Invest in what lasts

"Commit your work to the Lord, and your plans will be established."
– Proverbs 16:3 (NRSV)

Dear Friends,

From COVID-19 to its economic impacts to cultural and political unrest, Everence® and our members were not immune to the turbulence of 2020 – but we are grateful that Everence remained financially stable during this time. We credit this to our dedicated staff who continued serving our clients during the pandemic, and our loyal members who have been at the core of our 75-year history of financial stewardship services rooted in strong Anabaptist faith values.  

Ken Hochstetler, Everence Financial President and CEO

Ken Hochstetler, Everence President and Chief Executive Officer

Supporting one another

As communities navigated the pandemic, we doubled the Everence Sharing Funds available for 2020, awarding $1.5 million (matched by $2.2 million from churches) to help those facing serious needs, including providing for pastors in congregations experiencing reduced giving. And we joined with Mennonite Disaster Service and Mennonite Central Committee U.S. to establish the COVID-19 Congregational Relief Fund to support under-resourced churches facing financial crisis due to the pandemic. In addition, we distributed nearly $60 million in charitable gifts on behalf of our members, and gave $386,000 to 497 nonprofits and churches through our MyNeighbor program.  

Standing with the diverse communities we serve

Our call to serve the church includes a responsibility to address the economic inequalities experienced by Black, Latino/a, Asian, Indigenous and other people of color. To better meet the needs of our members, we are innovating our services for immigrants (leer en español), actively engaging in community economic development, building relationships in underserved neighborhoods, and educating others about the intersection between race, faith and money.

Growth and resiliency in the midst of uncertainty

Despite economic volatility, our assets under management increased by nearly 12%, exceeding $5 billion as of Dec. 31, 2020. As the pandemic’s impacts persist, we continue to adjust to new realities by exploring new ways to help more people on their financial stewardship journeys.

Investing in what lasts

For 75 years, Everence has invested in enduring values like hope and sharing, love and caring – values that continue to guide us through times of change. Thank you for being part of the Everence community.

Sincerely,

Signature - Ken Hochstetler



Kenneth D. Hochstetler
President and Chief Executive Officer