A department of the South Pacific Division that helps churches and institutions manage their finances and resource mission opportunities has celebrated their 50th anniversary. Board members, current staff, former managers and chairpersons gathered to enjoy a meal, cake cutting, several speeches, a slide show and an office tour.
Cash Management Fund (CMF), serves as a charitable investment fundraiser that distributes investment revenue to churches and institutions to help fund disciple making and mission activities.
Sharmila Saggurthi, accountant at CMF, explained how pooling funds together provided higher returns than would otherwise be possible if money was fragmented across many small bank accounts. “We help churches earn investment revenue that they can use to fund disciple making programs” she said. “If an individual church were to invest cash themselves, the return would generally be smaller than what they receive when they pool their funds together with other Seventh-day Adventist Church organisations.”
During the celebration, former managers Ron Herbert and Virgilio Cadungog had the opportunity to say a few words about their time at CMF. They reminisced about the changes over the years and highlighted the people that have passionately made CMF such an effective ministry. Greer Jackson, the son of CMF’s founder Bruce Jackson, said a few words on behalf of his father, thanking the attendees for “continuing to run the relay for the benefit of the Church”.
The current CMF manager, Paul Rubessa, said, “The purpose of CMF is to breathe capacity and opportunity into mission. If we can steward God’s money prudently and wisely, then collectively we will have more resources available for mission – and that supports the work that Jesus asked us to do – to go and make disciples.”
