LMCP_Lodge Finance

Generally, the guidelines permit no less than 20% of the lodge assets to be invested in cash, cash equivalents, and fixed income; while no more than 80% may be invested in growth assets like common stocks, preferred stocks, etc. A lodge may invest its Life Membership Funds with the Grand Lodge Life Membership Investment Program. Lodges in this program will receive quarterly statements from the Grand Lodge. Annual distributions to the lodge are made during the first quarter of each calendar year based on 4% of the three-year market value average of the lodge's principle balance. Lodges do not need to take a distribution if the lodge prefers to re-invest the distribution in the program. A lodge may only invest its Life Membership Fund in cash equivalents, savings accounts, certificates of deposit, investment grade bonds, and conservative growth investments designed for total return.

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