The Church Foundation (TCF) is a nonprofit corporation, chartered in 1926, as a service organization for the Diocese of Pennsylvania. TCF serves trustee and investment advisor for assets owned by churches, chapels, missions, and institutions in the diocese. Our primary purpose is to oversee the Consolidated Fund, a balanced portfolio of stocks and bonds, for the diocese and other church-related institutions.
The investment philosophy and objectives of The Church Foundation is to provide the best rate of return for our investors through prudent investments and a distribution payout vehicle to fund mission and ministry. The Church Foundation's Investment Committee and Board of Directors work closely with our Investment Manager, T. Rowe Price, to ensure the preservation and growth of the investments so that our participants have those assets available when needed.
Investors with The Church Foundation are purchasing units or shares in the Consolidated Fund. The Consolidated Fund is a carefully structured array of equities and fixed income instruments designed to meet the investment policy statement guidelines established by The Church Foundation Board of Directors.