About the GBIF
For more than 100 years the General Association of General Baptists provided no permanent reserve from which its member churches could borrow funds for building and other expansion.
Sensing this to be an urgent need, in 1974 the General Baptist Home Mission Board took the initiative to develop and incorporate a not-for-profit entity known as the General Baptist Investment Fund (GBIF). The challenge went out inviting individuals, churches, and other denominational entities to deposit funds in interest bearing accounts with GBIF. The response has been very successful.
Through GBIF, General Baptists have proven their ability to utilize personal resources in a way which is profitable to themselves, and to establish and maintain a self-perpetuating loan fund which continues to be a blessing to many churches and other denominational auxiliaries.