About ADF
Our Mission
ADF’s primary ministry continues to be helping churches obtain the buildings they need to better reach, build, equip, multiply, and send people.
Some congregations are new, just settling into their own buildings or purchasing land for future facilities. Others are established churches finally seeing their long-anticipated buildings become a reality. Still others are making overdue renovations that will make their church buildings more inviting. They represent many cultures, socio-economic classes, worship styles, and settings—a glimpse of God’s diverse Kingdom.
Our mission is to exalt Christ as a supporting ministry of The Christian and Missionary Alliance by providing funding for churches and other real estate projects through Kingdom investments from Alliance family members and friends, as well as related services.
How Does the Fund Work?
For a brief overview, Click Here.
Our History
In 1959, the Church Extension Loan Fund (C.E.L.F.) began serving The Christian and Missionary Alliance (C&MA) by providing loans to Alliance churches. As the need grew, C&MA leadership sought to expand this program. In 1978, it authorized The Alliance Development Fund as the official securities program of the C&MA.
In 1978, C.E.L.F., which existed as a separate fund within the denomination, was merged into ADF. At the time of the merger, C.E.L.F. held approximately $5 million in assets. Today, ADF has grown to over $230 million in assets and has helped over 2,000 churches and other Alliance ministries over its 30 year history.
Effective, January, 1, 1997, ADF became a separate, wholly owned subsidiary of the C&MA pursuant to actions of General Council and Board of Directors. ADF is governed by a board of directors whose members are elected by the C&MA Board of Directors.
As a securities program, ADF's investment certificates, savings instruments and retirement products are sold in compliance with state securities laws in each of the 50 states and Puerto Rico. ADF has never missed or delayed a payment of principal or interest on any of its obligations.
ADF currently has approximately 6,700 investors, and a growing number of people are realizing that they can maximize their stewardship impact by making their investments do “double duty”—helping C&MA churches while receiving a competitive rate of return.