May 4, 2026
Foundation Board Celebrates Lori Lucas; Announces 2027 Income Rates; and Makes Important Enhancements to its Long-Term Investment Program
Foundation Board Celebrates Lori Lucas; Announces 2027 Income Rates; and Makes Important Enhancements to its Long-Term Investment Program
INDIANAPOLIS, May 4, 2026. The Board of Directors of the Christian Church Foundation, Inc. (Foundation) gathered in Indianapolis, April 26-28, 2026, to undertake the important work of gathering, stewarding, and distributing dollars for mission.
Celebrating Lori Lucas
A highlight of the Board’s meeting was celebrating the leadership and ministry of Lori Lucas, who retired in February 2026 after nearly 24 years with the Foundation. Lucas began as an assistant vice president of gift administration and accounting in 2002. She later served as assistant vice president of financial operations and personnel; vice president and controller; and senior vice president.
Lucas was responsible for moving the Foundation’s accounting system from modified basis to Generally Accepted Accounting Principles.
She helped create the Foundation’s disaster recovery program, oversaw multiple accounting system changes, implemented the use of donor database software, and shepherded the migration away from a paper filing system.
Colleagues and friends shared light-hearted stories and heart-felt gratitude for Lucas’ compassion, leadership, empathy, financial intellect, excellence, integrity, and enduring love for the Foundation.
She generously poured herself into caring for donors, investment partners, board members, colleagues, and staff – a gift that will have an enduring impact on the Foundation’s culture for years into the future.
2027 Income Rates
The Board approved the 2027 Joint Investment Trust (JIT) Income rates. The Brown Income Fund’s Income rate was increased from 2% to 2.5%, while all other Income rates remain consistent with the 2025 and 2026 rates.
|
2027 JIT Income Rates |
|
| Brown Income Fund | 2.5% |
| Common Balanced Fund | 3.75% |
| Beasley Growth Fund | 4.0% |
| Bostick Select Fund | 4.0% |
| Campbell Multi-Strategy Fund | 4.25% |
Enhancing the JIT
The Board, through its Investment Committee, completed a comprehensive, 12-month review of the Foundation’s Joint Investment Trust (JIT). Building on the investment accomplishments achieved for donor funds, in 1992 the Foundation created the JIT to serve Disciples of Christ ministries by offering a church-based partner for long-term investing. The JIT offers five funds: Brown Income Fund (Brown Fund); Common Balanced Fund (Common Fund); Beasley Growth Fund (Beasley Fund); Bostick Select Fund (Bostick Fund); and Campbell Multi-Strategy Fund (Campbell Fund).
Consistent with the Foundation’s mission to provide partner ministries long-term investment options, the Investment Committee brought forth a plan, approved by the full board, which will clarify each Fund’s objectives, risk and return profile, and asset mix to achieve the stated objective.
In reviewing the JIT’s range of risk profiles, the Investment Committee believed a fund offering a moderate-conservative asset allocation provided better alignment with the long-term investment philosophy of the JIT and complemented the remaining funds, creating three core risk/return profiles – moderate-conservative, moderate, and moderate-aggressive. Therefore, over the next five months, the Brown Income Fund will be transitioned from a conservative asset allocation to a moderate-conservative asset allocation. The Foundation’s Investment team and Zone Officers will be available to discuss how the Brown Fund will enhance the long-term investment choices for our partner ministries.
“By engaging the Investment Committee in this study, we have developed a framework for continued success in the years to come,” said Matt Rosine, Foundation president.
The risk and return profiles for the Common Fund, Beasley Fund, Bostick Fund, and Campbell Fund remain unchanged. The Bostick Fund continues to offer faith-based social screens and Campbell Fund contains flexible capital.
The approved plan also addresses the desire of some partner investors to better understand how JIT performance compares to external benchmarks. Over the next several months, partner ministries will receive additional details about each Fund’s objective, risk/return profile, and asset allocations prior to the changes taking effect on October 1, 2026.
Other Business
Additionally, the board elected Annabel Santana-Colón to an unexpired term on the board and elected Jacqueline “Jackie” Nesbit to the 2029 class of directors, joining current members who were reelected for an additional term, Raiza Spratt, Shawn Sandoval, Tom Wood, and Kara Foster. Read more about the new members here:
The Board received an unqualified audit that may be viewed here: https://christianchurchfoundation.org/wp-content/uploads/2026/03/2025-Audit-Report.pdf
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