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Posted by on Dec 30, 2016 in business, Economy, Work | 0 comments

Investments for the Kingdom

Investments for the Kingdom

Eventide Funds has confounded the investment world with its success—and it’s biblically based principles. Not long ago, when reporters wrote about Robin John, the cofounder of Eventide Asset Management, a subtle snicker rumbled under the surface. One called him “The Believer”; others pointed out the odd language on his Boston-based mutual fund company’s website: business as an “engine of blessing” and “biblically responsible investing.” Theology as the foundation for picking stocks? Is this guy for real? Today the murmurs seem to have faded, and for good reason. Since its launch in 2008, Eventide’s flagship mutual fund (a pool of money professionally invested in stocks, bonds, and other securities), the Gilead Fund, has given shareholders a 13.70 percent annualized return as of September 30, 2016, compared to 9.03 percent for the Standard & Poor’s 500. To put that into perspective, an investor who put $10,000 into the fund at its launch would be worth $26,050 today. The Gilead Fund has been covered as a top performer by The New York Times,...

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Posted by on Dec 23, 2016 in business, Economy, Work | 0 comments

We All Proselytize

We All Proselytize

  “Kelly, what does proselytize mean?” “Evangelize, but with negative connotations.” I had to ask my wife last Sunday night because the word came up in a discussion with a local Christian entrepreneur. I’ll paraphrase what he said: “In my company, we believe in the power of entrepreneurship to create flourishing communities. And I’m very open about my Christian faith with my employees when it comes up. But I would never engage in proselytization.” When he said it, I mostly agreed. The word just sounds like rude, arm-twisting – or possibly even an illegal activity. Encroaching on other people’s faith makes many of us feel uncomfortable at worst, and often offended. It’s usually a good way to seriously tick off your co-workers. But what does “proselytize” even mean? I looked it up in the dictionary and here’s what I got: “pros·e·lyt·ize ˈpräs(ə)ləˌtīz/verb: convert or attempt to convert (someone) from one religion, belief, or opinion to another.” Well, that’s interesting. This word simply means trying to change somebody’s beliefs or...

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Posted by on Dec 14, 2016 in business, Economy, Work | 0 comments

Nourishing the World: Spending an Evening with Dan Dye, CEO of Ardent Mills

Nourishing the World: Spending an Evening with Dan Dye, CEO of Ardent Mills

  As we walked into the kitchen, our senses came alive: the smell of freshly baked bread, the shine of stainless steel appliances, the smile of Chef Daniel Marciani, and the sight of risotto, chocolate quinoa desserts and caramelized spread. We felt like we had just walked into Babette’s Feast. The food was the unexpected capstone of an evening the 5280 Fellows spent with Dan Dye, CEO of Ardent Mills, the largest flour producer in the country.  Ardent Mills, a new company that was spun off from ConAgra, CHS, and Cargill just over two and a half years ago, has 42 production facilities in the US, over 2,000 employees, and – get this – serves an estimated 100 million per day with their products. Chances are, if you ate any kind of bread product today, you are being nourished by Ardent Mills. As we gathered around the conference room to hear Dan’s story, he candidly shared about life as the leader of a $4-billion-year company: the advent of his...

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