The Church Foundation

What The Church Foundation does

The Church Foundation (TCF) is a Pennsylvania nonprofit corporation incorporated in 1926, with organizational roots in an 1882 merger with the Trustees of the Protestant Episcopal Church of the Diocese of Pennsylvania. TCF provides pooled investment management services exclusively to Episcopal parishes, chapels, missions, and affiliated institutions within the Episcopal Diocese of Pennsylvania. The foundation operates two core products: the Consolidated Fund, a diversified common trust fund of stocks, bonds, and alternatives that pays quarterly distributions; and the Short Term Investment Fund (STF), a lower-volatility 50/50 allocation between T. Rowe Price's Ultra Short-Term Bond Fund and U.S. Treasury Money Fund focused on capital preservation. TCF's total cost to investors is approximately 0.88% on the Consolidated Fund (0.32% TCF administrative fee plus T. Rowe Price investment management fees) and approximately 0.32% on the STF (0.10% TCF management fee plus T. Rowe Price fees), with fees reviewed and set annually by the board.

Investment management is outsourced to T. Rowe Price under a partnership dating to 2007, with annual portfolio review meetings held at T. Rowe Price's Baltimore headquarters. Custody and fund accounting are outsourced to Truist Bank's Foundation and Endowments Specialty Practice under a partnership dating to 2017. External audit is performed by BBD LLP. The technology stack is standard nonprofit infrastructure: Cloudflare for security/CDN, Google Analytics for traffic analytics, Stripe and PayPal for transaction processing, Constant Contact and Mailchimp for email communications, and online quarterly statement access for investor reporting. No proprietary technology or in-house investment platform is operated; TCF's value-add is governance, fiduciary oversight, and curated access to institutional investment products.

The foundation is governed by a 16-member Board of Directors (3 clergy, 12 laity) chaired by the Bishop of the Diocese of Pennsylvania, with operational execution handled by two named staff: Executive Director Lori Daniels (joined 2014, promoted 2019) and Operations Manager Margo Richardson (joined late 2025). Supporting services include a Gift Clearing Account for appreciated-securities donations, Legacy Planning workshops and educational materials, complimentary Notary Services for any diocesan parish, and ongoing personalized parish consultations. Distribution is exclusively direct-to-parish through relationship management, on-site workshops, and attendance at the Diocese of Pennsylvania Clergy Conference and Episcopal Parish Network events.

Name

The Church Foundation

Legal name

The Church Foundation

Website

https://tcfdiopa.org

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

1–10 employees

Short description

The Church Foundation is a Pennsylvania nonprofit that manages pooled investment funds — a diversified Consolidated Fund and a Short Term Investment Fund — exclusively for Episcopal parishes and institutions within the Episcopal Diocese of Pennsylvania, with T. Rowe Price as investment manager.

Ownership category

akta.pro rank

Product category

Religious Endowment Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940), Grantmaking and Giving Services (81321)

akta.pro primary industry

Endowments (Universities, Foundations, Nonprofits) (FSAAAGAC)

akta.pro secondary industries

Corporate & Institutional Trust Services (FSAAANAB), Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH)

Keywords

• Endowment management services
• Pooled investment funds
• Faith-based investing
• Fiduciary stewardship services
• Legacy planning services

Headquarters

HQ city

Norristown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Consolidated Fund Management Fees: TCF charges a management fee of 0.32% to cover administrative and operational costs for the Consolidated Fund. Combined with investment management fees charged by T. Rowe Price, total fees are approximately 0.88%.
2. Short Term Investment Fund Management Fees: The STF management fee is 0.10% assessed quarterly. Combined with T. Rowe Price investment management fees, total fees are approximately 0.32%.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Church Foundation (TCF) is a Pennsylvania nonprofit corporation that manages pooled investment funds — the Consolidated Fund (stocks, bonds, alternatives) and the Short Term Investment Fund (Ultra Short-Term Bond + U.S. Treasury Money) — exclusively for parishes, chapels, missions, and affiliated institutions within the Episcopal Diocese of Pennsylvania. TCF also provides complementary services including a Gift Clearing Account for appreciated-securities donations, legacy planning workshops, notary services, and online quarterly statement access, all under fiduciary oversight with T. Rowe Price as investment manager.

Product overview

The Church Foundation offers two core investment products: the Consolidated Fund, a balanced portfolio of stocks, bonds, and alternatives structured as a common trust fund with quarterly distributions; and the Short Term Investment Fund (STF), a lower-volatility option split 50/50 between T. Rowe Price's Ultra Short-Term Bond Fund and U.S. Treasury Money Fund focused on capital preservation. Supporting services include a Gift Clearing Account for appreciated securities donations, Legacy Planning Services with educational workshops and planning booklets, complimentary Notary Services, and Online Statement Access for quarterly financial reporting.

Differentiator

Problem solved

Functional benefit

Products and services

• Consolidated Fund A balanced portfolio of stocks, bonds, and alternatives structured as a common trust fund, offering quarterly distributions for Episcopal parishes and institutions within the Diocese of Pennsylvania.
• Short Term Investment Fund (STF) A lower-volatility investment option focused on capital preservation, allocated 50/50 between T. Rowe Price's Ultra Short-Term Bond Fund and U.S. Treasury Money Fund.
• Gift Clearing Account Facilitates pledges and donations of appreciated stock, bonds, and mutual funds to Episcopal entities within the Diocese of Pennsylvania at no cost.
• Legacy Planning Services Educational workshops and resources including Legacy Planning, Endowment Essentials, and End-of-Life Planning Booklet to help parishes build lasting financial legacies.
• Notary Services Complimentary notary services provided to any Episcopal parish or organization within the Diocese of Pennsylvania, regardless of account status.
• Online Statement Access Online access to quarterly statements for all participants, enabling accurate and effective accounting of organization finances.

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• T. Rowe PricecoreTechnology or IntegrationSince 2007, T. Rowe Price has served as The Church Foundation's investment manager, bringing expertise in managing assets aligned with TCF's financial objectives. TCF's Investment Committee maintains rigorous oversight of investment activity and performance. The partnership includes annual portfolio review meetings at T. Rowe Price headquarters in Baltimore, Maryland, covering topics such as ESG updates, fixed income review, asset allocation views, and global market outlook.
• Truist BankcoreTechnology or IntegrationSince 2017, Truist Bank's Foundation and Endowments Specialty Practice has served The Church Foundation as custodian and fund accountant, ensuring secure asset management and accurate financial reporting. Their expertise supports TCF's commitment to fiduciary oversight and long-term financial sustainability.
• BBD LLPminorOthersBBD LLP conducts external audits of the Consolidated Fund in accordance with TCF's procedures and industry standards. Records are retained for seven years.
• Episcopal Church FoundationminorGTM or Marketing PartnerTCF provides links to Episcopal Church Foundation resources including Planned Giving Calculator, Pooled Income Fund information, Charitable Gift Annuity, Charitable Remainder Annuity Trust, and Charitable Remainder Unitrust documentation for educational purposes.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tcfdiopa
• LinkedInlinkedin.com/company/the-church-foundation/?viewAsMember=true

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Church Foundation