What is the purpose of the Investment Program?

The Investment Program exists to provide a financial base for the Church Extension Loan Fund.  The loan fund, in turn, issues loans to churches and organizations through an approved application process. As each loan is repaid, those funds again can be loaned to other churches to provide a perpetual source of funds.

What is the plan of the Church Extension Loan Fund?

Investment Notes are offered at varied rates of interest. These notes of any amount are available to persons interested in advancing Home Missions while at the same time earning a competitive rate of interest on their investment.

What is the relationship of the Church Extension Loan Fund Investment Program to the National Home Missions Board?

The Church Extension Loan Fund Program is within the framework of the National Home Mission Board. The same Board serves both corporations. However, the CELF Program is a separate legal entity and is responsible for its transactions, assets, and liablities.

Who owns and manages the Investment Program?

Like other denominational ministries, the CELF Investment Program is operated by the Board of Trustees and officers of the corporation.