The Church Foundation

The Church Foundation, chartered in 1926 and merged with The Trustees of the Protestant Episcopal Church of the Diocese of Pennsylvania has as its purpose:

  • To receive, hold, manage and dispose of real and personal property which the corporation may in any lawful manner acquire for use of the Protestant Episcopal Church in the United States of America or any congregation thereof;
  • To support any benevolent, charitable, educational, or missionary undertaking of said Church; and in furtherance thereof;
  • To receive and hold property real and personal of and for religious, beneficial, charitable, educational and missionary societies and associations of said Church and to execute trusts thereof.

The Church Foundation is a Pennsylvania nonprofit corporation and is run by a Board of sixteen (16) Directors made up of three (3) clergy and twelve (12) laity and chaired by the Bishop of the Diocese. As such The Church Foundation:

  • Serves as trustee, custodian and investment advisor for assets owned by churches, chapels, missions and institutions in the Diocese.
  • Administers 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, 2010 and over $107 million at March 31, 2010.

Please direct any questions, comments, and/or inquiries to:

R. Alan Lindsay

Executive Director

Audit

Please find the audited financial statements of The Church Foundation and the Consolidated Fund for the year ending 2010. Thank you for your interest in the Church Foundation.

Wapiti

Guiding Principles 2011

These Guiding Principles are made In accordance with the Articles of Incorporation, which states that the Wapiti Land Corporation (“WLC”) is organized to own the real property, improvements, and ancillary or incidental personal property associated therewith. WLC additionally collects income therefrom which is to be turned over (net of expenses) to The Church Foundation as trustee for the Episcopal Diocese of Pennsylvania for the religious and charitable purposes of the Diocese.