WELS Church Extension Fund, Inc., (WELS CEF) provides financing through loans and grants to mission congregations so they can acquire land and ministry facilities to be used for gospel outreach in coordination with WELS Home Missions. WELS CEF also provides loans to mission-minded self-supporting WELS congregations and schools for land and facility projects. The money to carry out WELS CEF’s mission comes from investments and gifts from WELS members, congregations, and affiliated organizations.
In the fiscal year end-ing June 30, 2023, $55.8 million of new loans and $2.7 million of new grants were approved to mission and mission-minded self-supporting congregations. In addition, WELS CEF disbursed $2.1 million of endowment and unrestricted net asset grants to Home Missions.
Good News, Mount Horeb, Wis. (pictured), a WELS home mission, received support from WELS Church Extension Fund as it built its new church.
For more information, visit wels.net/cef.