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.

2023 Q4 DIF Summary

Q4 Overview, December 31, 2023

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.

2023 Q4 SRIF Summary

Q4 Overview, December 31, 2023

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


    Sue Hall, Convener – Christ Church, Lake Oswego

    Jan Childs – St. John the Evangelist, Milwaukie

    Madeline Moore – St. David of Wales, Portland

    Diane Pinney – Trinity Episcopal Church, Portland

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

    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