New Fund Manager
Effective March 8, 2012 the United Methodist Foundation of Santa Rosa funds are invested with the California-Nevada Methodist Foundation with Nelson Capital as the fund manager.
FOUNDATION INVESTMENT IMPROVEMENTS
The Foundation has move its investments to the California-Nevada Methodist Foundation for management by Nelson Capital Management of Palo Alto. As of March 8, 2012 $865,000 was transferred to Nelson. The move has several advanges: lower service cost, better returns over past years, and fund accounting is included.
