For the members and affiliates of HMU

A share of what we build.

Storehouse Growth is the investing arm of Storehouse: one fund that puts our own capital to work in real ventures. Shareholders own a piece of the fund and share in what it earns.

Storehouse Growth

An equity fund for the members and affiliates of HMU
  • What you holdShares in the fund
  • SubscriptionsQuarterly
  • RedemptionsQuarterly
  • Minimum holdOne year
  • Who takes partQualified investors
Full terms are set out in the offering documents. If you would like to understand how the fund works, we are glad to talk.
An equity fundBuy shares, share in profits
HMU oversightAccountable to the community
Quarterly windowsIn and out, four times a year
Qualified investorsNot offered to the public
Why Growth exists

This started with a problem

Funds this community desperately needed were spent about as fast as they came in. Every need meant asking again, and the answer was never certain.

A team here saw that the same money, invested rather than spent, could grow and meet more needs than it ever could once. So they borrowed from people who trusted them, put it to work, and returned the principal along with the profit. Then they did it again, and the Fellowship Hall was built with cash. Storehouse Growth carries that work forward.

What one generation plants, the next one harvests.

Where Growth came from

What you hold

Shares in the fund

Growth is one fund, and it works the way owning a business works. You hold shares, which makes you a shareholder: you own a piece of the fund itself.

You share in the profits

When the ventures do well, your shares are worth more. You are not paid a set rate; you are paid by owning a piece of something that grows.

And in the risk

When they fall short, your shares are worth less. Owning cuts both ways, and you could lose money.

You buy and sell quarterly

Four windows a year to subscribe, four to redeem, and at least a year between the two.

Two things happen at once. Your own money earns for you, and the fund grows into something large enough to take on what none of us could fund alone.

See the key terms

“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.”
Ecclesiastes 11:2
How it works

Simple to understand

Growth is an investing arm, not a bank and not a charity. Our people subscribe, the fund invests in real ventures, and shareholders share in what those ventures earn.

You subscribe

Four times a year a subscription window opens, and that is when you buy shares in the fund.

The fund invests

Growth invests in real assets and real businesses. Things you can stand in front of, meant to be held for years rather than traded by the quarter.

You can redeem

Four times a year a redemption window opens, when you can sell shares back to the fund. At least a year passes between subscribing and your first redemption.

Who takes part

A private fund

Storehouse Growth is open to qualified investors. We do not solicit investment from the public, and this website is here to explain the fund rather than to sell it.

If you would like to understand how Growth works, or whether it suits what you are trying to do with your money, we would rather have that conversation than hand you a brochure.

Connect with us

A craftsman planing a length of timber at a workbench
What we invest in

Things you can stand in front of

Property development, rentals, and operating businesses. Small teams work in the areas they actually know, and they bring specific opportunities to the Stewardship Group, which decides what gets funded and what does not.

How the money gets invested

Start a conversation

If you are a part of HMU or affiliated with it, and you want to understand how the fund works, reach out and we will be happy to jump on a call.

Connect with us
The fund

Shares in Storehouse Growth

You hold shares in one fund, and what they are worth follows how the ventures do. Here is how subscribing, holding, and redeeming work.

What you own

A piece of the fund

Subscribe and you hold shares in Storehouse Growth, which makes you a shareholder. You own a piece of the fund itself, and through it a piece of everything the fund owns.

There is no fixed rate here and no promised yield. Nobody owes you a number. What your shares are worth follows how the ventures underneath them do, which is the whole point of owning rather than being paid a rate: when they do well, that belongs to you.

It cuts the other way too. When the ventures fall short, your shares are worth less, and no one makes up the difference. Growth is built for money that can sit still and take that swing.

Timber roof trusses framed out against the sky on a building under construction
The shape of it

Key terms

The fund at a glance.

TermWhat it means
What you holdShares in Storehouse Growth.
How you are paidBy ownership. There is no interest and no promised yield. What your shares are worth follows how the ventures do.
If the ventures do wellYour shares are worth more.
If they fall shortYour shares are worth less, and you could lose money.
ValuationShare values follow a documented valuation policy, and the fund opens its books to an annual audit.
SubscriptionsQuarterly. Four windows a year to buy shares.
RedemptionsQuarterly. Four windows a year to sell shares back to the fund.
Minimum holdOne year between subscribing and redeeming. Your first redemption is the first quarterly window falling at least a year after you subscribed.
Who takes partQualified investors.

Price, minimums, fees, and the full and binding terms are set out in the offering documents. We go through those directly with anyone we are in conversation with rather than publish them here.

Ways to fund it

Where the money can come from

A subscription does not have to come out of a chequing account. Growth accepts capital from several places.

Cash

From an individual, a business, or a group investing together.

Self-directed retirement accounts

You can subscribe through a self-directed IRA, which puts retirement money to work without needing cash on hand today.

Businesses and corporations

A business can invest capital or surplus funds directly rather than leaving them idle.

Trusts and estates

Through a trust, an estate fund, or a family foundation.

If the money you have in mind sits somewhere else, ask us and we will tell you plainly whether it can be used.

