ABOUT OUR COMPANY
COGBF Financial Solutions, Inc./Extension Fund was incorporated on April 2017, under the Florida 501c.3 Not-for-Profit law. It was established to assist churches with their financial needs both lending and investing. As a result, those who invest in the Extension Fund will make it possible to fund loans to COGBF Churches, Ministries and Institutions. Such as the ability to expand their present facilities, or renovation of facilities for worship, education and ministry along with refinancing of existing loans.
Is to make money count, by us for us. We are dedicated to Kingdom Building and furthering the gospel by lending and not borrowing, thereby becoming our own financiers.
We will “Make Money Count” by providing God’s people the opportunity to invest God’s money into God’s work, assuring competent stewardship over the resources entrusted to us.
We are committed to advancing the Kingdom of God and expanding the footprint of Church of God by
Faith around the globe, building excellent facilities and empowering our church and God’s people
COGBF Financial Solutions is governed by Board of Directors and a Fund Administrator. The Board of Directors consist of three members of the Executive Council of COGBF and four tenured members of the COGBF that brings a diversity of skills including leadership, administration, management, banking, building, and entrepreneurship.
WHAT YOU NEED TO KNOW
Q: What is the process for acquiring a church refinance?
A: A church must submit: a COGBF Financial Solutions application, any required documentation, and meet all criteria established; all of which is available via the website: www.cogbffs.org.
Q: Is COGBF Financial Solutions a not-for-profit organization?
A: Yes, this is not for profit 501c.3 organization, established under IRS guidelines with legal counsel.
Q: How is the Extension Fund different from a bank or credit union?
A: When it comes to making a decision as to which financial institution an individual should choose to entrust his or her money, the “eternal benefits” provided through the COGBF Extension Fund should be kept in mind. Not only does the Extension Fund offer better rates than banks and credit unions, it also uses the investor’s funds wisely. The Extension Fund is building on Kingdom foundations as it assists churches in accomplishing their God-given goals.
Q: Is the Extension fund secure from economic woes?
A: No business or institution is exempt from the risk of failure. Fortunately, our business is Kingdom business, which means God is in control. Secondly, we take our responsibility towards our investors very seriously. This is why we have strict lending guidelines and review each loan application carefully. For a more detailed report concerning the financial status of the Extension Fund, please view our Offering Circular.
Q: Is the extension fund FDIC or NCUA secured?
A: The Extension Fund is not secured by any investment insurance. We rely on the faithfulness of payments from local churches as stated in their signed Promissory Notes. All loans are secured by a first mortgage; naming the Church of God by Faith Financial Solutions Extension Fund as lien holder.
Q: Does the Extension Fund offer retirement services?
A: Yes. We offer Individual Retirement Accounts (IRAs) for both individuals as well as for corporate entities. Rates and terms are the same as normal investments.
Name: Angela D. Robinson
Title: Fund Administrator
Angela D. Robinson is the owner of ADR by Design, LLC a career solutions and business strategies organization. Her career history in finance and banking spans over 25 years, most recently in Financial Operations at Martin (Marietta) Federal Credit Union in Orlando, FL.
Angela is a graduate of Spelman College in Atlanta, Georgia with a Bachelor’s degree in Economics class of ’91.