Everence Community Investments Inc

Everence

MAKE BELOW-MARKET LOANS ON NON-COMMERCIAL TERMS TO NON-PROFIT ORGANIZATIONS AND OTHER LOCAL COMMUNITY ECONOMIC DEVELOPMENT ORGANIZATIONS FOR THE PURPOSE OF FINANCING LOW-INCOME HOUSING, SMALL BUSINESS DEVELOPMENT AND COMMUNITY DEVELOPMENT SERVICES IN ECONOMICALLY DISTRESSED AREAS.
352097293
EIN
Goshen, IN 46527 United States
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everence.com
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528354
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Description

Everence Community Investments Inc.

Everence Community Investments Inc. is a part of Everence, a nonprofit organization that offers faith-based financial services in the United States. The organization aligns financial decisions with faith values, providing a range of services including banking, investments, and community development initiatives.

Background and Mission

Everence was founded in 1945 and is rooted in the Anabaptist faith tradition, emphasizing stewardship and community development. It operates as a member-owned financial services organization, fostering a community that combines spiritual and financial growth with sustainability practices.

Community Development Initiatives

Everence Community Investments focuses on widening economic opportunities for disadvantaged individuals and communities through strategic investments. This approach, known as stewardship investing, integrates the ethical principles of the Anabaptist faith into financial decisions to make a positive social impact.

One notable initiative involves a partnership with Greenline Access Capital to finance under-resourced entrepreneurs, particularly in Philadelphia. This collaboration supports microbusinesses by providing access to loan capital and financial guidance, contributing to neighborhood revitalization and economic resilience in underinvested communities.

Impact and Philosophy

By linking financial services with faith values, Everence aims to create a cycle of giving, saving, and lending within faith communities. It encourages financial decisions that promote social and environmental stewardship, reflecting a commitment to making impactful investments that align with its philosophical roots.

The organization's community-oriented approach has contributed significantly to local and global development projects, illustrating its dedication to enhancing lives and communities through financially sustainable and responsible practices.

[1] https://www.everence.com [2] https://www.everence.com/living-the-values/helping-communities [3] https://www.everence.com/living-the-values/how-we-invest [4] https://www.everence.com/about-everence/who-we-are [5] https://www.everence.com/about-everence/annual-report-2023/2023-annual-report-stories-and-services-growing-entrepreneurial-opportunities-in

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