A blacksmith at work at an anvil in a forge, tools racked along the wall
Patient by conviction

We invest over years, not quarters.

A trade is learned slowly, and a business is built the same way. We would rather back something real and wait for it than chase a number by the quarter. The one-year minimum hold is that conviction written into the terms.

Qualified investors

Who takes part

Storehouse Growth is open to qualified investors. We do not solicit investment from the public.

That is not us sorting the community into tiers. “Qualified investor” is a standard set by securities regulators for offerings that are not sold to the general public, and it is a test of income, net worth, or professional credentials. It applies to individuals. If you are asking on behalf of a church or another entity, talk to us, and if you are not sure where you fall as an individual, we will walk through it with you.

Shares are not a bank deposit. Shares in Storehouse Growth are not a bank deposit, are not FDIC insured, and are not guaranteed by HMU or any affiliated church, school, or ministry. Share values rise and fall, and you could lose money, including some or all of what you put in.

Talk with us

If you want to understand how the fund works, or whether it suits what you are trying to do, write to us.

Start a conversation
About

Where Growth came from

Storehouse Growth grew out of a habit this community already had: putting money to work among our own people and returning what it earned. Here is where that came from, and how it runs now.

How this started

It began with a problem

Funds this community desperately needed were spent about as fast as they came in. Every need meant asking again, and the answer was never certain.

A team here saw that the same money, invested rather than spent, could grow and meet more needs than it ever could once. So they borrowed from people who trusted them, put it to work, and returned the principal along with the profit. Then they did it again. What grew out of that was capital, and a habit of trust, and the Fellowship Hall was built with cash because of it.

The work went quiet for a season. It was taken up again in 2024 and rebuilt around a small team with the authority to decide and to act, so that the conviction behind it had a structure equal to it.

Storehouse Growth carries that work forward, at a scale the people who started it were reaching for all along.

A craftsman planing a length of timber at a workbench
Our vision

Live off the harvest, not the seed corn

One generation can eat what it has, or it can plant it. We would rather steward what we have been given so it grows and multiplies, and then live on what it yields.

What it yields funds Kingdom projects, supports emerging communities, and builds opportunities that outlast us. That is the point of the whole thing: a reliable financial foundation our children inherit rather than rebuild.

Rows of mature orchard trees receding into the distance
Our denomination

Heritage Ministries United

Heritage Ministries United (HMU) is a Bible-believing community that covenants with member churches under a shared statement of faith. From humble beginnings in 1973 as an inner-city mission, it has grown into a network of Christ-centered communities.

HMU is led not by a single personality but by a council of elders serving in mutual submission under the headship of Christ. Growth operates under that same oversight.

Growth answers to a community that has been here since 1973.

Stewardship

Who runs it

Growth is managed by the Storehouse Stewardship Group, under HMU's oversight and accountable to the community.

The Stewardship Group

The team responsible for managing the endowment and its funds, and the people who run Growth day to day. It answers to HMU, and it is accountable to the community whose money it is.

Under HMU's oversight

Growth answers to the same council of elders that oversees the rest of the community, not to an outside board with different convictions.

Audited every year

Growth opens its books to an annual audit, and share values follow a documented valuation policy. Governance and the legal detail belong in the offering documents, where they bind us, rather than summarized loosely on a public page.

Timber roof trusses framed out against the sky on a building under construction
How the money gets invested

Small teams, working to their strengths

The Stewardship Group holds the capital and decides where it goes. It does not pretend to be expert in everything.

Underneath it work small investment groups, each with a lead. They work in the areas they actually know, such as property development, rentals, and operating businesses, and they petition the Stewardship Group for an allocation against a specific opportunity. The Stewardship Group weighs the petition, funds it or does not, watches how it performs, and moves capital when it should.

Groups can work on their own or together. Each one answers to the Stewardship Group, and the Stewardship Group answers to HMU.

Get in touch

If anything here raises a question, ask it. We would rather answer early than late.

Connect with us
Help

Questions, answered plainly

How the fund is put together, what you hold, and how money goes in and comes out. If your question is not here, ask us.

