CCSC has an endowment, and it helps cover some of our operating costs each year. We have a special board who oversees the funds, and today's meeting was the one in which they review the investment strategy to ensure the funds are properly invested.
We have a dedicated group. This year Gordon Arnold, Beth Bruce, Brian Grove, Don Miller, and Frank Wozencraft serve on this board, and they were thorough in analyzing, discussing and determining the best investment strategy, given today's economic climate. They made good decisions today and consistently do so, taking good care of these assets that are so important to the ministry.
Essentially, these assets translate into investments into human lives. For example, while the Endowment Board met, the food pantry next door was open and helping the community:
- We provided food for an elderly woman living on $958/month.
- We helped a mother who works for a major retailer, earning about $1,200/month to provide for her family of four. Her oldest son is currently studying to join the Marines.
- A disabled man came in asking for a new shirt because he only had one: the one he was wearing. He happily found four shirts that fit him.
- And then we helped a man who works for a well-known Houston restaurant who lives with a chronic disease. He was hospitalized last week for a flare-up, but is back at work now. He lives on about $1,000/month.
There were many others who came through the ministry today, at the other food pantry as well as the two employment programs.
These client stories illustrate our mission. And backing up our mission are lots of people serving on committees, overseeing resources, and helping to make decisions that propel the agency forward. Today I'm grateful to the Endowment Board, for their outstanding stewardship of CCSC's assets and commitment to our work.