Church windfall - conservative investment options?
My hometown church came into a little money (around $500,000).
Basically, it is located in a very small community (less than 2000 people). The church is very conservative.
Wondering if you can suggest some investment options? And/or point me to wiki pages.
I don't know if investment companies have special funds for 503c3 entities? Any thoughts/ideas?
One question I have -- if the church council decides to invest conservatively (say 100% bonds) , how safe is their money? I don't know how to answer that for them.
Any thoughts/help would be greatly appreciated.