Alliance Churches Receive $1 Million in Loan Interest Rebates


COLORADO SPRINGS, Colo.—Thanks to the generosity of the Alliance Development Fund (ADF), approximately 470 Alliance churches and ministries received interest rebates totaling $1 million last month.

Larry McCooey, ADF’s president, explains, “God blessed ADF with strong financial results in our most recent fiscal year. Our board of directors designated $1 million to be given to our borrowers in the form of interest rebates, and ADF issued those rebates during the last week in May.” This marks the third time in ADF’s history these gifts were made possible.

For more information on the Alliance Development Fund, or to learn how the ADF can assist your Alliance ministry with the financing you need, visit, call toll-free at (888) 878-3060, or e-mail

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About the Alliance Development Fund:

The Alliance Development Fund (ADF) is dedicated exclusively to providing funding for churches and other projects of The Christian and Missionary Alliance. Since its inception in 1978, ADF has made approximately 1,500 loans to help Alliance ministries obtain the buildings they need. More information is available online at

For more information:
David Graf, Vice President for Church Services
The Alliance Development Fund, Inc.
Phone: (888) 878-3060


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