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The Cornerstone Story
For years, churches were frustrated when they sought a building loan from the local bank. Uncomfortable with pledges and faith-based budgeting, lending institutions were reluctant to lend to local churches. So plans to update facilities were put on hold for months, even years, and outreach suffered as building enhancements were delayed until enough money could be collected to pay for improvements with cash.
Addressing the borrowing needs of local congregations
Recognizing the need for a loan resource that would help established local churches keep pace with their building needs, the United Church of Christ created the Cornerstone Fund in 1993. At last, churches could repair the roof, install an elevator, expand the sanctuary, or add an education wing. With a loan from the Cornerstone Fund, a church can begin construction quickly, repaying the loan as capital campaign and other contributions are received.
Building ministry across the wider church
To provide loans to local churches, the Cornerstone Fund offers investments to United Church of Christ members, churches and organizations - an array of investment instruments, much like those offered by banks and savings institutions. The big difference, however, is their purpose: investments in the Cornerstone Fund build ministry by providing loans for church buildings.
For more than a decade, individuals and churches across the United States have found Cornerstone Fund investments an ideal way to fulfill their financial goals while supporting the mission of the wider church. From kids to Conferences, investors have earned attractive returns on college savings, Individual Retirement Accounts, endowments, cemetery funds, and more. With an array of maturities and highly competitive rates of return, Cornerstone Fund investments suit almost every financial goal — and enable churches to improve their facilities and expand their ministries. |
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| © 2008 Cornerstone Fund | Investing from the heart, building for the future.™
This is neither an offer to sell nor a solicitation of an offer to invest. The offer is made only by the offering circular. |
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