Our logo may have changed a few times over the years, but our focus never has. Our mission is to see as many people experience the love of Christ as we can. We work towards this goal by providing loans to churches and church-related entities, so they can expand their facilities, purchase land, build, renovate, or refinance current debt. We currently have about 1,200 loans with churches and organizations all across North America.
In over 75 years of operation, WIF has never had to foreclose on a loan that we have provided. We are an Indiana nonprofit corporation. And our affairs are administered by our Board of Directors. We are organized and operate exclusively for charitable and religious purposes. We are a tax-exempt entity, and no part of our net earnings inures to the benefit of any person or individual.
We currently have more than 10,000 investors who have come to trust WIF as their faith based investment organization. In over 75 years of operation, WIF has never missed an interest payment and has honored every investors request for a withdrawal.
The funds that are invested with WIF are used to provide loans to churches or church related entities along with other investments, all as described in our Offering Circular. We currently have approximately 1,200 loans with churches and church related organizations all across North America. The vast majority of these loans are a first mortgage backed with buildings and or land as collateral and many are guaranteed by a denomination or district conference as well. In over 75 years of operation, WIF has never had to foreclose on a loan that we have provided.