Diocesan Investments

The Diocesan Investment Committee oversees three funds: the Diocesan Investment Fund (DIF), the Socially Responsible Investment Fund (SRIF), in collaboration with the Stakeholder Advisory Committee, and the Short-term Investment Fund (STIF).

You will find up-to-date investment summaries and resources below.

Diocesan Investment Fund

The Diocesan Investment Fund (DIF) is a long-term, diversified investment portfolio focused on traditional investments, with a track record of success dating back to 1992.

2024 Q1 DIF Summary

Q1 Overview, March 31, 2024

Socially Responsible Investment Fund

The diocesan Socially Responsible Investment Fund (SRIF) is a long-term, diversified investment portfolio, launched in 2016, dedicated to socially responsible investing and focused on gospel value priorities identified at the Annual Meeting.

2024 Q1 SRIF Summary

Q1 Overview, March 31, 2024

Short-Term Investment Fund

The diocesan Short-Term Investment Fund (STIF) is a short-term investment option focused on liquidity and income. The STIF is currently comprised of a cash-like, government money fund.


Mike Penfield, Convener – St. John the Baptist, Portland

Dick Anderson – Christ Church, Lake Oswego

The Rev. Brendon Barnicle – St. Francis of Assisi, Wilsonville

James Baxendale – Trinity Cathedral, Portland

Ginger Dietzman – St. Gabriel the Archangel, Bethany

Bill Gellatly – Church of the Good Samaritan, Corvallis

Rick Grimshaw – St. Michaels & All Angels, Portland

Kate Kenemer – Grace Memorial, Portland

Jeffrey Krum – Ascension, Portland

Michael Montgomery – St. Philip the Deacon, Portland

Madeline Moore – St. David of Wales, Portland

The Rev. Jaime Sanders – Christ Church, St. Helens

Susan Workman – St. John the Baptist, Portland

Withdrawal, Deposit, and Transfer Forms

Investment support team

If you have questions regarding your investments, please reach out to one of the individuals below.

Mike Penfield, convener of the diocesan investment committee

Michael Pavlick, relationship manager at Fifth Third Bank

Ashlee Moehring, partner at Sellwood Consulting and the diocesan investment consultant

Anne Marie Lowe, canon for finance and property

Kathy Gordon, diocesan treasurer

Meron Yimesgen, staff accountant