The Mennonite Church founded Everence (then MMA) in 1945, seeking to integrate faith and values into the investment platform. Everence Capital Management, Inc., is the advisor for the Praxis Mutual Funds.
Everence was known as MMA Capital Management until November 1, 2010, when it was rebranded.
Praxis Funds was launched in 1994, born out of "socially responsible investing (SRI)." They currently have 5 funds, 4 equity and 1 fixed income, as well as 3 funds of funds.