How exactly are we using your donation?
Our goal is to be as risk-averse, simple and sustainable as possible…
Assuming we began with $1M dollars, this money would be put into an investment within our Fidelity account.
The investment is called BIL, and tracks the 1-3 Month U.S. Treasury Bill Index. In simpler terms, its very safe, backed by the US government and currently returns ~4.5%
Assuming that $1M dollars generates 4% in return, that would give Poured Out an additional $40,000 in addition to the $1M they still have.
That $40,000 is what will be used to pay for flights, meals and the general expenses of sending people to the mission field. The $1M will simply be re-invested into the BIL along with any other funds raised in this year.
This process will continue for generations. Your donation will always remain invested in the safest investment possible to continually fund those who might go and serve the world’s neediest as Christ.
What is the BIL?
The BIL investment currently will make 4.69% over the course of a year. This less the cost of owning the security equals a net return of 4.55% annually.
4.69% - 0.1356% = 4.55% return
The BIL is short-term, which means it is lower volatility and thus safer
The BIL is comprised of very high quality, US Treasury bills, which also contributes to the investment’s reliability and safety
