While NCTC offers services you are familiar with, such as personal and charitable trusts, and investment management services, there is one major difference. For NCTC, the overarching goal is a focus on mission.New Covenant Trust Company provides the opportunity for individuals to have their investments managed in a manner consistent with their values and principles. The products and services we offer are aligned with our client’s passion for mission as well as their desire for performance.

NCTC continuously looks to align its services with ways to increase mission funding. Offering to share a portion of its trust fees is an excellent example of the innovative approach NCTC takes to increasing funding for mission. Going forward, NCTC clients may request that a portion of the trust service fee be contributed to a permanent endowment fund held by the Presbyterian Foundation. The fund selected is determined by the trust client reflecting their particular mission focus.

The permanent endowment funds held by the Foundation benefit a wide range of beneficiaries such as local churches, Habitat for Humanity, Presbyterian Disaster Assistance and many others to provide support now and for generations to come. The program allows the trust client to recommend any one of nearly 7,000 endowment funds to receive the contribution based on his or her mission interest. Trust clients will have the satisfaction of providing for mission during their lifetime as well as at the termination of their trust.

In collaboration with the Foundation, this new fee structure was developed to provide a very tangible example of support of mission. Bob Leech, president and CEO of the Presbyterian Foundation, explains, “This unique policy not only demonstrates NCTC’s connection to the mission of the Foundation, but clearly confirms its commitment to support individuals and their mission interests.”

New Covenant Trust Company trust officers, Chip Walker (800-528-4083, ext. 5935) and Jason Click (800-235-6671) are available to answer your questions concerning the new client recommended fee arrangement, personal and charitable trusts, and investment management services.

Click here to listen to an alternative version of the annoucement on National Public Radio.