✉news WorldReligion first seen 22 h ago, last 5 h ago, peak #6
Church seeks advice on protecting $1.5 million bequest from inflation
Original: Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?
A church holding a $1.5 million bequest in a bank account earning 3.75% is asking whether inflation is eroding the fund's real value. The question, aired via MarketWatch's financial advice column, highlights a common dilemma for religious and nonprofit institutions: whether to keep donated funds in safe but low-yield deposits or seek higher returns that carry more risk.
Why now: Persistent inflation has made low-yield savings accounts a concern for institutions managing large endowments.
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- Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it? · MarketWatch
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