GLCC Announces Partnership with The Solomon Foundation

Great Lakes Christian College announces a partnership with The Solomon Foundation that will blaze a new trail of hope for our ministry and college.  The GLCC Board of Trustees made the decision on October 28, 2016 to accept the gift/leaseback proposal from The Solomon Foundation which results in the College gifting our property to The Solomon Foundation and, in return, they pay off our mortgage obligations and provide a generous grant that will be used for operations. The assets that we gift and the future lease payments we make are used to fund loans provided to churches for expansion and growth by the Solomon Foundation.  It is the Solomon Foundation’s purpose to serve churches by lending churches money so they can build and expand their ministries.

God continues to answer prayer and to provide and release His resources to ensure we have a College in Michigan that will grow in its effectiveness of training students for Christian leadership in the church and in the world.  We believe this to be one huge positive step forward in what we will accomplish for the cause of Christ in Christian higher education.  For further information, contact Phil Beavers.

By Phil Beavers | November 7th, 2016 | Categories: Advancement