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Richard - Bizlaw
Richard - Bizlaw, Attorney
Category: Legal
Satisfied Customers: 10640
Experience:  30 years experience corporate, litigation, international
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can a church with a 501c3 invest if so are there any restrictions

Customer Question

can a church with a 501c3 invest? if so are there any restrictions as to what they can invest in and with whom?
Submitted: 8 years ago.
Category: Legal
Expert:  Richard - Bizlaw replied 8 years ago.
What is the type of investment to be made?
Customer: replied 8 years ago.

An investment of church funds with an investment firm.

Expert:  Richard - Bizlaw replied 8 years ago.
Yes you can make this type of investment. In terms the nature of the investments, that is governed by the church's governing documents. If they are silent youo can restrict the investments to things trust funds can invest in which is high quality bonds, large capitalization stocks, etc. The goal should be income and preservation of capital and not highly speculative investments.

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