The Church Foundation
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.
- Company typePrivate
- Founded1926
- HeadquartersNorristown, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
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.
The Church Foundation firmographics
Firmographics- 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
The Church Foundation industry classification
Industry- 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
Where The Church Foundation is headquartered
LocationHeadquarters
- HQ city
- Norristown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Church Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- 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%.
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Consolidated Fund - Total Cost |
| Subscription | Quarterly | Short Term Investment Fund - Total Cost |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
The Church Foundation product offering
Product offeringCore 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.
Companies that use The Church Foundation
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
The Church Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
The Church Foundation partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- T. Rowe PricecoreSince 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 BankcoreSince 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 LLPminorBBD 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 FoundationminorTCF 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
The Church Foundation competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Church Foundation social profiles
Digital presenceThe Church Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Church Foundation leadership team
Management profileNumber of profiles
Profiles18 records
The Church Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Church Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Church Foundation
What does The Church Foundation do?
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.
Is The Church Foundation a public or private company?
The Church Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Church Foundation founded?
The Church Foundation was founded in 1926. It employs 1 to 10 people.
Where is The Church Foundation based?
The Church Foundation is headquartered in Norristown, United States, in the North America region.
How does The Church Foundation make money?
Two revenue lines are on record. Consolidated Fund Management Fees are the primary driver. The others are short Term Investment Fund Management Fees.
Does The Church Foundation have an API?
No public API is recorded for The Church Foundation.
What industry is The Church Foundation in?
The Church Foundation's product category is Religious Endowment Management. Its primary akta.pro industry code is FSAAAGAC, Endowments (Universities, Foundations, Nonprofits), with a secondary code of FSAAANAB, Corporate & Institutional Trust Services. Its NAICS code is 525.