How does Episcopal Charities manage the funds entrusted to it?
Episcopal Charities retains professional money managers, currently Merrill Lynch, to manage the investment of its assets. The Finance Committee of the Board reviews results regularly to confirm that the assets are properly invested and maintained. Episcopal Charities recently assumed responsibility for the management and distribution of income from the Brotherton Fund, bringing the total amount under current management of Episcopal Charities to $16 million.
