Once again, The Church Pension Fund Board of Trustees (CPF Board) evaluated the organization’s key performance indicators and was impressed with their overall outcomes.
Customer service scores continue outperforming benchmarks, and the organization’s financial management is as disciplined as ever. The annual investment score fell, driven by short-term overperformance in public markets in relation to private markets (in which we have a significant asset allocation). However, long-term investment performance remains solid, and strong historical results combined with rigorous asset liability modeling give us a high level of confidence that The Church Pension Fund will be able to meet its financial obligations for decades to come.
We welcomed eight new CPF Board members, elected by the 81st General Convention. They joined four re-elected trustees and 13 who are continuing their service. Our newest trustees further broaden the range of professional expertise and perspectives that help us make sound, informed decisions.
Sadly, we mourn the passing of the Very Rev. Sandye A. Wilson, who was elected on the first ballot at the 78th General Convention in 2015 and reelected in 2022. At the time of her death, Sandye served as a vice chair of the board and helped lead our conversations around diversity, equity, and inclusion. We miss her presence and insights.
At the June 2025 CPF Board meeting, business executive
Thomas W. Jones was elected as a new trustee to serve the remainder of Sandye’s term on the board. Also, current trustee the
Very Rev. Cynthia Briggs Kittredge, was elected to serve as a vice chair for the remainder of Sandye’s term.
As always, we appreciate your trust in us as we continue to oversee the Church Pension Group’s efforts to support the clergy and lay employees of the Church in their calling to spread the gospel.