FOR IMMEDIATE RELEASE
DATE: September 8, 2025
CONTACT:
Heather Moyer, Cornerstone Fund
443-418-4653; hmoyer@cornerstonefund.org
Cornerstone Fund and Trinity Church New York Announce Ground-Breaking Partnership Offering Millions for Church and Faith-Based Projects
This week the Cornerstone Fund and Trinity Church New York announced a partnership that will create more than $23 million in low-cost financing for churches and other faith-based organizations throughout the United States creating change in their communities.
Named Good Soil Fund, based on the Biblical Parable of the Sower, this partnership provides a $2.3 million investment from Trinity Church that the Cornerstone Fund will use, along with other sources of capital, to multiply the investment ten-fold, creating more than $23 million in impacts via churches and other faith-based organizations.
“But the seed falling on good soil refers to someone who hears the word and understands it. This is the one who produces a crop, yielding a hundred, sixty or thirty times what was sown.” (Matt 13:23)
“The Cornerstone Fund is thrilled to partner with such a missionally aligned organization as Trinity Church New York on this very important work of utilizing church property to create sustainable community impact” said Maria Coyne, President and CEO of the Cornerstone Fund.
“The Cornerstone Fund has long expertise in lending to churches and other faith-based organizations for projects that do everything from simply enhancing the spiritual home and allowing the church to better serve its community, to ‘creation care’ projects that assist in lowering the property’s carbon footprint, to projects which provide food or shelter all by providing creative and often gap-filling borrowing solutions.”
Loans include lines of credit, bridge financing, pre-development and construction financing, and permanent financing for mission real estate development projects.
To qualify for Good Soil Fund financing, projects should involve a real estate development that generates social impact while building financial capacity to support ministry. Developments may include difficult to finance projects such as low-density housing, transitional housing for vulnerable populations such as refugees, immigrants, returning citizens, and LGBTQIA+ youth, and projects supporting community education, social services, health and economic development, among many others.
“This partnership creates a critical source of flexible capital to help churches advance their real estate projects from pre-development through construction and operation, ” said Rev. James Clark III, managing director of Mission Real Estate Development at Trinity Church New York.
Churches and other faith-based organizations interested in more information about these loans or finding out about investing in the Cornerstone Fund should contact info@cornerstonefund.org or 888-822-3863 or visit our website at cornerstonefund.org
About the Cornerstone Fund
Founded in 1993, the United Church of Christ Cornerstone Fund’s mission is joining together in faith to invest in and build community. The Cornerstone Fund is a non-profit financial institution that offers investments for individuals, churches, and faith-based non-profit organizations. The Cornerstone Fund then loans those funds directly to other churches and faith-based non-profit organizations for projects that create change in their communities.
About Trinity Church
Trinity Church is an Episcopal parish in New York City founded in 1697. We work for justice, serve our neighbors, and bring people together to experience God’s love in community. Trinity’s outreach in the city includes 20 weekly worship services, food assistance seven days a week for people in need, support for asylum seekers, housing for the elderly and people living with disabilities, youth programs, and a wide array of free music and educational events throughout the year. The church also supports communities and ministries serving the world in Africa, Asia, and across the Americas.