Mission Investment Funds: A Guide To Impactful Philanthropy

Mission Investment Funds are financial ministries that support the establishment and growth of congregations and affiliated ministries by providing financing for building projects. They also offer socially responsible investment products to individuals and ministries, with proceeds funding the loan program and providing investors with financial returns. Mission-related investments (MRIs) are a type of financial tool used by foundations to place their assets in service of their mission or impact. MRIs are typically risk-adjusted, market-rate investments made from a foundation's endowment to advance its mission across asset classes and issue areas.

Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA)

The Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA). It is a source of financing for ELCA congregations, ministries, and individuals, offering loans and investment opportunities. MIF supports the establishment and growth of congregations and other church-affiliated ministries by providing financing for building projects, land purchases, and refinancing.

MIF offers competitive rates and terms on its loans and has a wealth of expertise in church building and finance. As a ministry of the ELCA, MIF is guided by values rooted in Christian faith and Lutheran traditions. It is committed to integrity, customer focus, inclusion, diversity, and faithful stewardship.

In addition to loans, MIF offers socially responsible investment products to both individuals and ministries. These investments fund the loan program and provide investors with financial returns. MIF also works closely with the ELCA Federal Credit Union (FCU), which offers financial products and services to members, pastors, congregations, synods, affiliated ministries, and their employees.

MIF's strong financial position has enabled it to give back to the church. Over the last five years, it has provided approximately $8 million in support to new and renewing congregations and $5 million to established congregations, synods, and ELCA-related ministries. MIF is committed to helping build a stronger, more vibrant church and supporting ministry work.

MIF supports congregations and ministries with financing for building projects

The Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA). MIF supports congregations and ministries with financing for building projects, land purchases, and refinancing.

MIF offers highly competitive rates and expertise in church building and finance, making it a popular choice for congregations and ministries undertaking significant projects. As a ministry of the ELCA, MIF is guided by values rooted in the Christian faith and Lutheran traditions.

MIF provides loans for building projects, helping congregations and ministries create more welcoming and flexible worship spaces, as well as ministry spaces that encourage meaningful outreach to the community. For example, an MIF loan helped the Zumbro Lutheran Church in Minnesota renovate its sanctuary, incorporating design elements inspired by the nearby Zumbro River.

In addition to financing building projects, MIF also offers a range of investment opportunities for individuals and ELCA congregations and ministries. These investments can be used to fund various projects, including building loans that help spread God's love. MIF also offers socially responsible investment products, with proceeds funding the loan program and providing investors with financial returns.

MIF is committed to supporting congregations and ministries in their building projects, helping them create spaces that meet their needs and enable them to better serve their communities.

MIF offers socially responsible investment products to individuals and ministries

The Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA). It offers socially responsible investment products to individuals and ministries. MIF provides a range of investment opportunities, including personal and ministry investments.

Personal investments include retirement savings, education accounts, and term and demand investments. These investments not only help individuals save for the future but also contribute to funding building loans that support the spread of God's love. MIF's commitment to environmental responsibility is evident through its alignment with the Inflation Reduction Act, encouraging clean energy investments.

Ministry investments cater to endowments, capital projects, youth ministries, and other ministry needs. By investing in these opportunities, ministries not only grow their funds but also help finance loans for other ELCA congregations and ministries.

MIF's investment products are designed to align with the values of individuals and ministries, offering a way to put their money to work while supporting the growth and establishment of congregations and church-affiliated ministries.

As a ministry of the ELCA, MIF is guided by values rooted in Christian faith and Lutheran traditions. Their commitment to inclusion and equity is reflected in their support for a more just and inclusive society. MIF's investment offerings provide individuals and ministries with a unique opportunity to align their financial decisions with their values and contribute to the greater good.

With competitive rates and expertise in church building and finance, MIF is a trusted choice for congregations and ministries seeking to make a positive impact through their investments.

MIF provides low-cost loans, deposit accounts, credit cards, and other financial services

The Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA). It offers a range of financial products and services to its members, including low-cost loans, deposit accounts, credit cards, and other financial solutions. These services are provided within a not-for-profit, cooperative structure, guided by values rooted in Christian faith and Lutheran traditions.

MIF provides competitive rates and terms on loans for congregations and ELCA-related ministries. These loans can be used for various purposes, such as building projects, land purchases, and refinancing. For example, an MIF loan helped the Zumbro Lutheran Church in Minnesota renovate its sanctuary, creating a more welcoming and flexible worship space. MIF also offers loans for individuals, including personal loans and loans for education and retirement savings.

In addition to loans, MIF offers a range of investment options for both individuals and ministries. Individuals can invest in term investments, demand investments, and retirement and education accounts. Ministries can invest in endowments, capital projects, and youth ministries while also helping to fund loans to other ELCA congregations and ministries. MIF's investment products are designed to be socially responsible, advancing the church's mission to create a more just and inclusive society.

MIF also provides deposit accounts, allowing individuals and ministries to safely and securely manage their finances. These accounts can be used for savings, investments, or day-to-day transactions, offering flexibility and convenience to account holders. Furthermore, MIF offers credit cards, providing account holders with a convenient payment method and potentially additional benefits and rewards.

By offering low-cost loans, deposit accounts, credit cards, and other financial services, MIF empowers individuals, congregations, and ministries to achieve their financial goals while staying true to their values and contributing to a more equitable and sustainable future.

MIF's values include inclusion, equity, and commitment to creating a more just society

The Mission Investment Fund (MIF) is a financial ministry of the Evangelical Lutheran Church in America (ELCA). It is guided by values rooted in Christian faith and Lutheran traditions. MIF's values include inclusion, equity, and a commitment to creating a more just society.

MIF's commitment to inclusion is evident in its embrace of diversity among God's people. They actively promote diversity, equity, inclusion, and anti-racism. This value of inclusion extends to their financial services, which are offered to both individuals and ministries. MIF provides loans for congregations and ELCA-related ministries, helping to establish and expand their reach.

Equity is another core value for MIF. They strive for a more equitable society by offering socially responsible investment products. These investments generate financial returns for investors while also funding the loan program, creating a sustainable cycle of support. MIF's commitment to equity is further demonstrated by their support for initiatives that address specific impact themes, such as those led by private equity and venture capital firms.

MIF's dedication to creating a more just society is reflected in their efforts to make a positive impact. They support projects that align with their values and contribute to the greater good. This includes initiatives that promote economic justice, such as investing in private developers who are committed to building affordable housing. MIF also encourages environmental responsibility, offering incentives for clean energy investments and helping congregations reduce their environmental footprint.

In addition to these values, MIF prioritizes stability and strength in their financial services. They aim to provide competitive rates and terms for their customers, ensuring long-term viability and a positive impact on the communities they serve.

Through their values of inclusion, equity, and a commitment to a more just society, MIF strives to make a meaningful difference in the world while staying true to their Christian and Lutheran roots.

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