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FinanceMarketWatch.com - Top StoriesQuentin Fottrell

Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

Our church has a $1.5 million bequest earning 3.75% in a bank account. Is inflation eroding it?

At a glance

“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.”

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“Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.”

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