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chalices and patens

FINANCES

The Fund for the Diaconate's goal is to be fully sustainable in our investments, thus utilizing the assets to God's glory. 

The Fund's financial institutions are Boston Common Asset Management as the manager of our endowment, and Charles Schwab as our bank. Boston Common has an excellent track record in socially responsible investing, and has worked with a number of non-profits and church related organizations.

Mission-Consistent Investments

​Consistent with achieving investment objectives, The Fund’s investment policy will be implemented with the incorporation of environmental, social and governance (ESG) factors as core components of the investment decision-making and risk management processes by the Board in the assessment and hiring of an external investment adviser (“the Adviser”). The Adviser will consider impact and solutions-based investments, engagement, and evaluation of the economic merits of current and potential investments taking into account governance practices, environmental or social impact, and regulatory and reputational risks.

The Adviser incorporates ESG criteria in the investment analysis and decision-making processes particularly emphasizing profitable investments with positive social and environmental impacts aligned with the priorities and values of The Fund, especially as it relates to creating impact in people and planet. This includes:

  • Utilizing positive screening as a way to proactively benefit The Fund’s investment portfolio.

  • Utilizing negative screening to limit the involvement of The Fund’s investment portfolio in those ESG issue areas which are antithetical to its values, mission, and culture.

  • Seek appropriate disclosure on ESG issues and externally managed funds in which The Fund invests.

PLANNED GIVING & DONATING

The Fund's work is make possible in part through the generous support of our donors. You can help deacons and those in diaconal formation who are facing financial difficulty by making a Donation or Planned Gift.

The Fund's Legal Documents

Financial Statement  July 31, 2023 and 2022
ByLaws
Certificate of Incorporation

IRS Form 990

NY State CHAR500 Annual Filing

Legal Name: The Fund for the Diaconate of The Episcopal Church
Tax ID: 23-7125960  

​Bookkeeper: YPTC (Your Part-Time Controller), New York, NY

Legal Counsel: Simpson Thacher & Bartlett, LLP, New York, NY
Auditors: EisnerAmper LLP, New York, NY
Endowment Manager: Boston Common Asset Management
Bank: Charles Schwab

"I am a grateful recipient of a supportive grant. My thanks to The Fund for the Diaconate and all that they do. Without them, I do not know what I would have done."  

Deacon H, grant recipient

Consider a Planned Gift or Donation to The Fund. You'll make a meaningful impact on deacons, and those in diaconal formation, who are facing financial hardship. 

Thank you for visiting!

Board only.

The Fund for the Diaconate of The Episcopal Church
Mailing Address:
​​P.O. Box 12621
Charlotte, NC 28220
​​(800) 281-5421

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