Financial Information
- The Fund's total assets increased by 7.6% to $179.1 million in 2012.
- New certificate sales were $31.8 million.
- The Fund's renewal rate was 77%. With continued strong sales and a solid renewal rate our outstanding certificates increased to 6.8% to $150.5 million in 2012.
- This includes an increase in outstanding IRA investments of $3.8 million to $27.8 million.
- The Fund's investor base grew by 4.4%, to 2,692.
- During 2012 the Fund made loan commitments totaling $28.9 million and funded $19 million in loans.
- Operating income was $2.6 million. The Fund contributed $1,300,000, in 2012, to the ministries of Converge Worldwide.
Cornerstone Fund (Promo) from Converge Worldwide on Vimeo.
If you are considering an investment with the Fund and need more information, please contact us at 877.228.8810