Diocesan Investment Trust of the Diocese of New York

Susan K. Jansen serves as President of the Diocesan Investment Trust, responsible for portfolio management and investment operations. The trust is chaired by the Bishop of New York, currently the Rt. Rev. Matthew F. Heyd. Governance is ultimately overseen by the Trustees of the Estate and Property of the Diocesan Convention, the parent fiduciary entity.

The trust directly holds commercial and mixed-use real estate in New York City. Known holdings include the Diocesan Office and Cathedral grounds at 1047 Amsterdam Avenue and a historical property at 49 Crosby Street. These assets sit alongside public equities and a global private investment allocation.

The Diocesan Investment Trust and Episcopal Charities of the Diocese of New York are separate entities. The trust handles endowment investment management, while Episcopal Charities operates as the diocese's philanthropic arm, funding social-service programs and grantmaking across New York. They share an institutional affiliation with the diocese but maintain distinct operational and fiduciary structures.

The trust holds a publicly disclosed position in the SSgA S&P Global Large Mid Cap Natural Resources Index, which tracks energy, materials, and mining companies globally (public record). This constitutes a passive, public-market allocation to the natural-resources sector.

No. The trust is an institutional pooled investment vehicle serving the Episcopal Diocese of New York and its congregations. It functions similarly to a small institutional endowment rather than a family office, with governance rooted in a trust structure overseen by diocesan fiduciaries.

The trust's private investment allocation is global in scope (public record), but the specific structure — whether direct co-investments, fund commitments, or a mix — is not publicly detailed. Given the trust's size and institutional governance, fund commitments through external managers are the more typical pattern for endowments of this profile.

The original board of the Trustees of the Estate and Property of the Diocesan Convention included J.P. Morgan and Cornelius Vanderbilt, two of the most prominent financiers of the 19th and early 20th centuries (public record). Their involvement established a fiduciary tradition that predates most institutional investment offices in the United States.