Difference between revisions of "Anabaptist Financial"
| [checked revision] | [checked revision] |
AlfRedekopp (talk | contribs) |
AlfRedekopp (talk | contribs) |
||
| Line 3: | Line 3: | ||
__TOC__ | __TOC__ | ||
=== Overview === | === Overview === | ||
| − | Anabaptist Financial began in 2006 as a nonprofit loan organization, assisting conservative Anabaptists in channeling material resources to entities with shared the values and faith expressions. Anabaptist Financial also offers financial counsel consistent with conservative Anabaptist beliefs and values. Anabaptist Financial is governed by an independent board of male directors deliberately drawn from various conservative Anabaptist groups. The board provides a mix of business experience, professional training, ministerial experience, and nonprofit administration. In addition, an advisory group of approximately 40 members provides counsel to the board. The Anabaptist Financial board and staff also administer a sister organization—Anabaptist Foundation and Stewardship Resources. | + | Anabaptist Financial began in 2006 as a nonprofit loan organization, assisting conservative Anabaptists in channeling material resources to entities with shared the values and faith expressions. Anabaptist Financial also offers financial counsel consistent with conservative [[Anabaptism|Anabaptist]] beliefs and values. Anabaptist Financial is governed by an independent board of male directors deliberately drawn from various conservative Anabaptist groups. The board provides a mix of business experience, professional training, ministerial experience, and nonprofit administration. In addition, an advisory group of approximately 40 members provides counsel to the board. The Anabaptist Financial board and staff also administer a sister organization—Anabaptist Foundation and Stewardship Resources. |
The investment and loan programs operate exclusively within conservative Anabaptist circles. Investors are primarily individuals and families. These funds held by Anabaptist Financial are invested only within conservative Anabaptist circles in the form of loans to individuals, families, businesses, and nonprofit organizations. Anabaptist Financial does not invest in secular holdings, such as bonds, mutual funds, or the stock market. | The investment and loan programs operate exclusively within conservative Anabaptist circles. Investors are primarily individuals and families. These funds held by Anabaptist Financial are invested only within conservative Anabaptist circles in the form of loans to individuals, families, businesses, and nonprofit organizations. Anabaptist Financial does not invest in secular holdings, such as bonds, mutual funds, or the stock market. | ||
| Line 21: | Line 21: | ||
Participation is limited to those church groups that adhere to the 1963 Mennonite Confession of Faith or earlier similar confessions. While not comprehensive, the groups listed below represent the broad array of communities AF seeks to serve. | Participation is limited to those church groups that adhere to the 1963 Mennonite Confession of Faith or earlier similar confessions. While not comprehensive, the groups listed below represent the broad array of communities AF seeks to serve. | ||
* Agape Christian Churches | * Agape Christian Churches | ||
| − | * Appalachian Mennonite Church | + | * [[Appalachian Mennonite Church]] |
| − | * Amish Churches | + | * [[Amish|Amish Churches]] |
* Anabaptist Disciples of Christ | * Anabaptist Disciples of Christ | ||
| − | * Beachy Amish Churches | + | * [[Beachy Amish Mennonite Fellowship|Beachy Amish Churches]] |
| − | * Bethel Fellowship | + | * [[Bethel Fellowship]] |
| − | * Biblical Mennonite Alliance | + | * [[Biblical Mennonite Alliance]] |
| − | * Bible Mennonite Fellowship | + | * [[Bible Mennonite Fellowship]] |
| − | * Charity Fellowship | + | * [[Charity Ministries|Charity Fellowship]] |
| − | * Church of the Brethren | + | * [[Church of the Brethren]]Conservative) |
| − | * Conservative Mennonite Churches of York and Adams Counties, PA | + | * [[Conservative Mennonite Churches of York and Adams Counties, Pennsylvania|Conservative Mennonite Churches of York and Adams Counties, PA]] |
| − | * Cumberland Valley Mennonite Churches | + | * [[Cumberland Valley Mennonite Church|Cumberland Valley Mennonite Churches]] |
* Dunkard Brethren | * Dunkard Brethren | ||
| − | * Eastern Pennsylvania Mennonite Churches | + | * [[Eastern Pennsylvania Mennonite Church|Eastern Pennsylvania Mennonite Churches]] |
| − | * Groffdale Old Order Mennonite Conference | + | * [[Groffdale Old Order Mennonite Conference]] |
| − | * Haven Mennonite Fellowship | + | * [[Haven Mennonite Fellowship]] |
| − | * Hope Mennonite Fellowship | + | * [[Hope Mennonite Fellowship]] |
| − | * Kleine Gemeinde | + | * [[Kleine Gemeinde]] |
| − | * Keystone Mennonite Fellowship | + | * [[Keystone Mennonite Fellowship]] |
| − | * Little Flock Mennonite Churches | + | * [[Little Flock Mennonite Churches]] |
* Meadow Springs Conference | * Meadow Springs Conference | ||
| − | * Mennonite Christian Fellowship | + | * [[Mennonite Christian Fellowship]] |
| − | * Mid-Atlantic Mennonite Fellowship | + | * [[Mid-Atlantic Mennonite Fellowship]] |
| − | * Midwest Mennonite Fellowship | + | * [[Midwest Mennonite Fellowship]] |
* Midwest Conference | * Midwest Conference | ||
| − | * Nationwide Fellowship | + | * [[Nationwide Fellowship Churches|Nationwide Fellowship]] |
| − | * Northeastern Mennonite Conference | + | * [[Northeastern Mennonite Conference]] |
* Old German Baptist Brethren | * Old German Baptist Brethren | ||
| − | * Old Order Mennonite | + | * [[Old Order Mennonites|Old Order Mennonite]] |
| − | * Pilgrim Mennonite Conference | + | * [[Pilgrim Mennonite Conference]] |
| − | * River Brethren | + | * [[River Brethren]] |
* Snyder County Mennonite Conference | * Snyder County Mennonite Conference | ||
