CGF - What We Do


The Reformed Church in America Church Growth Fund, Inc. (CGF) supports the work and witness of the RCA by making loans to churches, classes, and other agencies and affiliates for the purpose of purchasing, constructing, or improving facilities used in their ministries. The CGF has been making loans to RCA churches and related agencies since 1861. As of September 30, 2018, the CGF has $60.5 million in loans to 110 churches and related agencies in 21 states as well as Canada and the U.S. Virgin Islands.

Cora Tait CGF testimony from RCA on Vimeo.

JP Jones CGF testimony from RCA on Vimeo.

CGF Savings Certificates

A source of funding for CGF loans is the sale of savings certificates, which are interest bearing investments. The CGF offers Term Certificates of a fixed rate with maturities from one to ten years. Also available are Demand Certificates, which have a variable interest rate and allow investors to add or redeem funds up to three times a month.

CGF Savings Certificate investors enjoy a favorable rate of financial return and experience the satisfaction of knowing their money is being used primarily for loans to help existing RCA churches expand and enhance their ministries. The CGF issued its first savings certificate in 1966 and as of September 30, 2018, has $33.3 million in saving certificate investments held by individual RCA members, churches, classes, regional synods, and other agencies and affiliates related to the denomination. 

Alicia Beaver CGF testimony from RCA on Vimeo.

Rich Schuler CGF testimony from RCA on Vimeo.

Grants and Scholarships

Although the CGF is a not-for-profit entity, it does generate earnings each year, up to fifty percent of which are contributed back to the denomination to be used for ministry grants.  The grants are made to the following:

  • Church Multiplication:  New RCA church plants receive grants for use to fund operations during their first three years of ministry.
  • Next Generation Mission Engagement Fund:  Providing scholarships to assist individual students and youth groups related to the RCA in covering a portion of the cost of mission experiences.
  • Flourishing Church Grants:  Making available funds for building improvements to RCA congregations whose ministries are flourishing yet are economically-challenged and unable to afford needed building improvements.   

Randy Weener CGF testimony from RCA on Vimeo.

Andrew Edmonds CGF testimony from RCA on Vimeo.

Jason Zimmer CGF testimony from RCA on Vimeo.

This is not an offer to sell our securities to you and we are not soliciting you to buy our securities. We will offer and sell our securities only in states where authorized. The offering is made solely by our Offering Circular  (for CA use only). The purchase of our securities is subject to risks, which are described in our Offering Circular. We do not currently offer securities in all states. See How to Invest for a list of states in which we are authorized to sell our securities.

Not FDIC or SIPC insured • Not a bank account • No RCA guarantee •