After a comprehensive national search, Angela Duffy has been selected as President & CEO of New Covenant Trust Co. (NCTC). She succeeds Greg Rousos, who will retire Dec. 31 after 23 years of service. A subsidiary of the Presbyterian Foundation, NCTC is a full-service financial planning, investment management and trust services firm. Its clients include both church institutions and individual members.
Your church’s members regularly write checks or give from their bank or credit card accounts. That’s great, but what if they could give in a smarter way that leaves more money for the church?
Did you know that more charitable giving happens in December than in any other time of the year? More than one-third of all charitable giving is done in the last quarter of the year. The majority of that giving happens in the month of December.
Concerns about climate change, diversity in the workplace and corporate boards, tobacco marketing, fossil fuels and weapons of war have shaped the way churches invest. This applies to endowments, strategic investments and other long-term investment tools.
New Covenant Trust Company will start utilizing new positive and negative screening tools to assist investors who want their investments to align with their values beginning April 1. These tools will allow New Covenant Trust Company to target investment in companies with a strong record of diversity, equity and inclusion.
