Press Release: Wespath Honored for Supporting At-Risk Children
February 27, 2018
For Immediate Release
Contact: Lisa L. Drew, Managing Director, Communications
(847) 866-4111 or email@example.com
Glenview, IL—ChildServ, a nonprofit in Chicago dedicated to building better lives for children, honored Wespath Benefits and Investments (Wespath) for supporting children and families through its investment efforts and employees’ generosity.
“Wespath’s commitment to investing in at-risk communities has both affected positive change around the world and built better lives for children and families in Chicagoland,” said Dan Kotowski, president and CEO of ChildServ, a human services agency that has affiliations with The United Methodist Church. “For the past decade, ChildServ and Wespath have enjoyed a growing partnership, and we are proud to honor Wespath for its work to impact people and promote good in the world.”
Since 1908, Wespath has managed the retirement and health benefits of the denomination’s more than 100,000 active and retired clergy, lay employees and their families through its mission to care for those who serve. Wespath’s investments aim to promote “good” in the world. Its Positive Social Purpose Lending Program helps individuals and communities worldwide, supporting affordable housing, schools, health centers, seniors, social services, job opportunities and microfinance. Last year alone, Wespath invested nearly $87 million to help create or preserve 3,100 affordable housing units in 19 states. Since 1990, Wespath has invested more than $2 billion in positive social purpose investments across the U.S. and around the world.
For 10 years, Wespath employees have personally donated toys and other holiday gifts, as well as backpacks and school supplies, for children in need through ChildServ.
“Wespath is honored to receive this award from ChildServ, in recognition of the work we do to make a difference in the lives of children and families—locally, nationally and across the globe,” said Wespath General Secretary and CEO Barbara Boigegrain. “In addition to our shared Methodist roots, both ChildServ and Wespath share a commitment to serving others.”
Left to right: ChildServ President and CEO Dan Kotowski, Wespath General Secretary and CEO Barbara Boigegrain, and ChildServ Director of Faith and Community Relations Kim Coffing.Wespath received ChildServ’s Lucy Rider Meyer Courage Award in recognition of Wespath’s support for children and adults locally and globally through positive social purpose investments and community service.
About Wespath Benefits and Investments
Wespath Benefits and Investments (Wespath) is a not-for-profit agency that has been serving The United Methodist Church for over a century. In accordance with its fiduciary duties, Wespath administers benefit plans and invests approximately $24 billion in assets for over 100,000 participants and over 100 United Methodist-affiliated institutions. Wespath Benefits and Investments maintains the largest reporting faith-based pension fund in the world, which is among the top 100 pension funds in the United States. Its sustainable investment activities are carried out by Wespath Investment Management, the agency’s investments division.