# Maryland National Capital Park & Planning Commission (MNCPPC) Maryland National Capital Park & Planning Commission (MNCPPC) is a Pension Fund based in Riverdale, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Riverdale, United States - **Region:** North America - **Address:** Riverdale, MD, United States - **Founded:** 1927 - **Assets under management:** Undisclosed - **Website:** mncppc.org - **LinkedIn:** https://www.linkedin.com/company/maryland-national-capital-park-and-planning-commission ## Regulatory record - **Reports private funds:** No ## About Maryland National Capital Park & Planning Commission was established by the Maryland General Assembly in 1927 to serve Montgomery and Prince George's counties, which border Washington, D.C. The Commission operates through two independent planning boards — the Montgomery County Planning Board and the Prince George's County Planning Board — each responsible for land-use planning, zoning, and park development within its jurisdiction. Its structure as a public instrumentality means it holds significant real property portfolios across both counties, including Brookside Gardens in Wheaton and Black Hill Regional Park near Boyds, while managing the Employees' Retirement System (ERS) for its workforce. The portfolio divides into three broad categories: developed parkland and recreational facilities, commercial real estate holdings such as the Prince George's Stadium, and financial assets backing its pension obligations. On the land side, MNCPPC operates extensive trail networks, nature centers, and public gardens, while its commercial holdings generate revenue through long-term leases — the Bowie Baysox minor-league baseball team plays at Prince George's Stadium under such an arrangement. On the pension side, the Employees' Retirement System portfolio, administered from Riverdale, invests across public equities, fixed income, and alternatives, though specific asset allocations are not publicly disclosed in granular detail. The geographic focus is hyper-local, confined to the Maryland suburbs of Washington, D.C., with no known direct investments outside Montgomery and Prince George's counties. Governance runs through the two county planning boards, with commission-wide coordination handled by a chair and vice chair drawn from board membership. MNCPPC also maintains relationships with allied nonprofits — the Montgomery Parks Foundation and the Prince George's County Parks and Recreation Foundation — which serve as philanthropic fundraising arms separate from the pension and operational budgets. The Arts and Humanities Council of Montgomery County collaborates with the Commission on managing the Montgomery County Public Art Collection and the Public Arts Trust. As of the most recent public records, no major organizational restructuring or portfolio reallocation has been announced in the last 24 months. The structural differentiator is the Commission's dual mandate: it is simultaneously a land steward, a minor-league sports facility owner, and a public pension fiduciary. Few public entities combine direct real-property management with a retirement system under one statutory framework, creating a balance-sheet profile where illiquid parkland and stadium assets sit alongside a traditional pension portfolio. Succession and governance rest with the county planning boards, whose members are appointed by the respective county executives and confirmed by the county councils, embedding political oversight into every major land acquisition, disposition, and pension policy decision. ## Sectors - Real Estate - Infrastructure - Private Credit ## People - Artie Harris — Chair - Peter A. Shapiro — Vice Chair ## Questions ### How are MNCPPC's commercial real estate holdings managed? Commercial assets such as Prince George's Stadium are held directly on the Commission's balance sheet and managed through long-term lease agreements with tenants, including the Bowie Baysox minor-league baseball franchise. Parkland, gardens, and recreational facilities are operated by the respective county park departments under the two planning boards. Revenue from commercial leases and planning fees supplements public appropriations as a funding source. ### Is MNCPPC structured as a single entity or two separate county operations? MNCPPC is a single bi-county agency with a unified statutory charter, but it functions through two independent planning boards — Montgomery County Planning Board and Prince George's County Planning Board — that have autonomous authority over land-use planning and park management within their respective counties. The Commission coordinates cross-cutting functions, including administration of the Employees' Retirement System, which covers employees of both county operations. ### What is the role of the Montgomery County Planning Board versus the Prince George's County Planning Board? Each planning board is responsible for master planning, zoning recommendations, subdivision review, and park development within its county. The Montgomery County Planning Board also oversees the Montgomery Parks system and collaborates with the Arts and Humanities Council on the Public Arts Trust. The Prince George's County Planning Board carries parallel responsibilities for Prince George's County parks and planning functions. Both report to the County Council and County Executive of their respective counties. ### How does MNCPPC fund its pension obligations? Pension contributions come from employee payroll deductions, Commission operating budget allocations, and investment returns on the ERS portfolio. The funding ratio and actuarial soundness are reported annually in accordance with Governmental Accounting Standards Board requirements. Specific contribution levels and funded-status percentages are available through Maryland state financial transparency portals and the Commission's comprehensive annual financial report. ## Related profiles - [Maryland Institute College of Art (MICA)](https://altss.com/profile/maryland-institute-college-of-art-mica) - [Marymount Manhattan College Endowment](https://altss.com/profile/marymount-manhattan-college-endowment) --- Last updated: 2026-07-06T00:36:03.453Z Canonical page: https://altss.com/profile/maryland-national-capital-park-planning-commission-mncppc Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology