North Pacific Union Association has reopened the Revolving Fund for a limited time for donors to make missional investments.
“The Revolving Fund allows us to provide economical building and capital improvement loans to Pacific Northwest churches and schools,” explained Jay Graham, association treasurer.
In 2023, the association approved 11 loans worth more than $3.5 million. As of June 30, 2024, there are currently 83 active loans worth $22.7 million.
A sampling of active loans include:
- Samoan Tokelau Adventist Church in Washington Conference, which received approval for a loan for the purchase of property for their church.
- Pasco Riverview Adventist Church in Upper Columbia Conference, which received approval for a loan to build a fellowship hall.
- Tillamook Adventist Church in Oregon Conference, which received approval for a loan to replace their roof.
“The Revolving Fund provides a mechanism to support the local church and school communities,” Graham shared. “We call investments in the Revolving Fund missional, as the current deposit interest rate is 2.25%, yet these investments have eternal impact.”
If you are interested in investing in the Revolving Fund to help more churches and schools, please call Graham, during business hours from Monday through Thursday, at 360-857-7000. Graham can walk you through more of the finer details of your missional investment opportunities.
One note of significance for new depositors: to start up a new account, you need to be at least 18 years old and be a member of an Adventist church within NPUC territory and live within this same territory in order to deposit monies into the fund.
“The Revolving Fund will remain open for new investments until our specific allotment is reached,” Graham noted. “We are seeking to grow this fund to $5 million and currently have $600,000 in new investments since the revolving fund reopened. Thank you for your interest in helping churches and schools grow and thrive in the communities they serve.”