How we're doing business
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Dear Friends,
The health and well-being of our members, employees, partners and communities are top of mind as we navigate through the COVID-19 pandemic. Our thoughts and prayers are with all who are affected by the virus and the health professionals caring for them.
Business continuity readiness
We continue to serve our members and clients with remote services and minimal contact options as our offices remain temporarily closed, in compliance with CDC guidelines. As part of our day-to-day risk management, Everence proactively maintains a team of experienced professionals to ensure business continuity readiness and minimal (if any) interruption to our operations.
Fluctuations in the market
The fluid situation also has resulted in significant market volatility. Our investment strategy team and analysts continue to actively evaluate the economic and market impacts of the coronavirus. Everence Chief Investment Officer Chad Horning, CFA®, has provided comments on how investors should approach today’s investment environment. And, as always, our financial consultants are available and ready to answer any questions you may have about how COVID-19 might impact your accounts.
Caring for individuals
In the Anabaptist faith tradition, we are people called to live together in community, in service to each other and to God. This includes caring for one another in the face of any infectious outbreak, including COVID-19. To help, we’re providing assistance and support options on our website. We regularly update this page as we continue to develop ways to care for our community.
Caring for churches and organizations
We also know that churches and not-for-profits experience financial stress when communities face economic hardships. To support faith communities, we’re doubling our Sharing Fund grants available for churches in 2020, so that churches can provide assistance to individuals facing difficulties. We anticipate this resource can aid churches in sustaining their church’s finances during the COVID-19 epidemic. We encourage those able to do so to give generously to their favorite organizations to meet increased needs during this time.
We’re here for you
Rest assured that we will continue providing updates to our members and clients as appropriate, and we wish everyone well as we collectively navigate this global health situation. Thank you for your continued trust in us, and the privilege of walking alongside you on your financial stewardship journey.
Sincerely,
Kenneth D. Hochstetler
President and Chief Executive Officer
Updated April 11, 2020.