To many in Cincinnati, the Over the Rhine neighborhood revival seemed like a major success; one of the poorest parts of the city was seeing restaurants serving locally grown food, coffee shops,bars move in along… Read More »What happened when a church learned to see its money in a new way
“As impact investors we are the good guys, we would put money to work and take a haircut (on financial return) if its justified. But would we give up control of capital and our (controlling) role?”
“We want to help the congregation learn that we don’t need to automatically go back to the building to be a church again. The leaders need to paint that picture.”
Beloved Asheville is part of a peer group launched by Faith and Finance of practitioners working on church assets in transition. Their low cost model, using homeless sweat equity could perhaps be replicated if people understand how to listen to, believe in and find the resources to use the gifts of people effected by the problem.
“Mission” by Dale Cruse via Flickr (CC BY 2.0) The spring of 2000 should have been a very good time for me. I’d just made a sale for the most cash, the least equity, and… Read More »The hidden cost of market rate
My friend and colleague Pastor Amy Butler and I are working on the investment thesis of a fund that Faith+Finance parent company GatherLab is helping to form. It’s called, appropriately enough, Invested Faith. As some… Read More »Crafting the thesis for Invested Faith