Endowment Ministry
2016 Endowment Fund Annual Report
January 1, 2016 – December 31, 2016
1/1/2016
Thrivent High Yield Fund 20,612.60 4.46 share 4,621.65 shares
12/31/2016
Thrivent High Yield Fund 23,662.00 4.82 share 4,909.13 shares
Additional investment in this fund for2016 not a part of the endowment:
Dollars from two different sources; members as stated in their wills:
20,000
2016 – Gain 1,032.33
Balance 21,032.33
Interest from endowment in Bremer Bank 2,433.31
Total Balance of Endowment 26,095.21
Respectfully submitted,
Jim Pedersen