Members of the Committee on Mission Responsibility Through Investment (MRTI) spend much of their time engaging corporations with whom the Board of Pensions and Presbyterian Foundation has about $12 billion invested. Its shareholder engagement process seeks to get companies to comply with General Assembly corporate criteria on environmental responsibility, peace, justice for people of color and for women, and other directives.
Lilly Endowment Inc. recently awarded the Presbyterian Foundation a second grant of $1 million as part of its National Initiative to Address Economic Challenges Facing Pastoral Leaders.
The Board of Pensions of the Presbyterian Church (U.S.A.) has received a $1 million grant from Lilly Endowment Inc., enabling the expansion of Healthy Pastors, Healthy Congregations into a program of national scope and impact.
The morning sun broke through the clouds, illuminating an exquisite glass font, communion vessels, and the handcrafted table on which they rest. The Board of Pensions of the Presbyterian Church (U.S.A.) dedicated these beautiful liturgical furnishings, along with a pulpit, in a worship service on Sept. 26. The furnishings are a reminder that the Board of Pensions is Church — that for more than 300 years the Board and its predecessors have cared for Presbyterian ministers and their families.
The Presbyterian Church (U.S.A.) Board of Pensions has earned a spot on the Philadelphia Business Journal’s list of 2018 Best Places to Work. Employers throughout the Philadelphia region compete annually for this honor.
The Committee on Mission Responsibility Through Investment (MRTI) is making final preparations for its recommendations to the 223rd General Assembly. MRTI is a three-agency committee that implements the General Assembly’s policies on faith-based investing.
After each regular meeting of the Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.), the Board of Pensions publishes The Board Bulletin. This Bulletin reports key information presented and actions taken at the spring 2018 meeting that affect plans and programs administered by the Board of Pensions.
If investors demanded it, would companies change their practices to benefit the environment and slow the effects of global warming? The Presbyterian Church (U.S.A.) Office of Faith-Based Investing and Corporate Engagement believes that this strategy can work, and that companies encouraged to do so may improve their practices through dialogue. The Presbyterian Board of Pensions and the Presbyterian Foundation are helping bolster this effort by paying for an additional staff person in this office. The staff person, Katie Carter, started work in 2017.
The Covenant Network of Presbyterians, More Light Presbyterians and the Board of Pensions of the Presbyterian Church (U.S.A.) are working together to address what they are calling a “lingering injustice.” But they need your help.
The Board of Pensions is investigating the fraudulent redirection of 11 pension payments. The Board reissued the December payments to the pensioners, and acted immediately to ensure that no other Benefits Plan members or pensioners were, or would be, affected. The fraud did not affect any other plans or funds.
