Hindsight on 2020: MMFA’s Impact Statement

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“It was the best of times, it was the worst of times,” to borrow an opening phrase from Charles Dickens. Moravians met a challenging year with grace, creativity, generosity, and love. And the Moravian Ministries Foundation in America was honored to be part of it. Amid a pandemic, more of us invested together, established new accounts and funds, made record distributions to ministry, made our first-ever grants to congregations and agencies, and took giving and stewardship online. Amazing!

As of 12/31/2020 Moravians have $184,070,246 under investment through MMFA. It’s the largest amount in the foundation’s 23-year history. These assets represent your collective endowments, trusts, scholarship funds, donor advised funds, gift annuities, pensions and various other investment accounts — all invested for the glory and furtherment of the kingdom of our Chief Elder, Jesus Christ.

MMFA oversaw $8,418,378.72 in distributions for 2020 represented by the pie chart.  When looking at MMFA’s controlled funds, our foundation stewarded $679,454.67 in distributions to ministry for 2020.

And there’s more good news: Studies predict that fundraising and philanthropy will continue to grow.

Click here to view the full Impact Statement for 2020

Chris Spaugh

About the Author:

Chris joined the Moravian Ministries Foundation on June 1, 2017 as President. A lifelong resident of North Carolina, Chris spent 22 years in increasing positions of responsibility at Wells Fargo Bank NA, and its predecessor, Wachovia Bank. He is a passionate leader of relationship-driven philanthropy in the areas of charitable giving and financial solutions. Chris has vast experience with visionary leadership, staff management, nonprofit governance, financial management/oversight, client service, partnership-building and strategic planning.
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