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The Venture Codex

Wesleyan Investment Foundation

13300 Olio Road, Fishers, IN, 46037, United States

Overview

They are able to provide these loans with the funds that are invested by individuals and organizations who value a faith-based investment opportunity.They were founded in 1946 by individuals who understood the unique dynamics of church financing and saw a need to help finance church building projects and provide affordable loans.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
4

Sector focus

  • Financial Services
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Investment portfolio

  • Overflow

    Led · Series B · Feb 2024

    Overflow builds a full-suite giving platform that supports ACH, card, stock, DAF, wills, crypto, Apple Pay, Venmo, CashApp, Google Pay and PayPal through one integration. The company began in 2020 and is headquartered in Silicon Valley, serving churches and nonprofits with tools to accept large non-cash gifts and streamline finance operations. Overflow reports an average stock donation of $12,979 and a user base of over 240,000, with the company on track to eclipse 1 million users this year; it serves 450+ organizations. Management says the product reduces friction and saves customers money, and the company returns 10% of revenue annually to organizations it serves. Future plans include expanding beyond core giving into spend management (described as a “Brex for Churches”), consolidated financial operations, and opportunities for growth lending and other financial products.

Team