497

EXPLANATORY NOTE

These materials provide, in interactive data format using the eXtensible Business Reporting Language, information included in a supplement dated October 1, 2012 and electronically filed with the SEC pursuant to Rule 497(e) under the Securities Act of 1933, as amended (“1933 Act”) (SEC Accession No. 0001104659-12-066731) to the definitive version of the Registrant’s prospectus regarding the New Covenant Balanced Growth and New Covenant Balanced Income Funds, dated October 28, 2011, as supplemented April 23, 2012, and electronically filed with the SEC pursuant to Rule 485(b) under the 1933 Act on October 28, 2011 (SEC Accession No. 0000894189-11-004837).

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Prospectus Date

rr_ProspectusDate

Apr. 23, 2012

New Covenant Balanced Income Fund (Prospectus Summary): | New Covenant Balanced Income Fund

Risk/Return:

rr_RiskReturnAbstract

Risk/Return, Heading

rr_RiskReturnHeading

New Covenant Balanced Income Fund

Supplement Text

ck0001070222_SupplementTextBlock

NEW COVENANT FUNDS

New Covenant Growth Fund
New Covenant Income Fund
New Covenant Balanced Growth Fund
New Covenant Balanced Income Fund
(the "Funds")

Supplement Dated October 1, 2012
to the Prospectus Dated October 28, 2011, as Supplemented April 23, 2012

This Supplement provides new and additional information beyond that contained in the Prospectus, and should be read in conjunction with such Prospectus.

The Prospectus is hereby amended and supplemented to reflect the following changes.

Changes to the Annual Fund Operating Expenses of the New Covenant Balanced Income Fund

The Annual Fund Operating Expenses table and succeeding Example in the New Covenant Balanced Income Fund Summary Section are amended as follows:

Operating Expenses, Caption

rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  

Expenses, Restated to Reflect Current

rr_ExpensesRestatedToReflectCurrent

The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED INCOME FUND.

Expenses, Not Correlated to Ratio Due to Acquired Fund Fees

rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees

The Total Annual Fund Operating Expenses for the BALANCED INCOME FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED INCOME FUND and does not include AFFE.

Expense Example, Heading

rr_ExpenseExampleHeading

Example  

Expense Example, Narrative

rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the BALANCED INCOME FUND with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 for the time periods indicated; you redeem all of your shares at the end of the time periods; your investment has a hypothetical 5% return each year and the BALANCED INCOME FUND's operating expenses remain the same.

Expense Example, By Year, Caption

rr_ExpenseExampleByYearCaption

Although your actual costs may be higher or lower, based on the above assumptions, your costs for the BALANCED INCOME FUND would be:

New Covenant Balanced Income Fund | New Covenant Balanced Income Fund

Risk/Return:

rr_RiskReturnAbstract

Trading Symbol

dei_TradingSymbol

NCBIX

Management Fees

rr_ManagementFeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.34%

Acquired Fund Fees and Expenses ("AFFE")

rr_AcquiredFundFeesAndExpensesOverAssets

0.88%

^[1]

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.22%

^[2]

Expense Example, With Redemption, 1 Year

rr_ExpenseExampleYear01

124

Expense Example, With Redemption, 3 Years

rr_ExpenseExampleYear03

387

Expense Example, With Redemption, 5 Years

rr_ExpenseExampleYear05

670

Expense Example, With Redemption, 10 Years

rr_ExpenseExampleYear10

1,477

[1] The Total Annual Fund Operating Expenses for the BALANCED INCOME FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED INCOME FUND and does not include AFFE. AFFE are those expenses incurred indirectly by the BALANCED INCOME FUND as a result of investments in shares of one or more investment companies (referred to as "Acquired Funds"). With regard to the BALANCED INCOME FUND, these expenses include the expenses of the underlying funds in which it invests, i.e. , the GROWTH FUND and the INCOME FUND.

[2] The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED INCOME FUND.

XML

New Covenant Balanced Growth Fund (Prospectus Summary): | New Covenant Balanced Growth Fund

New Covenant Balanced Growth Fund

NEW COVENANT FUNDS

New Covenant Growth Fund
New Covenant Income Fund
New Covenant Balanced Growth Fund
New Covenant Balanced Income Fund
(the "Funds")

Supplement Dated October 1, 2012
to the Prospectus Dated October 28, 2011, as Supplemented April 23, 2012

This Supplement provides new and additional information beyond that contained in the Prospectus, and should be read in conjunction with such Prospectus.

