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General Board Of Pension And Health Benefits
Wespath Benefits and Investments (formerly known as General Board of Pension and Health Benefits) is an American non-profit pension agency affiliated with the United Methodist Church. Wespath supervises and administers retirement plans, investment funds, health and welfare benefit plans for active and retired clergy and lay employees of the Church. In accordance with its fiduciary duties, Wespath administers benefit plans and invests using Christian finance principles. , it held approximately $28 billion in assets for over 100,000 participants and over 120 United Methodist-affiliated institutions. History Established in 1908 its current head office is in Glenview, Illinois. Sustainable Investment Wespath follows the ''United Nations Guiding Principles on Business and Human Rights'' for socially responsible investing. It identifies several countries as having "prolonged and systematic patterns of human rights violations," including the Central African Republic, Israel, No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 Trillion (short scale), trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glenview, Illinois
Glenview is a village in Cook County, Illinois, United States, approximately northwest of the Chicago Loop. Per the 2020 census, the population was 48,705. The Village of Glenview is governed by New Trier and Northfield townships. According to the United States Census Bureau, the median household income in Glenview was $134,910 in 2022. History The entire Northfield Township originally was known as the town of Northfield. There were different names for various areas within the community. The Post Office demanded that an official name be selected, whereupon a special meeting of the villagers was called. Various names were suggested such as Rugenville, Glenvarr, Glendale, Glengrove, Glen Hollow, Oak View, and Glenview. The name Glenview won the majority vote on May 7, 1895. The village was incorporated in 1899. Much of the Glenview area remained farmland but after World War II, developers such as Tom Sullivan began to give the township its current suburban appearance. The Park ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Methodist Church
The United Methodist Church (UMC) is a worldwide mainline Protestant Christian denomination, denomination based in the United States, and a major part of Methodism. In the 19th century, its main predecessor, the Methodist Episcopal Church, was a leader in evangelicalism. The present denomination was founded in 1968 in Dallas by union of the Methodist Church (USA), Methodist Church and the Evangelical United Brethren Church. The UMC traces its roots back to the Christian revival, revival movement of John Wesley, John and Charles Wesley in England, as well as the First Great Awakening, Great Awakening in the United States. As such, the church's theological orientation is decidedly Wesleyan theology, Wesleyan. It embraces Christian liturgy, liturgical worship, Holiness movement, holiness, and evangelical elements. The United Methodist Church has a Connectionalism, connectional polity, a typical feature of a number of Methodist denominations. It is organized into Conferences in Meth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retirement Plan
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "Defined benefit pension plan, defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "Retirement plans in the United States, retirement plan" and "Superannuation in Australia, superann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clergy
Clergy are formal leaders within established religions. Their roles and functions vary in different religious traditions, but usually involve presiding over specific rituals and teaching their religion's doctrines and practices. Some of the terms used for individual clergy are clergyman, clergywoman, clergyperson, churchman, cleric, ecclesiastic, and vicegerent while clerk in holy orders has a long history but is rarely used. In Christianity, the specific names and roles of the clergy vary by denomination and there is a wide range of formal and informal clergy positions, including deacons, elders, priests, bishops, cardinals, preachers, pastors, presbyters, ministers, and the pope. In Islam, a religious leader is often known formally or informally as an imam, caliph, qadi, mufti, sheikh, mullah, muezzin, and ulema. In the Jewish tradition, a religious leader is often a rabbi (teacher) or hazzan (cantor). Etymology The word ''cleric'' comes from the ecclesia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christian Finance
Christian finance is a kind of ethical finance following Christian ethics. Although not widely used, the notion of "Christian finance" or "Catholic finance" refers to banking and financial activities which came into existence several centuries ago. Whether the activities of the Knights Templar (12th century), Mounts of Piety (appeared in 1462) or the Apostolic Chamber attached directly to the Vatican, a number of operations of a banking nature (money loan, guarantee) or a financial nature (issuance of securities, investments) were practiced, despite the prohibition of usury and the Catholic Church's distrust against exchange activities (opposed to production activities). Christian finance is characterized by the existence of three dimensions: personal (actors), operational (operations), and dogmatic (principles). General description Actors In the modern era, Catholic clerical finance continues to be conducted through the Vatican Bank (IOR), and many Catholic lay financial pla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socially Responsible Investing
Socially responsible investing (SRI) is any investment strategy which seeks to consider financial return alongside ethical, social or environmental goals. The areas of concern recognized by SRI practitioners are often linked to environmental, social and governance (ESG) topics. '' Impact investing'' can be considered a subset of SRI that is generally more proactive and focused on the conscious creation of social or environmental impact through investment. '' Eco-investing'' (or ''green investing'') is SRI with a focus on environmentalism. In general, socially responsible investors encourage corporate practices that they believe promote environmental stewardship, consumer protection, human rights, and racial or gender diversity. Some SRIs avoid investing in businesses perceived to have negative social effects such as alcohol, tobacco, fast food, gambling, pornography, weapons, fossil fuel production or the military. Socially responsible investing is one of several related con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African Republic
The Central African Republic (CAR) is a landlocked country in Central Africa. It is bordered by Chad to Central African Republic–Chad border, the north, Sudan to Central African Republic–Sudan border, the northeast, South Sudan to Central African Republic–South Sudan border, the east, the Democratic Republic of the Congo to Central African Republic–Democratic Republic of the Congo border, the south, the Republic of the Congo to Central African Republic–Republic of the Congo border, the southwest, and Cameroon to Cameroon–Central African Republic border, the west. Bangui is the country's capital and largest city, bordering the Democratic Republic of the Congo. The Central African Republic covers a land area of about . As of 2024, it has a population of 5,357,744, consisting of about 80 ethnic groups, and is in the scene of a Central African Republic Civil War, civil war, which has been ongoing since 2012. Having been a Ubangi-Shari, French colony under the name Ubangi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel
Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Israeli-occupied territories, It occupies the Occupied Palestinian territories, Palestinian territories of the West Bank in the east and the Gaza Strip in the south-west. Israel also has a small coastline on the Red Sea at its southernmost point, and part of the Dead Sea lies along its eastern border. Status of Jerusalem, Its proclaimed capital is Jerusalem, while Tel Aviv is the country's Gush Dan, largest urban area and Economy of Israel, economic center. Israel is located in a region known as the Land of Israel, synonymous with the Palestine (region), Palestine region, the Holy Land, and Canaan. In antiquity, it was home to the Canaanite civilisation followed by the History of ancient Israel and Judah, kingdoms of Israel and Judah. Situate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and borders China and Russia to the north at the Yalu River, Yalu (Amnok) and Tumen River, Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone, Korean Demilitarized Zone (DMZ). The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like South Korea, claims to be the sole legitimate government of the entire peninsula and List of islands of North Korea, adjacent islands. Pyongyang is the capital and largest city. The Korean Peninsula was first inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the late 7th century, Korea was ruled by the G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
