As of 12/31/2020 Moravians have $184,070,246 under investment through MMFA. It’s the largest amount in the foundation’s 22-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.
When considering the $8.4M that flowed out of MMFA in 2020, 59% of these distributions were issued to Moravian congregations or provinces in the United States to support the ongoing work of individual, local churches directly through the church or province. Global mission work received 10% of the funds. These gifts funded mostly Moravian global ministries through the Board of World Mission, Unity Women’s Desk, Armando Rusindo Ministry Foundation, and others.