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Many Voices. One Purpose.

2026 Annual Report

The Church Pension Group exists to support the clergy and lay employees of The Episcopal Church in their calling to spread the gospel.

A Message from Mary Kate Wold: Chief Executive Officer and President

The Church Pension Group has supported the evolving needs of a changing Episcopal Church for more than a century by listening and responding to the many voices of our clients.
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9,989
Episcopal institutions served by CPG

A Message from The Church Pension Fund Board of Trustees

Throughout the past year, The Church Pension Fund Board of Trustees has focused on the financial strength of the Church Pension Group, its strategic foresight, and its ongoing commitment to listening to and learning from the people and institutions of The Episcopal Church.
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$19.2 billion
The Church Pension Fund’s investment portfolio assets

Investment Performance

As of March 31, 2026, The Church Pension Fund investment portfolio stood at an estimated $19.2 billion. The portfolio is designed to create long-term value, avoiding short-run speculation.
Read about our investments

Many Voices. One Purpose.

Over the past year, we have taken an even deeper dive to uncover the important themes about the Church’s present realities and the future needs of those who serve it.
Read about what we're hearing

Business Updates

Chief Operating Officer Frank Armstrong shares his perspective on the progress we’ve made and the ongoing challenge of keeping our products and services affordable for those we serve.
Read about our businesses

Benefits

The online care and well-being services offered through The Episcopal Church Medical Trust continued to deliver meaningful value for members while supporting the broader goal of the Denominational Health Plan.
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Property & Casualty Insurance

The Church Insurance Companies continued to advance our work to deliver stability, responsiveness, and practical innovation to the organizations we serve.
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Publishing

In the past year, Church Publishing Incorporated continued advancing initiatives to improve operational effectiveness, expand distribution, and strengthen our publishing infrastructure.
Read about publishing