Report to the Church 2015 | Page 82

82 { SUP P ORT I NG T H E F I V E MAR K S $380 million in missionary Society assets* $120 million held in 82 funds owned by organizations across The Episcopal Church. * As of November 30, 2014. FINANCE The Domestic and Foreign Missionary Society’s Finance Office supports each of the Marks of Mission daily with banking, accounting, and payroll activities. As of November 30, 2014, assets of the Society were more than $380 million, including $120 million held in 82 funds owned by organizations across The Episcopal Church. A service of the Missionary Society available to all Episcopal congregations, dioceses and other Episcopal-affiliated organizations is the opportunity to co-invest with us. Our portfolio is diversified and professionally managed by 15 external investment managers with established track records. Performance over time has been exceptional, averaging around 8% annually over the last 10 and 20 years after all fees and expenses and ranking in the top 20% of all foundations with assets over $50 million as tracked by the InvestorForce Performance Reporting Network (subsidiary of MSCI Inc.). DEVELOPMENT Building the Office Beginning with hiring for six new positions, the Missionary Society established the Development Office with a focus on donors with at least $100,000 in giving capacity. As part of the start-up process, we purchased and refined an indus-