Presbyterian Foundation

Presbyterian Foundation

The Presbyterian Foundation was founded in 1799 as the financial steward for the Presbyterian Church (U.S.A.). Rev. Tom Taylor currently leads the organization as President and CEO. Its mandate centers on raising, stewarding, and distributing funds to strengthen congregations and ministry programs across the denomination. The Foundation allocates across real estate, infrastructure, and public equities. Direct holdings include Presbyterian Towers, Lakeview Place, and Woodward Manor, all senior housing assets in Florida held through Presbyterian Homes and Housing Foundation of Florida, Inc. It maintains a minority interest in Ghost Ranch, an education and retreat center in New Mexico that received an estate gift in 2026. The Presbyterian Endowment Fund allocates to global infrastructure and real estate through Northern Trust. Public equity positions include VTI, Microsoft, Apple, Amazon, Meta, and Berkshire Hathaway, held via New Covenant Trust Company. The organization employs 51 professionals at its Jeffersonville headquarters. It owns New Covenant Trust Company outright and partners with Northern Trust as master custodian and OCIO since 2017. In March 2026 the Foundation participated as a speaker at the Luminosity Conference in Louisville on pastoral leadership topics. It also maintains relationships with the Board of Pensions of the Presbyterian Church (U.S.A.) and holds membership in the Association of Presbyterian Colleges and Universities. The Foundation's structure ties investment decisions directly to the PC(USA) governance and Mission Responsibility Through Investment guidelines. This creates a mandate that integrates active shareholder engagement and proxy voting with denominational priorities rather than pure financial return objectives.