Articles for tag: Church Extension Fund

IN THE ARENA: Should Churches Embrace and Utilize Debt? (YES)

By Matt Merold There are benefits that come when a church uses debt. Rich and wise Solomon, who wrote some of the strongest warnings against debt, took out a 20-year loan of sorts to help build God’s temple (1 Kings 9:10, 11). Certainly the Bible cautions us about being in debt. Scripture describes what may happen if we borrow money and fail to pay it back. Most of the counsel about financial debt in Scripture paints a picture of the rich exploiting the poor. However, it doesn’t say much about those who calculate the cost, take out a loan, and

Restoration Movement Media Announces Christian Standard Media Publisher Transition

PARKER, CO””The president of Restoration Movement Media, Doug Crozier, along with its board is very pleased to announce the next chapter of leadership for Christian Standard Media. Jerry Harris, senior pastor of The Crossing based in Quincy, Illinois, has been named the new publisher of CHRISTIAN STANDARD and The Lookout magazines. He will serve in this role while continuing his leadership at The Crossing. The transition coincides with the retirement of the current publisher, Mark A. Taylor, on June 30, 2017. “Mark Taylor has faithfully served in a variety of roles at Christian Standard Media, formerly Standard Publishing, for more

New Owners for Christian Standard Media

Parker, Colorado February 13, 2017 The Solomon Foundation (TSF), a church extension fund serving the Christian churches and churches of Christ with headquarters in Parker, Colorado, has acquired Christian Standard Media, according to TSF chief executive officer Doug Crozier. Christian Standard Media consists of The Lookout and Christian Standard magazines. “Christian Standard and The Lookout, so important to the Christian churches and churches of Christ for 15 decades, are now residing where they belong,” Crozier said, “with a ministry also committed to the congregations in this fellowship.” “We’re delighted by this opportunity to grow in our service to the churches,”

Solomon Foundation Offering Church Loans

By Jennifer Taylor The Solomon Foundation, a new church extension fund for the Christian churches and churches of Christ, launched several months ago with headquarters in Englewood, CO. Doug Crozier, formerly president of Church Development Fund (Irvine, CA), serves as chief executive officer of the new organization. Crossroads Christian Church (Grand Prairie, TX) and Christ”s Church of the Valley (Peoria, AZ) worked with Crozier and his team to fund the development and launch of the foundation. Leaders from Mount Pleasant Christian Church (Greenwood, IN), Real Life Ministries (Post Falls, ID), The Crossing (Quincy, IL), and Churchill Meadows Christian Church (Toronto,

Church Loans, Risky Loans?

  by Darrel Rowland It”s not weakness in the stock market or real estate sales that concerns Doug Crozier the most about whether churches can repay their loans from the Church Development Fund.  It”s weakness of the flesh. “This current economic scenario scares me, but my biggest risk in making loans to churches is moral failure in the pulpit, not economic bad times,” says Crozier, CDF president. The Church Development Fund, based in California, currently has about 450 loans worth $650 million for Restoration Movement facilities in 41 states. Most are church buildings, although the list includes a handful of

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