What is Storehouse Growth?
Storehouse Growth is the investing arm of Storehouse. It is one fund, and there is one way to take part in it: you hold shares. The fund puts our own community's capital to work in property development, rentals, and operating businesses, so that what we set aside stays among our own people instead of leaving for an outside firm that does not share our convictions. It invests over years, not quarters. It grew out of a habit this community already had, which is on the About page.
Can I invest today?
We do not solicit investment from the public. If you would like to know more about how the fund works, reach out and we will have a conversation.
How do I subscribe?
In one of four subscription windows a year. A fund that invests over years does not need money arriving hourly, so the door opens quarterly rather than daily. Which four dates, what a share costs, and the paperwork involved are set out in the offering documents, which we go through directly rather than post on a public page.
How do I get my money out?
You redeem, which means selling your shares back to the fund. That happens in one of four redemption windows a year. At least a year passes between subscribing and redeeming, so your first opportunity is the first quarterly redemption date falling a year or more after you subscribed. Depending on when you subscribe, that can be a good deal more than a year.
How are shares valued?
Share values follow a documented valuation policy, and Growth opens its books to an annual audit. That is the part worth judging us on. The mechanics of how a value is struck belong in the offering documents rather than on a public page.
Is redemption guaranteed?
No. A redemption window is a window the fund opens, not a promise of cash on demand. Growth invests in things that take years to sell, so if enough shareholders ask to leave at the same time, the fund can run short of cash to pay them. Funds of this kind generally hold the power to limit or postpone redemptions when that happens, and those circumstances belong in the offering documents.
What if I need my money sooner?
You wait. That is the honest answer here and it is the same answer anywhere else: shares in a private fund are not traded, so there is no market to sell into and no early exit to buy. Some funds permit a transfer to another qualified investor with the manager's consent, but there is rarely a buyer and nobody should count on it. Only invest money you will not need.
What is the share price, and what is the minimum?
Price and minimums are set in the offering documents rather than on a public page. We do not solicit investment from the public, but we are glad to explain how the fund works and where you would fit. Ask us.
Who can take part?
Storehouse Growth is open to qualified investors. That applies to individuals taking part in their own name. If you are asking on behalf of a church or another entity, talk to us. Eligibility, and how it is confirmed, belongs in the offering documents.
What is a qualified investor?
It is a standard set by securities regulators, a test of income, net worth, or professional credentials, for who may take part in offerings that are not sold to the general public. It is a test for individuals. If you are not sure where you fall, ask us. We will walk through it with you, and there is no cost to finding out you do not qualify.
Is this insured or guaranteed by the church?
No. Shares in Growth are not a bank deposit and are not FDIC insured. Nothing here is guaranteed by HMU or any affiliated church, school, or ministry. Share values rise and fall, and you could lose money, including some or all of what you put in.
What kinds of ventures does Growth invest in?
Real assets and real businesses. In practice that means property development, rentals, and operating businesses: things you can stand in front of, held for years rather than traded by the quarter. Groups are encouraged to work in their areas of strength, and they can diversify beyond them where it makes sense. What the fund may and may not buy, and how much can go into any one venture, belongs in the offering documents, where it binds us.
Who decides what Growth invests in?
The Stewardship Group. Underneath it work small investment groups, each with one lead, who invest in the areas they actually know. A group brings a specific opportunity to the Stewardship Group and petitions for an allocation against it. The Stewardship Group weighs the petition, funds it or does not, watches how it performs, and moves capital when it should. Groups can work on their own or together, and each one answers to the Stewardship Group. There is more on the About page.
Where can the money come from?
Several places. Cash, from an individual, a business, or a group investing together. A self-directed IRA, which puts retirement money to work without needing cash on hand today. A business or corporation investing capital or surplus funds directly. Or a trust, an estate fund, or a family foundation. If the money you have in mind sits somewhere else, ask us and we will tell you plainly whether it can be used. The fund page lists these too.
Why have a for-profit arm at all?
Because for a long time money raised for the church was spent as fast as it came in, and every need meant asking again. Investing it instead breaks that cycle: the money works, it earns, and the earnings fund the next thing rather than the next appeal. Two things happen at once. Your own money earns for you, and the fund grows into something large enough to take on projects our community could not fund alone. The aim is to live off the harvest instead of eating the seed corn.
Who runs Growth?
Growth is managed by the Storehouse Stewardship Group, under the oversight of Heritage Ministries United, and accountable to the community whose money it is. Decisions are made by a group in mutual accountability, which is slower than one confident man and is meant to be. There is more on the About page.

Still have a question?

Ask it. We are glad to explain how the fund works.

Connect with us
Contact

Start a conversation

We do not solicit investment from the public. This page is not an application and nothing here commits you to anything. If you want to understand how Growth works, or whether it suits what you are trying to do with your money, write to us and a person will answer.

Write to us

Only your name and email are needed. The rest just helps us give you a more useful answer.

This form opens your own email client with your details in it, and nothing is stored on this website. We read these ourselves, and you will get a reply from a person rather than an autoresponder.

Reach us directly

Email: hello@onestorehouse.com

Write to us directly if you would rather not use the form, or if you have a question you want answered before you put your name to anything. A person reads it.

Worth knowing before you write

  • Growth is open to qualified investors. That is a test for individuals. If you are not sure whether it is you, or you are asking on behalf of a church or another entity, say so in the message and we will walk through it with you.
  • Money you put in stays in for at least a year. You subscribe in one of four windows a year and redeem in one of four windows a year, with at least a full year between the two. Money you might need sooner does not belong here.

The rest of the mechanics are on the fund page, and the FAQ covers most of what people ask first.

You could lose money. Shares in Growth are not a bank deposit, are not FDIC insured, and are not guaranteed by HMU or any affiliated church, school, or ministry. They can fall in value, and you could lose some or all of what you put in.
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STOREHOUSEAn endowment for HMU

Growth is the investing arm of Storehouse, the long-term financial foundation for the members and churches of HMU.