Articles for tag: Church Loans

The Solomon Foundation Doesn’t Just Believe in this Movement, We Believe in You!

There is no doubt that we at The Solomon Foundation really believe in this movement and that we put our resources and energy to work every day to help the person in a hard and resistant urban environment, the ministry volunteer in a rural church virtually invisible to the world outside of its community, the preacher trying to figure out how to connect more effectively to the community while lifting up the name of Jesus, and the church leadership wanting to reach out to new communities through multi-site. We don’t just believe in this movement; we believe in you! 

3 Funds Committed to Growth

By Darrel Rowland We like to tell people that our brotherhood is among the fastest growing in America and contains far more than its share of megachurches. But there”s a unique factor in how God has blessed the Christian churches/churches of Christ that often gets overlooked: a trio of loan funds that now have a combined $1 billion-plus in assets. “I think it”s just a testament to our movement that it has three strong, vibrant funds,” said Doug Crozier, CEO of the Solomon Foundation and former head of the Church Development Fund (CDF). “As far as I know, there”s not

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,

The Marriage of Resources and Passion

By Bert Crabbe One of the greatest growing challenges for church leaders is to figure out how to put the resources of older churches into the hands of younger ones. And when I say older churches, I mean those that have a building but don”t have enough people or income to keep the lights on. And when I say younger churches, I mean those that are bursting at the seams but can”t yet afford to own property. And yes, I know just because a church is older doesn”t mean it”s dying, and just because it”s younger . . . you

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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