The Prospectus is hereby amended and supplemented to reflect the following changes.

Changes to the Annual Fund Operating Expenses of the New Covenant Balanced Growth Fund

The Annual Fund Operating Expenses table and succeeding Example in the New Covenant Balanced Growth Fund Summary Section are amended as follows:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  

Annual Fund Operating Expenses		New Covenant Balanced Growth Fund
Management Fees		none
Other Expenses		0.32%
Acquired Fund Fees and Expenses ("AFFE")	[1]	0.93%
Total Annual Fund Operating Expenses	[2]	1.25%

Example  

This Example is intended to help you compare the cost of investing in the BALANCED GROWTH FUND with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 for the time periods indicated; you redeem all of your shares at the end of the time periods; your investment has a hypothetical 5% return each year and the BALANCED GROWTH FUND's operating expenses remain the same.

Although your actual costs may be higher or lower, based on the above assumptions, your costs for the BALANCED GROWTH FUND would be:

Expense Example (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
New Covenant Balanced Growth Fund	127	397	686	1,511

[1] The Total Annual Fund Operating Expenses for the BALANCED GROWTH FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED GROWTH FUND and does not include AFFE. AFFE are those expenses incurred indirectly by the BALANCED GROWTH FUND as a result of investments in shares of one or more investment companies (referred to as "Acquired Funds"). With regard to the BALANCED GROWTH FUND, these expenses include the expenses of the underlying funds in which it invests, i.e. , the GROWTH FUND and the INCOME FUND.

[2] The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED GROWTH FUND.

XML

New Covenant Balanced Income Fund (Prospectus Summary): | New Covenant Balanced Income Fund

New Covenant Balanced Income Fund

NEW COVENANT FUNDS

New Covenant Growth Fund
New Covenant Income Fund
New Covenant Balanced Growth Fund
New Covenant Balanced Income Fund
(the "Funds")

Supplement Dated October 1, 2012
to the Prospectus Dated October 28, 2011, as Supplemented April 23, 2012

This Supplement provides new and additional information beyond that contained in the Prospectus, and should be read in conjunction with such Prospectus.

The Prospectus is hereby amended and supplemented to reflect the following changes.

Changes to the Annual Fund Operating Expenses of the New Covenant Balanced Income Fund

The Annual Fund Operating Expenses table and succeeding Example in the New Covenant Balanced Income Fund Summary Section are amended as follows:

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  

Annual Fund Operating Expenses		New Covenant Balanced Income Fund
Management Fees		none
Other Expenses		0.34%
Acquired Fund Fees and Expenses ("AFFE")	[1]	0.88%
Total Annual Fund Operating Expenses	[2]	1.22%

Example  

This Example is intended to help you compare the cost of investing in the BALANCED INCOME FUND with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 for the time periods indicated; you redeem all of your shares at the end of the time periods; your investment has a hypothetical 5% return each year and the BALANCED INCOME FUND's operating expenses remain the same.

Although your actual costs may be higher or lower, based on the above assumptions, your costs for the BALANCED INCOME FUND would be:

Expense Example (USD $)	Expense Example, With Redemption, 1 Year	Expense Example, With Redemption, 3 Years	Expense Example, With Redemption, 5 Years	Expense Example, With Redemption, 10 Years
New Covenant Balanced Income Fund	124	387	670	1,477

[1] The Total Annual Fund Operating Expenses for the BALANCED INCOME FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED INCOME FUND and does not include AFFE. AFFE are those expenses incurred indirectly by the BALANCED INCOME FUND as a result of investments in shares of one or more investment companies (referred to as "Acquired Funds"). With regard to the BALANCED INCOME FUND, these expenses include the expenses of the underlying funds in which it invests, i.e. , the GROWTH FUND and the INCOME FUND.

[2] The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED INCOME FUND.

