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Short Term Fund

Short Term Fund

The Kentucky Baptist Foundation is now offering a new investment option for churches and ministries looking for a low-risk investment alternative to traditional savings or money market accounts. The goal of the Short Term Fund is to offer a stable value and an above market earnings rate while maintain liquidity and security. KBF has allocated funds to serve as a Reserve Account within the Short Term Fund to support liquidity and to extend the investment horizon. All expense and market fluctuations are posted to this account. The only transactions posted to participant accounts are the monthly earnings allocations.


  • Withdrawals allowed at any time
  • No limits or penalties for withdrawals


  • Backed by KBF funds*


  • Gain additional funds for ministry
  • Earnings allocations posted monthly

The earnings rate is determined by market conditions and is set by the Investment Committee of KBF. The current rate is reviewed monthly and is subject to change. Past performance is not a guarantee of future results.

The annualized rate as of June 1, 2021 is 1.25%.

KBF receives a management fee to cover operating expenses. PNC receives an investment management fee. These fees are deducted from the Reserve Account prior to the monthly earnings allocation.

The annualized fees as of June 1, 2021 are: KBF - .25%, PNC - .20%

To learn more, download the Short Term Fund Flyer.

*Not FDIC insured