NCTC Partnership Letter

by Charmaine Ponkratz and Mary Lynn Myers

Dear Brothers and Sisters in Christ,

At a recent meeting of the PRP Finance Committee, we selected the New Covenant Trust Company, a subsidiary of the Presbyterian Foundation, as Investment Managers for the Presbytery’s monetary investments. These funds have, prior to this time, been invested in the PCUSA New Covenant Balanced Growth Fund in a self-directed account.

There are a number of advantages to this new approach, both to the PRP and to our churches. Those of you who are currently using New Covenant Trust Company as your Investment Managers will have already received a letter from them outlining a reduction in your advisory fees as a result of this new relationship at the Presbytery level. 

For those of you who may want to consider NCTC for a future relationship, click here for information that describes the services and benefits this partnership provides. 

Please contact us if you have any questions, or you can reach out to David English or Dana Waters whose contact information is included in the brochure.