Mission, impact, security
Why religious groups invest in the Community Loan Fund
Furthering mission: Religious organizations serve their communities in numerous ways, including charitable contributions. Many religious groups have come to realize they can do more: By investing a portion of their endowment or treasury in the Community Loan Fund, they deepen their mission by putting their money to work for low- and moderate-income families and communities, while continuing to grow their fund’s balance.
Community impact: Religious organizations see an investment in the Community Loan Fund as an efficient and meaningful way of supporting New Hampshire families by helping to create and preserve housing, jobs and child care.
A tradition of religious support: The very first lenders to the Community Loan Fund were the Sisters of Mercy, back in 1984. Currently, 58 congregations and orders representing nearly a dozen denominations invest in us.
Risk: This is an unsecured investment. It is not insured by the FDIC, nor by any governmental or private entity. Investments with the Community Loan Fund are not liquid assets: They cannot be redeemed or traded before maturity. While the Community Loan Fund has not lost any lender's funds, past performance is no guarantee of future performance.
Benefit: Your funds are added to our approximately $75-million lending pool: The risk is shared, and an investor’s funds will not be dedicated to any single project or sector. Religious organizations appreciate that the Community Loan Fund has an unblemished record of repayment to investors – through good and bad economic times. Investments in the Community Loan Fund are protected by our significant permanent capital and our excellent history of repayment from borrowers.
Nationally recognized: The Community Loan Fund has received the highest national honor in our field: the Wachovia NEXT Award for Opportunity Finance. We have consistently received a sterling AAA+2 rating from Aeris, the national rating service for community investing, which measures community impact and financial soundness.
Your choice of terms: Religious organizations can choose loan terms as short as one year or as long as 25 years and a fixed-rate annual simple interest return of up to 1% for loans of one or two years, up to 2% for loans of three or four years, up to 3% for loans of five or six years, up to 4% for loans of seven to nine years, and up to 5% for loans of 10 years or longer.
Uncorrelated investment: Investments in the Community Loan Fund are straightforward and are uncorrelated to traditional fixed-income instruments. Investors earn annual interest, and their principal remains whole regardless of the ups and downs of the bond market.
Fixed maturity date: Your investment will have a fixed maturity date that can be renewed or paid out upon maturity, at your discretion.
Custom reporting: We are happy to send you quarterly and annual reports that most effectively meet your requirements.
Next steps: To discuss how your organization can invest in the Community Loan Fund, please contact Debby Miller.