XML

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Document Type	dei_DocumentType	Other
Document Period End Date	dei_DocumentPeriodEndDate	Oct. 01, 2012
Registrant Name	dei_EntityRegistrantName	NEW COVENANT FUNDS
Central Index Key	dei_EntityCentralIndexKey	0001070222
Amendment Flag	dei_AmendmentFlag	false
Document Creation Date	dei_DocumentCreationDate	Oct. 01, 2012
Document Effective Date	dei_DocumentEffectiveDate	Oct. 01, 2012
Prospectus Date	rr_ProspectusDate	Apr. 23, 2012

XML

Label

Element

Value

Risk/Return:

rr_RiskReturnAbstract

Prospectus Date

rr_ProspectusDate

Apr. 23, 2012

New Covenant Balanced Growth Fund (Prospectus Summary): | New Covenant Balanced Growth Fund

Risk/Return:

rr_RiskReturnAbstract

Risk/Return, Heading

rr_RiskReturnHeading

New Covenant Balanced Growth Fund

Supplement Text

ck0001070222_SupplementTextBlock

NEW COVENANT FUNDS

New Covenant Growth Fund
New Covenant Income Fund
New Covenant Balanced Growth Fund
New Covenant Balanced Income Fund
(the "Funds")

Supplement Dated October 1, 2012
to the Prospectus Dated October 28, 2011, as Supplemented April 23, 2012

This Supplement provides new and additional information beyond that contained in the Prospectus, and should be read in conjunction with such Prospectus.

The Prospectus is hereby amended and supplemented to reflect the following changes.

Changes to the Annual Fund Operating Expenses of the New Covenant Balanced Growth Fund

The Annual Fund Operating Expenses table and succeeding Example in the New Covenant Balanced Growth Fund Summary Section are amended as follows:

Operating Expenses, Caption

rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  

Expenses, Restated to Reflect Current

rr_ExpensesRestatedToReflectCurrent

The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED GROWTH FUND.

Expenses, Not Correlated to Ratio Due to Acquired Fund Fees

rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees

The Total Annual Fund Operating Expenses for the BALANCED GROWTH FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED GROWTH FUND and does not include AFFE.

Expense Example, Heading

rr_ExpenseExampleHeading

Example  

Expense Example, Narrative

rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the BALANCED GROWTH FUND with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 for the time periods indicated; you redeem all of your shares at the end of the time periods; your investment has a hypothetical 5% return each year and the BALANCED GROWTH FUND's operating expenses remain the same.

Expense Example, By Year, Caption

rr_ExpenseExampleByYearCaption

Although your actual costs may be higher or lower, based on the above assumptions, your costs for the BALANCED GROWTH FUND would be:

New Covenant Balanced Growth Fund | New Covenant Balanced Growth Fund

Risk/Return:

rr_RiskReturnAbstract

Trading Symbol

dei_TradingSymbol

NCBGX

Management Fees

rr_ManagementFeesOverAssets

none

Other Expenses

rr_OtherExpensesOverAssets

0.32%

Acquired Fund Fees and Expenses ("AFFE")

rr_AcquiredFundFeesAndExpensesOverAssets

0.93%

^[1]

Total Annual Fund Operating Expenses

rr_ExpensesOverAssets

1.25%

^[2]

Expense Example, With Redemption, 1 Year

rr_ExpenseExampleYear01

127

Expense Example, With Redemption, 3 Years

rr_ExpenseExampleYear03

397

Expense Example, With Redemption, 5 Years

rr_ExpenseExampleYear05

686

Expense Example, With Redemption, 10 Years

rr_ExpenseExampleYear10

1,511

[1] The Total Annual Fund Operating Expenses for the BALANCED GROWTH FUND do not correlate to the "Ratio of expenses to average net assets, excluding waivers" provided in the Financial Highlights section of this Prospectus, which reflects the operating expenses of the BALANCED GROWTH FUND and does not include AFFE. AFFE are those expenses incurred indirectly by the BALANCED GROWTH FUND as a result of investments in shares of one or more investment companies (referred to as "Acquired Funds"). With regard to the BALANCED GROWTH FUND, these expenses include the expenses of the underlying funds in which it invests, i.e. , the GROWTH FUND and the INCOME FUND.

[2] The expense information in this table has been restated to reflect the current fees and expenses of the BALANCED GROWTH FUND.