Real Assets $0.51m
Fixed Income $15.23m
International $10.59m CDIF $0.30m Real Assets $0.01m Gift Annuities $2.94m Short-Term $5.80m
Fixed Income $41.42m
We are one in the
1505 Dundee Ave., Elgin, IL 60120 800-746-1505 â€˘ www.brethrenbenefittrust.org