2016 ANNUAL REPORT

MISSION INVESTMENT FUND

A TRUSTED PARTNER

“A trusted partner in the revitalization and sustainability of this church”

- MISSION INVESTMENT FUND / STRATEGIC PLAN 2016-2018 

PRESIDENT’S LETTER

Reaching $500 million in loans last year was a proud mile- stone in the Mission Investment Fund’s history. It demon- strates our continuing dedication to supporting the building of this church.

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VISIONING A CONNECTED COMMUNITY

  NORMANDALE LUTHERAN CHURCH / EDINA, MINNESOTA

It’s no accident Normandale Lutheran Church in Edina, Minnesota, is home to a vibrant ministry and upwards of 2,500 members. 

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OFFERING A HOME TO THOSE IN NEED

  PEACE LUTHERAN CHURCH / TACOMA, WASHINGTON

When you visit the neighborhood just up the hill from downtown Tacoma, Washington, the signs of gentrification are all around you. 

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INVESTING WITH ENGAGEMENT IN MIND

  TRINITY LUTHERAN CHURCH / WESTBROOK, MAINE

Trinity Lutheran Church was founded 135 years ago by Danish immigrants settling in the area just west of Portland, Maine. Today, Trinity is welcoming new arrivals from parts of the world far from Denmark. 

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YEAR IN REVIEW

For the second consecutive year, the Mission Investment
Fund achieved substantial growth—in loans as well as assets. We accomplished this with dedicated customer focus and mindful asset/liability management.

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FIVE-YEAR
SUMMARY 

 

TOTAL INVESTORS


LOANS OUTSTANDING


INVESTMENT OBLIGATIONS

 

OVER 100 YEARS OF STRENGTH & STABILITY 

The Mission Investment Fund’s strong financial position helps assure our ability to meet our obligations and offer security to our investors. With more than $198 million in net assets, the Mission Investment Fund’s net worth is slightly more than 29 percent of total assets—double the amount that most financial institutions maintain.  

 
 
 

STATEMENTS OF FINANCIAL POSITION 

$ in thousands as of December 31

 

STATEMENT
OF INCOME, EXPENSES AND CHANGES IN NET ASSETS

$ in thousands as of December 31

 

MIF LEADERSHIP

 

MISSION INVESTMENT FUND OFFICERS

EVA M. ROBY / President and Chief Executive Officer
CARMEN M. COBO / Executive Vice President and Chief Operations Officer
DAVID T. DALTON / Vice President for Marketing and Sales
AMELIA DAWKINS / Vice President for Lending
LYNN MICHALAK / Vice President for Accounting

MISSION INVESTMENT FUND BOARD OF TRUSTEES

SUSAN TROUTMAN / Chair
ROBERT CHILLISON
/ Vice Chair
KATHRYN BAERWALD
MIJI BELL

MICHAEL F. FALLON, JR.
MARK E. FIEBRINK
THE REV. JOHN E. MACK, JR.
HEATHER MILLER
PAUL M. OPGRANDE
ROGER E. SOUTHWARD
THE REV. VIVIANE E. THOMAS-BREITFELD