Episcopal Diocese of Virginia is an independent non-profit private foundation based in Richmond, Virginia. The trustees of the funds is a group of individuals charged with oversight of a professionally managed investment portfolio benefiting the churches and organizations of the Diocese of Virginia. The goal of the trustees is to preserve and enhance the real purchasing power of the portfolio while providing a steady and consistent spending stream for the support of fund participants. The investment funds are managed by the board of trustees. The annual council is the main governing body of the Diocese of Virginia.Episcopal Diocese of Virginia's investment portfolio is valued at $83.18 million, with investments in equity, fixed income, hedge fund, real estate, private equity, and cash.