| − | * South Atlantic Mennonite Conference | + | * [[South Atlantic Mennonite Conference]] |
| − | * Southeastern Mennonite Conference | + | * [[Southeastern Mennonite Conference]] |
* Unaffiliated Amish Mennonite Churches | * Unaffiliated Amish Mennonite Churches | ||
* Unaffiliated Mennonite Churches | * Unaffiliated Mennonite Churches | ||
* Washington-Franklin Mennonite Conference | * Washington-Franklin Mennonite Conference | ||
| − | * Weaverland Conference | + | * [[Weaverland Mennonite Conference|Weaverland Conference]] |
| − | * Western Conservative Mennonite Conference | + | * [[Western Conservative Mennonite Fellowship|Western Conservative Mennonite Conference]] |
* Wisler Mennonite | * Wisler Mennonite | ||
Anabaptist Financial does not operate from a central office but has staff members in numerous locations. | Anabaptist Financial does not operate from a central office but has staff members in numerous locations. | ||
Revision as of 13:07, 18 May 2023
Overview
Anabaptist Financial began in 2006 as a nonprofit loan organization, assisting conservative Anabaptists in channeling material resources to entities with shared the values and faith expressions. Anabaptist Financial also offers financial counsel consistent with conservative Anabaptist beliefs and values. Anabaptist Financial is governed by an independent board of male directors deliberately drawn from various conservative Anabaptist groups. The board provides a mix of business experience, professional training, ministerial experience, and nonprofit administration. In addition, an advisory group of approximately 40 members provides counsel to the board. The Anabaptist Financial board and staff also administer a sister organization—Anabaptist Foundation and Stewardship Resources.
The investment and loan programs operate exclusively within conservative Anabaptist circles. Investors are primarily individuals and families. These funds held by Anabaptist Financial are invested only within conservative Anabaptist circles in the form of loans to individuals, families, businesses, and nonprofit organizations. Anabaptist Financial does not invest in secular holdings, such as bonds, mutual funds, or the stock market.
Anabaptist Financial provides loans in situations that commercial banks may be unwilling to fund. Commercial banks may not accept church mutual aid plans in lieu of insurance. Anabaptist Financial serves borrowers who have non-conforming properties, such as homes with no electricity. Anabaptist Financial is able to serve recently returned church service workers who may not have recent records of income or tax payments.
In the case of a loan default, Anabaptist Financial seeks resolution without foreclosure or legal proceedings.
The 2022 annual report indicates Anabaptist Financial held investments of more than $577 million from 6,338 investors. More than $575 million was loaned to 2,879 entities
Anabaptist Foundation
Anabaptist Foundation serves the conservative Anabaptist church community by providing charitable gift services and practical support for donors, churches, and nonprofit organizations. Anabaptist Foundation serves as a channel for anonymous donations to many church-related charities. It does not operate any of its own relief or service or service programs.
The 2022 annual report indicates that the Anabaptist Foundation channeled more than $25 million to 586 churches, nonprofit organizations and schools.
Constituency of Anabaptist Financial
Participation is limited to those church groups that adhere to the 1963 Mennonite Confession of Faith or earlier similar confessions. While not comprehensive, the groups listed below represent the broad array of communities AF seeks to serve.
- Agape Christian Churches
- Appalachian Mennonite Church
- Amish Churches
- Anabaptist Disciples of Christ
- Beachy Amish Churches
- Bethel Fellowship
- Biblical Mennonite Alliance
- Bible Mennonite Fellowship
- Charity Fellowship
- Church of the BrethrenConservative)
- Conservative Mennonite Churches of York and Adams Counties, PA
- Cumberland Valley Mennonite Churches
- Dunkard Brethren
- Eastern Pennsylvania Mennonite Churches
- Groffdale Old Order Mennonite Conference
- Haven Mennonite Fellowship
- Hope Mennonite Fellowship
- Kleine Gemeinde
- Keystone Mennonite Fellowship
- Little Flock Mennonite Churches
- Meadow Springs Conference
- Mennonite Christian Fellowship
- Mid-Atlantic Mennonite Fellowship
- Midwest Mennonite Fellowship
- Midwest Conference
- Nationwide Fellowship
- Northeastern Mennonite Conference
- Old German Baptist Brethren
- Old Order Mennonite
- Pilgrim Mennonite Conference
- River Brethren
- Snyder County Mennonite Conference
- South Atlantic Mennonite Conference
- Southeastern Mennonite Conference
- Unaffiliated Amish Mennonite Churches
- Unaffiliated Mennonite Churches
- Washington-Franklin Mennonite Conference
- Weaverland Conference
- Western Conservative Mennonite Conference
- Wisler Mennonite
Anabaptist Financial does not operate from a central office but has staff members in numerous locations.
Bibliography
Anabaptist Financial: Stewardship Connections with Integrety. Web. 18 May 2023. https://www.afweb.org/
Additional Information
Address: 55 Whisper Creek Drive, Lewisburg, PA 17837
Phone: (800) 653-9817
Website: https://www.afweb.org
| Author(s) | Kenneth Sensenig |
|---|---|
| Date Published | May 2023 |
Cite This Article
MLA style
Sensenig, Kenneth. "Anabaptist Financial." Global Anabaptist Mennonite Encyclopedia Online. May 2023. Web. 24 Nov 2024. https://gameo.org/index.php?title=Anabaptist_Financial&oldid=175507.
APA style
Sensenig, Kenneth. (May 2023). Anabaptist Financial. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 24 November 2024, from https://gameo.org/index.php?title=Anabaptist_Financial&oldid=175507.
©1996-2024 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.