News

In 2017, Portico announced its positive social impact first (SIF) investment in Bank of Palestine through certain ELCA social purpose funds. Bank of Palestine is an innovative, socially responsible institution with the widest branch network in Palestine and a presence dating back to 1960. It is also a valued Portico social purpose investment partner.

Impax Asset Management is a U.K.-based global stock investment manager making a worldwide difference for the environment. It invests in companies pursuing positive environmental strategies with measurable outcomes, including wind […]

Each fall at its board of trustees meeting, Portico recommends annual adjustments to payments made to ELCA Participating Annuity Trust annuitants – changes to monthly variable annuity payments, annual dividends, and the bridge fund crediting rate. These adjustments take effect in January of the coming year.

By combining resources, investors can make positive social investments that benefit the environment. And that adds up to millions of dollars for energy-efficient technology and renewable energy projects. Since 2013, […]

Portico’s social purpose (SP) investors get two kinds of returns — financial returns and evidence of social impact. The chart below describes the positive environmental impact Portico’s $25 million social […]

Portico Benefit Services remains steadfast in its commitment to care for the well-being of those who serve in the ELCA — so they can focus on the important work of […]

Reducing the cost of benefits is always welcome, especially during these tumultuous times. Portico is pleased to announce that the ELCA Benefit Contribution Trust is now adequately funded. Starting in […]

The ELCA Health Plan has always been a community plan, designed to meet the specific needs of ELCA congregations, institutions, social ministry organizations, churchwide organizations, seminaries, and those serving in […]

As the ELCA’s wellness leader, Portico is always on the hunt for innovative benefits and services that can help its faith-centered membership live well. In January 2020, Portico proudly introduced […]

In November 2015, Portico selected IFF, a community development financial institution that serves low-income and special need communities in the Midwest, as its first social impact first (SIF) investment. Now, […]