2026-08-28T07:19:13-05:00 2025-10-31 042689883 WOLF & COMPANY PC 255 STATE STREET BOSTON MA 02109 990 2024-11-01 237103106 DIOCESAN INVESTMENT TRUST OF THE DIOCESE OF LOS ANGELES DIOC 2134822040 840 ECHO PARK AVENUE LOS ANGELES CA 90026 LYNNE BRICKNER TREASURER 2134822040 2026-08-27 1 0 KAREN S NG P01067482 6174399700 2026-08-27 2024 RT REV JOHN H TAYLOR 840 ECHO PARK AVENUE LOS ANGELES CA 90026 25225792 0 X WWW.LADIOCESE.ORG X 1949 CA THE PURPOSE OF THE TRUST IS TO PROVIDE AN INVESTMENT FUND FOR VARIOUS PROTESTANT EPISCOPAL CHURCHES AND ORGANIZATIONS IN THE DIOCESE OF LOS ANGELES AND THE DIOCESE OF SAN DIEGO. 9 8 0 8 84 0 0 0 0 0 325456 992154 0 0 325456 992154 0 0 0 0 0 0 0 0 0 217045 274667 217045 274667 108411 717487 48895924 54486446 438065 424596 48457859 54061850 THE PURPOSE OF THE TRUST IS TO PROVIDE AN INVESTMENT FUND FOR VARIOUS PROTESTANT EPISCOPAL CHURCHES AND ORGANIZATIONS IN THE DIOCESE OF LOS ANGELES AND THE DIOCESE OF SAN DIEGO. 0 0 163316 THE TRUST PROVIDES A WELL DIVERSIFIED INVESTMENT VEHICLE FOR THE PROTESTANT EPISCOPAL CHURCHES AND ORGANIZATIONS OF THE DIOCESE OF LOS ANGELES AND THE DIOCESE OF SAN DIEGO TO INVEST THEIR FUNDS. THE INVESTMENT FUNDS IN WHICH THE TRUST INVESTS RETAINS THE INCOME AND AS SUCH THE TRUST EARNS APPRECIATION AS WELL AS CURRENT INVESTMENT INCOME. 163316 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X LYNNE BRICKNER 3107136161 840 ECHO PARK AVE LOS ANGELES CA 90026 X X THE RT REV JOHN HARVEY TAYLOR PRESIDENT/TRUSTEE 1.00 X X 0 0 0 DONALD HALL TRUSTEE 1.00 X 0 0 0 JOHN BRUNSON TRUSTEE/VICE PRESIDENT 1.00 X X 0 0 0 LYNNE M O BRICKNER TREASURER/TRUSTEE 1.00 X X 0 0 0 RYAN HARLOW-NAKANO TRUSTEE 1.00 X 0 0 0 PETER REINKE TRUSTEE 1.00 X 0 0 0 PETER BROCKETT TRUSTEE 1.00 X 0 0 0 ARTUR GRIGORIAN TRUSTEE 1.00 X 0 0 0 ANDREW TOMAT TRUSTEE/SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 130857 84 130773 25094935 24233638 861297 861297 861297 992154 0 84 992070 81915 81915 50430 50430 ADMIN FEE - ULTIMUS 93843 93843 ADMIN FEE - DIOCESE 29167 29167 ADMIN FEE - NRS 19043 19043 MISCELLANEOUS EXPENSES 269 269 274667 163316 111351 0 0 34961 164807 0 12298 2914 48718819 54448571 48895924 54486446 102604 111961 335461 312635 438065 424596 X 48457859 54061850 0 0 0 0 48457859 54061850 48895924 54486446 X 717487 5492636 -606132 X X 0 1 X 1 0 X X 1 THE PROTESTANT EPISCOPAL CHURCH IN THE DIOCESE OF LOS ANGELES 951684078 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 LONG TERM INVESTMENT FUND 42004561 F DIT ENDOWMENT FUND 12444010 F 54448571 PAYABLE FOR TRUST SHS SURRENDE 312635 312635 X 6484790 5492636 5492636 992154 0 992154 274667 0 274667 0 274667 PART X, LINE 2: THE TRUST IS EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. THE TRUST INVESTED IN CERTAIN PARTNERSHIPS THAT INVESTED IN INVESTMENTS SUBJECT TO IMMATERIAL UNRELATED BUSINESS INCOME TAX DURING THE YEARS ENDED OCTOBER 31, 2025 AND OCTOBER 31, 2024. ACCORDINGLY, NO PROVISION FOR FEDERAL AND CALIFORNIA INCOME TAX IS NECESSARY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE TRUST MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE CALIFORNIA FRANCHISE TAX BOARD. THE TRUST HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST, AND HAS CONCLUDED THAT AS OF OCTOBER 31, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE TRUST IS CURRENTLY OPEN TO AUDIT UNDER THE APPLICABLE STATUTES OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED OCTOBER 31, 2022 THROUGH 2025 AND BY STATE TAXING AUTHORITIES FOR THE YEARS ENDED OCTOBER 31, 2021 THROUGH 2025. