Finance-DIT
Finance
The MSF Assessment is calculated as a percentage of a congregation’s Normal Operating Income (NOI) from two years prior – 12% for parishes and 10% for mission congregations.
Previously, NOI was easily identified by looking at Line A of the financial section of the Parochial Report. Starting with the 2024 PR, financial reporting has changed and no longer provides an easy NOI snapshot.
Instead, the Finance office has prepared this form to help congregations easily calculate their 2026 MSF assessment. Please reach out to finance@ladiocese.org with any questions.
Mission Share Fund
The Mission Share Fund (MSF) consists of contributions from individual congregations of the Diocese of Los Angeles for the collective ministry of the Diocese. It provides for ministries that are best carried out at a diocesan level; funds outreach and formation, mission and congregational development, New Community ministries, stewardship and care; staffs the offices of Advancement, and Formation and Transition Ministry; maintains Episcopal facilities and grounds; and provides EDLA’s 15% annual contribution to The Episcopal Church.
By contributing to the Mission Share Fund, each congregation takes part in the ministry of the whole Diocese, the church-wide program and the Anglican Communion. The Church is a community: the Diocese, every congregation and every parishioner has obligations that must be fulfilled. Just as the Diocese fulfills its obligations to the Episcopal Church and its church-wide program helps to support the Anglican Communion, each congregation is called to contribute fully to the Mission Share Fund.
Each congregation gives to the Diocese a percentage of the income it receives from parishioners’ pledges and from money offered at worship services, also known as NOI (normal operating income). At a special meeting on September 14, 1996, Diocesan Convention resolved that the asking formula for giving by parishes be 15% of NOI, with a minimum level of 12%. Mission congregations give 10% of their pledge and plate income. Contributing to the Mission Share Fund is not optional—each congregation is required to give. Some parishes have reached or exceeded the 15% goal.
If you have questions or require assistance, please email finance@ladiocese.org
- MSF Standard of Giving
- Chancellor’s Memorandum re Assessments
- MSF Waiver Application
- Calculating your 2026 MSF Assessment
Financial Audits
Financial audits are due to the diocese annually by September 1. Audits must include a certificate or report of the audit as well as the audited financials, including but not limited to the year-end balance sheet and profit & loss statements. (Diocesan C&C, Canon VI, section 6.02)
Click the “Annual Financial Audits” button above for more information about audits, to download the Congregation Audit Workbook, and to upload your audit documentation.
Insurance Information
The Rev. Susan Stanton
213.482.2040, ext. 233 | sstanton@ladiocese.org
Ms. Martha Macias
213.482.2040, ext. 268 | mmacias@ladiocese.org
Canon Dan Valdez
treasurer@ladiocese.org
Ms. Carla Burgess
213.482.2040, ext. 229 | cburgess@ladiocese.org
Ms. Melania Garibay
213.482.2040, ext. 214 | mgaribay@ladiocese.org
Ms. Julie Kelly
213.482.2040, ext. 227 | jkelly@ladiocese.org
Diocesan Investment Trust
Address DIT inquiries to DITLA@ultimusfundsolutions.com
Access the DIT account portal (opens in a new tab)
About the Trust
The Episcopal Diocese of Los Angeles Diocesan Investment Trust (DIT) was created in 1949 as a valuable service offered to diocesan congregations and institutions. It has been used over time to relieve local churches and church affiliates of the burden and worry of oversight of monies which need to last and grow over time for the church’s purposes.
Approximately 150 shareholders representing a variety of churches and church institutions are invested in the DIT. The account size ranges from hundreds to millions of dollars. Transactions in or out are restricted to the end of each calendar month.
Congregations and institutions with investments in DIT are requested to use a special email address – DITLA@ultimusfundsolutions.com – or to call (800) 700-9929 between 5:00 a.m. and 3:00 p.m. Pacific Time for questions about their DIT accounts.
Ultimus Fund Solutions is one of the largest fund administration firms in the country. To facilitate a prompt response, DIT investors are served by staff at their Cincinnati, Ohio support center at the email and phone number above.
The client access portal requires your account name and password to log in. Access the DIT account portal (opens in a new tab).
Download the DIT Long-Term Fund at a Glance (PDF, opens in a new tab)
Other inquiries, including requests for enrollment, may be directed to the volunteer DIT Trustees at DIT@ladiocese.org.