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2022 Annual Report

Stability Behind the Numbers

A Message from Mary Kate Wold

Chief Executive Officer and President

Exemplary stewardship means taking a disciplined approach to investing and spending, and making smart decisions today that protect the financial strength of our pensions and other programs for decades to come.

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A Message from the Board

The CPF Board has been busy over the past year studying pension parity, monitoring the financial strength of CPG’s pension and other programs, engaging in wonderful conversations with Church leadership, doing transformative work on diversity, equity, and inclusion as a board, and overseeing CPG’s efforts to support the Church.

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Stability Behind the Numbers

Investment results for The Church Pension Fund (CPF) portfolio have been strong, despite market declines in 2022 driven by increased economic and geopolitical uncertainty. CPF remains healthy and stable.

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