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF TRUSTEES VOTE AND MAKE GOVERNING DECISIONS AT THEIR ANNUAL MEETING. THE CHURCHES IN THIS DIOCESE ASSEMBLE IN AN ANNUAL MEETING OF CONVENTION IN EACH CALENDAR YEAR COMMENCING ON A DATE ANNOUNCED OR PROVIDED FOR AT THE ANNUAL MEETING OF THE PREVIOUS YEAR. THE CONVENTION IS COMPOSED OF MEMBERS OF THE CLERGY AND MEMBERS OF THE LAITY AND IT VOTES FOR FOUR OF THE NINE MEMBERS OF THE GOVERNING BOARD. THE BISHOP OF THE DIOCESE OF LOS ANGELES IS THE FIFTH TRUSTEE, WHO HOLDS THE EX-OFFICIO POSITIONS OF TRUSTEE AND PRESIDENT OF THE ORGANIZATION. THE BISHOP IS ELECTED BY CONVENTION. THE FOUR OTHER TRUSTEES ARE ELECTED BY THE FIVE TRUSTEES ELECTED BY THE ANNUAL MEETING OF CONVENTION AND THE OTHER TRUSTEES THEN SERVING. EACH TRUSTEE, EXCEPT FOR THE BISHOP OF THE EPISCOPAL DIOCESE OF LOS ANGELES, SERVES FOR A STAGGERED FOUR-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7A SEE DISCLOSURE FOR LINE 6 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER SIGNS THE FORM 990, AS AUTHORIZED BY THE AUDIT COMMITTEE FOLLOWING THE REVIEW OF THE FORM 990 BY THE BOARD OF TRUSTEES FOR AT LEAST FIVE BUSINESS DAYS AND APPROVAL BY THE BOARD OF TRUSTEES OR BY THE AUDIT COMMITTEE AS DELEGATED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE OF CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST IS REQUIRED. AFTER SUCH DISCLOSURE, TRUSTEE SHALL RECUSE HIM/HERSELF FROM THE GOVERNING BOARD WHILE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF THERE IS REASONABLE CAUSE TO BELIEVE THAT A TRUSTEE HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, THE BOARD SHALL INFORM THE TRUSTEE OF THE BASIS FOR SUCH BELIEF AND AFFORD THE TRUSTEE AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 NO OFFICER OR TRUSTEES IS BEING COMPENSATED FOR THEIR TIME DEVOTED TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING ORGANIZATIONAL DOCUMENTS OF THE ORGANIZATION WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: INTERNAL REVENUE SERVICE DETERMINATION LETTER ARTICLES OF INCORPORATION BY-LAWS CONFLICT OF INTEREST POLICY AUDITED FINANCIAL STATEMENTS(MOST RECENT) FORM 990 PART VII, SECTION A (F) - RELATED COMPENSATION THE TRUSTEES OF THE ORGANIZATION ARE VOLUNTEERS. ONE TRUSTEE IS AN EX-OFFICIO TRUSTEE AND PRESIDENT AND SERVES AS THE BISHOP OF THE EPISCOPAL DIOCESE OF LOS ANGELES AND HE IS COMPENSATED BY THE DIOCESE OF LOS ANGELES FOR HIS SERVICE AS CLERGY. THE EPISCOPAL DIOCESE OF LOS ANGELES IS AN INVESTOR IN THE FUNDS SPONSORED BY THE ORGANIZATION, AND ALSO PROVIDES DAY TO DAY ACCOUNTING AND ADMINISTRATIVE SERVICES TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: PROCEEDS FROM SHARES ISSUED 10,495,297. DISTRIBUTIONS FOR SURRENDERING OF SHARES -11,101,429. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. THE PROTESTANT EPISCOPAL CHURCH IN THE DIOCESE OF LOS ANGELES 840 ECHO PARK AVENUE LOS ANGELES CA 90026 951684078 CHURCH CA 501(C)(1) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THE PROTESTANT EPISCOPAL CHURCH IN THE DIOCESE OF LOS ANGELES M 29167 FMV WILSHIRE NON US EQUITY FD 4005 KENNETT PIKE GREENVILLE DE 19807 452908129 INVESTMENT DE 0 174460 5345905 0 0 0.08100 WILSHIRE REAL ASSETS FUND 4005 KENNETT PIKE GREENVILLE DE 19807 452906859 INVESTMENT DE 0 581675 7884521 0 0 0.07670 WILSHIRE US EQUITY FUND 4005 KENNETT PIKE GREENVILLE DE 19807 452908090 INVESTMENT DE 0 1585109 9597605 0 0 0.10730 WILSHIRE CORE FIXED INCOME FUND 4005 KENNETT PIKE GREENVILLE DE 19807 452906732 INVESTMENT DE 0 -365994 8597183 0 0 0.03280 WILSHIRE DIVERSIFIED CREDIT FURN 4005 KENNETT PIKE GREENVILLE DE 19807 452906821 INVESTMENT DE 0 475306 11666491 0 0 0.05390