The Numbers Make the Case
ACEF has generally outperformed the market and has provided growth and stability to individual parishes and other Church-related institutions:
Since 1Q 1999, ACEF’s returns have outperfomed the market as well as our benchmark (as of December 31, 2010):
S&P 500 1.6%
Income to parishes
If you are one of the parishes in our community who had a $1 million endowment fund in 2000, the following chart shows what you received in income from that endowment through 2010.
The total income from these endowments honors the wishes of individual donors, and also represents a very significant contribution toward the annual operating costs of your parish. Remember, a parish’s total endowment may be made up of various individual, named endowments.