Letter from the President
For many, working with Everence® isn’t just about making a difference in their own stewardship journey – but also in the lives of others.
That’s at the core of who we are and what we do. Everence members like you are part of vibrant, supportive communities – neighbors helping neighbors in the wake of celebrations and adversity.
In 2017, Everence members generated $205,337 in donations to some 225 nonprofit organizations, simply by using our new MyNeighbor credit card during their normal shopping routines. We’re excited about MyNeighbor’s successful first year and are pleased to have another way for you to support the causes closest to your heart.
Pastors often face challenging financial circumstances, which can put stress on their health and wholeness. In 2017, our three-year Pastoral Financial Assistance Program’s remarkable success continued. And this year we’ve launched a broader Pastoral Financial Plan Grant for pastors from any Everence-affiliated church – because when our pastors are healthy, our congregations and communities also benefit.
From packing food for hungry children in Indiana to helping ex-prisoners get back on their feet in Kansas, building tiny homes in Colorado to responding to relief efforts in Puerto Rico and the U.S. – Everence members multiplied their impact over the course of 2017. The stories are a testament to how the Everence community is making a difference, just by living out their values through responsible money management, and giving back through distinctive community investing, grant-making and charitable giving programs.
In 2017, Everence surpassed $3 billion in funds we manage on behalf of individuals, congregations and organizations – including $1.3 billion in assets under management through our socially responsible mutual fund family. Additionally, we’ve partnered with you to generate over $1.2 billion in cumulative charitable impact since our inception in 1945, primarily through our Charitable Services, Sharing Fund grants and other donations to churches and nonprofits. These milestones reflect 72 years of helping members actively incorporate faith and values with decisions about money – and we think they’re worth celebrating!
Cultivating and growing our resources takes small steps, day in and day out, to enrich our communities and the lives we share. Everence was founded on a tradition of church communities putting faith into action by sharing resources with each other. Regardless of racial, ethnic, gender or socio-economic backgrounds, each of us are on a unique financial stewardship journey. And that’s why we’re ready to walk forward with you in whatever way works best for your needs. Because when we come together – neighbor to neighbor – we can build a future that’s brighter than any one of us could do alone.
Kenneth D. Hochstetler
President and Chief Executive Officer
“Therefore encourage one another and build up each other, as indeed you are doing.” – 1 Thessalonians 5:11