Bricks in the Foundation: Letters from our new and outgoing CEOs

A Letter from Eric Schroeder

A few years ago, I was driving with my wife through a town close to where I grew up. I stopped at an old building being torn down and picked up a brick lying on the ground. Now, I do not often take bricks from buildings being torn down, but this building was meaningful to me. It was the first bank I made a deposit in. The brick—part of the foundation of that building—symbolized the foundation I built my experience on as a banker, a CDF Capital Board member, and now as the President and CEO of this organization.

I kept that brick in my office at the bank I helped found. When new employees started, I told them that story. By joining the team, they were laying a brick on a firm foundation—a brick made up of their experiences, thoughts, and contributions.

And now as I join the team at CDF Capital, the brick reminds me of the firm foundation this team has laid. A foundation built on nearly 70 years of serving church leaders and individuals who invest in our ministry. I am reminded that it is now my turn to lay my brick into the foundation―not to change CDF Capital, but to build on that foundation.

I believe CDF Capital’s foundation is Jesus Christ. He told Peter in Matthew 16 that He would build His Church on this rock. I pray that God uses us to build on that foundation as we support the Church.


For the Kingdom,

Eric Schroeder

President & CEO

A Letter from Dusty Rubeck

On July 1 Eric Schroeder took the reins as the President and CEO. With Eric’s more than 10 years of experience on our Board, along with a lifetime in the church and an exceptional career in banking, he has taken control quickly with the support of our full team.

It has been our goal to make this transition as seamless as possible so that our partner churches and investors do not notice a change.

Eric is only the 6th President in our 68-year history. This commitment to stable leadership has resulted in un-interrupted service to our churches and nearly 10,000 investors. While a few billion dollars have flowed through this ministry during that time, we have never had an investor who lost even a single dollar of their investment with us. After lending nearly $2 billion, we can see God’s fingerprints on churches and changed lives around the world.

Between now and the end of 2021, Eric and I are working together with the Board to finalize this transition and transfer the key relationships so vital to our work. It has been a privilege to serve as the President and CEO over the last  7½ years. It is just as much of a privilege to serve as an advisor to our CEO and our Board.

Rest assured, CDF Capital remains in the good hands of a faithful team of Christian stewards under the guidance and protection of God.

May the mission thrive and grow into the future!


In His Service,

Dusty Rubeck

Executive Advisor to the Board & CEO

Read more from The Cornerstone Summer 2021

We hope that you are inspired by the stories in this issue of The Cornerstone. Thanks for being a part of God's work to transform churches and lives.