Dear Friends,
These past several months have brought dramatic change and upheaval for all of us – and it’s during times of uncertainty that our relationships with each other are more essential than ever.
Supporting you during the pandemic
Ken Hochstetler, Everence President and Chief Executive Officer
We also have resources and initiatives to help you with your financial and stewardship needs as you navigate the COVID-19 crisis. You can learn more about these assistance and support options at everence.com/covid-19-support.
Our investment strategy team and analysts continue to gauge the effects of the coronavirus on the financial markets and your accounts. Our Chief Investment Officer, Chad Horning, CFA®, offers regular insights into the markets and economy. And, as always, our financial consultants are available to answer any questions you may have about how the pandemic might impact your accounts.
Addressing oppression and injustice
While COVID-19 impacts all of us, it has taken a disproportionate toll on diverse, marginalized and economically disadvantaged individuals and communities. This disparity magnifies the daily systemic oppression experienced by Black, Indigenous and people of color. In addition to our lamentations and prayers, Everence is seeking to address the financial and economic inequalities that have systemically oppressed individuals, families and communities for generations.
As part of our organizational priority to support church and community relationships, Everence is:
- Creating innovative solutions to better meet the needs of our diverse members, such as our services for resident immigrants; community economic development activities; and our new location in the heart of Philadelphia’s Kensington neighborhood, where we’re providing financial wellness education, credit union and other services.
- Standing together with the diverse communities we serve, by joining with church and community organizations to support under-represented individuals through initiatives like our unique community investing and grant-making programs, including the COVID-19 Congregational Relief Fund.
- Developing greater cultural awareness within our staff, through ongoing anti-racism and diversity training and fostering a more diverse and inclusive workforce.
- Speaking out and educating others about systemic injustice, such as the intersection between race, faith and money and how it impacts communities of color.
We recognize we are on a journey and have much more to learn and do – but it is a responsibility we take seriously, so that we can fully live into our call to serve all within the body of Christ.
Walking forward, together
For 75 years, Everence has invested in enduring values like hope and sharing, love and caring. These same values continue to guide us as we navigate the days ahead. Thank you for being part of Everence, and doing your part to enrich and grow the lives and communities we share.
Sincerely,
Ken Hochstetler
President and Chief Executive Officer