23 East Airy Street, Norristown, PA 19401  ·   215-627-6434  ·  

The Church Foundation
  • Who We Are
    • About TCF
    • Our People
    • Board of Directors
  • Why TCF?
    • TCF at a Glance
    • Annual Report
    • Our Philosophy
    • TCF Audited Statements
    • Frequently Asked Questions
  • Consolidated Fund
    • How It Works
    • Quarterly Performance
    • Audited Statements
  • Short Term Fund
  • Tools & Resources
    • End-of-Life Planning
    • Gift Clearing
    • News & Announcements
    • Notary Services
    • Participant Forms
    • Planned Giving
    • Resource Library
    • Selección de idioma
  • Next Steps

How It Works

The Consolidated Fund is a common trust fund similar in design and function to those maintained by commercial trust companies and banks.
Assets of various separate endowments are combined and invested for return.

Ownership is evidenced by notional units, which are purchased or redeemed in a given month using the prior month end value per unit.

The Church Foundation is responsive to questions and offers a consistent point of contact for communication. Washington Memorial Chapel



Business Rules for the Consolidated Fund of The Church Foundation

  1. As of each calendar month-end, the market value of the portfolio of the Fund is determined and divided by the total number of units to obtain the month-end value per unit.
  2. Transactions in units of the Fund throughout a given month are purchase/redeemed using the prior month-end value per unit
  3. Notice of intent to purchase or redeem units must be given by the 25th of each month for processing.
  4. Amounts necessary to purchase units must be present in the form of collected funds at Truist Bank by the end of the last business day of the month (wire transfers must be completed by 2:00 pm Eastern Time on that day).
  5. Proceeds from redemption of units will be available for disbursement no later than the tenth business day following month-end.
  6. Payouts are distributed quarterly based on the number of units held by an investor at the month end prior to the quarter end, and in accordance with Pennsylvania law 20 Pa. C.S. Section 8113.
  7. The Spending Rate used to calculate annual payout distributions is determined by the Board of Directors based on advice of the Investment Committee as soon as is practicable after each calendar year-end.
  8. Statements of account activity are provided quarterly .
  9. All accounts for which The Church Foundation is trustee of record receive payout distributions based on the Spending Rate.
  10. In cases in which the Foundation is not trustee of record, the beneficiary of the account may request a spending rate that is in compliance with Pennsylvania law, which will be approved or not by The Church Foundation. If this rate differs from the Spending Rate determined by the Board, sufficient units will be purchased or redeemed to account for the difference.
  11. All participants in the Fund are deemed to have adopted the total return method described 20 Pa. C.S. Section 8113.
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Connect with Us

Lori Daniels
Executive Director
215-220-9886 
Lisa Reinhardt
Operations Manager
215-621-8310 

Lori Daniels

Executive Director
215-220-9886 |

As the Executive Director of The Church Foundation (TCF), Lori Daniels stands at the helm, reporting directly to the Board of Directors. In her role, she oversees and monitors investments to ensure financial integrity and serves the Board in its fiduciary duties as trustee and custodian for assets owned by churches, chapels, missions, and institutions within the Diocese of Pennsylvania. Lori leads TCF's business development efforts and fosters professional relationships, with the overarching goal of establishing endowments for every Episcopal entity in the Diocese. She is also dedicated to expanding planned giving resources through increased program education.

Lori joined TCF as an Operations Specialist, transitioning to Operations Manager before being named Executive Director. Her ascent to this leadership role is a testament to her exceptional leadership talents, ability to cultivate positive business relationships, and a clear, forward-looking vision for TCF's future. Lori is passionate about people and deeply values the talents of each team member.

Under Lori's leadership, TCF has achieved several notable milestones. She oversaw a significant increase in managed assets, spearheaded comprehensive rebranding efforts, and played a crucial role in a diocesan endowments review, which resulted in increased distributions to fund missions and ministry initiatives. Additionally, Lori has spearheaded the offering of planned giving resources on TCF's website, enhancing accessibility and support for Episcopal entities.

Lori holds a Master of Science in Management with a Nonprofit Specialization and a Bachelor of Science in Finance and Humanities. She is committed to continuing her professional development in nonprofit management, endowments, and investments.

Outside of her professional responsibilities, Lori loves to travel, is an avid reader and knitter, and enjoys biking and hiking. Her dream is to one day live close to a beach, where she can continue to enjoy these passions.

Lisa Reinhardt

Operations Manager
215-621-8310 |

Our newest member is Lisa Reinhardt, Operations Manager, working closely with our Executive Director to facilitate daily operations. Bringing administrative and organizational talents, Lisa was with the Diocese of Pennsylvania for over 12 years, coming to us from St. James’ Episcopal Church in Collegeville where she served as Director of Parish Operations and Communications.

Lisa’s experience includes co-developing practices that standardize and streamline workflow. She also created an online presence for St. James’ to communicate with parishioners, now a lifeline for remote parishioners. She plans to help create both of these for TCF including periodic newsletters to strengthen relationships with parishioners.

With a flair for graphic design blended with communication skills, Lisa assisted the rector at St. James’ to rebrand and standardize colors, styles, and logos for all ministries used in print, website, social media, and mass emails. She developed a comprehensive manual for all media use now adopted by several other parishes. She hopes to develop a similar standard for TCF.

Aware of the financial stability of a healthy church, Lisa looks forward to learning more. She will strive to achieve over 90% of churches partnering and investing with TCF, while in turn offering each partner valuable assistance in daily procedures, growth, stability and longevity.

Communication is pivotal to a good partnership. Lisa holds a B.S. in Communication Studies and truly values everyone she encounters. She loves to spend quality time with her family and host events for friends. Her favorite summer tradition is traveling with her three daughters to Sea Isle City, New Jersey.

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Contact Us:

Lori Daniels, Executive Director [email protected]

Lisa Reinhardt, Operations Manager [email protected]

23 East Airy Street · Norristown, PA 19401

215-627-6434

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The Church Foundation
23 East Airy Street
Norristown, PA 19401

Contact Us
215-627-6434

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