CBC development Fund

Sorry image not found

Manager: Mr Diangha

The Cameroon Baptist Convention Development Fund (CBCDF ), seeks to provide a viable fund for the sustenance of CBC churches, departments and organs for the purpose of promoting the Gospel of Jesus Christ through providing low interest loans for capital investment and the propagation of the gospel of Jesus Christ.

The main purpose of the Fund is to provide an opportunity for CBC Christians and its partners to freely donate funds towards the development and sustainability of the Convention.

 

The Development Fund believes that grants and income distributions to be made in the future are as important as distributions made today. This is consistent with the philosophy that this Development Fund is to exist in perpetuity, and therefore, shall provide for grant making in perpetuity. To attain this goal, the overriding objective of this Development Fund is to maintain purchasing power of Fund accounts. That is, net of spending, the objective is to grow the aggregate portfolio value at the rate of inflation over the Fund’s investment time horizon. Specific investment objectives will be established later in this document.

The Fund operates as part of the structures of the CBC. The Fund mobilises funds and provides loans to not-for-profit institutions and Churches of the CBC which support the special needs of CBC Christians and the broader Church structures.