Loan and Grant Highlights
- WELS CEF’s $175.1 million loan portfolio includes loans to 202 WELS congregations and affiliates.
- $55.8 million of new loans and $2.7 million of new grant requests were approved in Fiscal Year 2022–23.
- 21 total origination projects were approved. All were facility build/expansion or facility-land new projects.
- WELS CEF loan interest rates ended Fiscal Year 2023 at 4.51%.
- WELS CEF provided $2.13 million in grants to Home Missions in Fiscal Year 2022–23.
Operations and Support Highlights
- WELS CEF was blessed with an operational surplus of over $6.0 million for Fiscal Year 2022–23.
- Operational surpluses over the years have enabled WELS CEF to provide $44.8 million of matching grants to
mission congregations and $14.2 million of special grants to Home Missions since 1993. - 2,786 WELS members, congregations, and affiliates have entrusted WELS CEF with $93.6 million in member
investments. - Investment maturing member households and their investment dollars have been reinvested with WELS CEF on
average at 96.68% for maturing member households and 93.13% of maturing member investment dollars. - The WELS CEF retail member investment average interest rate increased by 5 basis points during Fiscal Year 2023
from 1.74% to 1.79%.
Projects
HOW TO INVEST
Learn about investing with the WELS Church Extension Fund.
CEF DOWNLOADABLE RESOURCES
Access all the forms and resources you need to invest, request a loan or grant, or implement the Stamp program.
