The Church Foundation
The Church Foundation is a Pennsylvania nonprofit corporation, created as a service organization for the Diocese of Pennsylvania.
Its functions:
To serve as trustee, custodian and investment advisor for assets owned by churches, chapels, missions and institutions in the Diocese. To administer Diocesan real estate matters as required.
The Foundation holds title to more than 100 church and Diocesan properties.
The Foundation’s primary activity is managing the Consolidated Fund, a balanced fund of stocks and bonds providing a diversified investment medium for the Diocese of Pennsylvania, its parishes and other church-related institutions. The Fund’s market value was over $104 million at December 31, 2005.
The Consolidated Fund
- Annual Report (coming soon)