About the Cornerstone Fund

The Cornerstone Fund is a financial institution that serves the United Church of Christ.

We offer short-term fixed rate investments to individuals and UCC churches and organizations, paying an established rate of interest depending on the term the investor selects. Then, we loan out the funds invested with us to established UCC churches and related organizations who are borrowing to make improvements to their building and grounds.

The Cornerstone Fund seeks to protect your investment by making sure our borrowers are well qualified, able to repay their loans on time and in full. We further protect our investors by taking the borrowing church’s property as collateral, much like a home is used as collateral for a mortgage—and we loan no more than 50% of the value of the borrower’s real estate. Investments in the Cornerstone Fund are considered “securities,” similar to investments in the bond market—so investors need to carefully read the prospectus or Offering Circular before investing.

Investments in the Cornerstone Fund help build the church by making sure funds are available to established churches to improve and enhance their properties, which in turn helps to strengthen and expand ministry in communities around the United States.

Established in 1995, the Cornerstone Fund was created to offer loans to local churches and other organizations related to the United Church of Christ for virtually any property-related projectfrom repairing or remodeling an existing structure to acquiring additional land or building a new sanctuary. Working much like a financial institution, the Cornerstone Fund offers interest-bearing investments to United Church of Christ churches and membersand that principal is used in turn to fund loans to other churches and organizations throughout the denomination.

By participating in the Cornerstone Fund, investors enjoy a competitive rate of return, while ensuring funds are always available to churches seeking to make capital improvements. By borrowing from the Cornerstone Fund, churches sustain a ministry that supports the mission of churches across the country.

Addressing the borrowing needs of local congregations

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.

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. 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 organizationsan 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.

The Mission of the Cornerstone Fund

The Cornerstone Fund works to strengthen local churches in the United Church of Christ by offering real estate-secured loans that help churches repair, renovate, and expand their facilities, improve accessibility, refinance real estate debt, and more. Funding loans with investments from churches, organizations, and individuals throughout the denomination, the Cornerstone Fund enables its clients to expand their stewardship by helping to energize established local churches across the country. Through the work accomplished by the Cornerstone Fund, we celebrate and advance the ministry of Jesus Christ, the cornerstone of our faith.