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The staff and Board of Directors of the North Carolina Baptist Foundation extend greetings to you. Thank you for visiting our website. It is our desire to be of service to you and your church family in creative stewardship development
The Foundation is one of two Convention agencies. Along with the Biblical Recorder, which serves as the information agency, the Baptist Foundation is an agency providing trust services for individuals and institutions. The mission of the Foundation is basically twofold:
(a) To provide information related to extending stewardship involvement beyond earthly life through many innovative techniques utilizing endowment and trust funds. Good stewards desire to support Kingdom work all of their lives and, in that the Christian lives forever, it is exciting to realize that gifts into endowment funds continue working until the Lord returns, and
(b) To provide the framework for managing funds placed with the Foundation as Trustee by individuals and by the institutions, including churches, associations, and the Convention. Our objective is to protect the assets placed in trust and endowment funds while providing a reasonable income as well as internal growth in principal assets. The Foundation seeks to provide the institutions with a permanent financial base which supplements the cash flow normally expected with current giving.
As Trustee of many deferred gifts into charitable remainder trusts, we provide a service to individuals who seek to: (1) increase income from currently owned assets; (2) bypass capital gains taxes on appreciated assets; (3) reduce taxation on eventual transfer of income to heirs; (4) receive current benefits by creating charitable contributions; and (5) designate future charitable beneficiary(ies) of the donated assets.
The Foundation staff and counselors are available to assist your church in conducting seminars on wills and estate planning, speak to senior adult or other groups, and/or meet with individual members for estate planning purposes. A host of video and printed material is available for assisting you with your ministry. We have regional offices conveniently located near you. Please give us a call soon.
M. Clay Warf
Executive Director
The North Carolina Baptist Foundation is an agency of the Baptist State Convention of North Carolina committed under the guidance of the Holy Spirit to serving North Carolina Baptists and others in generating an increased awareness of Christian estate stewardship principles as a means of financially undergirding churches, institutions, and mission endeavors on a permanent basis.
And further, the Baptist Foundation staff and board of directors
are committed to being scrupulously moral, legal, efficient,
and accurate in carrying out the
intent of each donor and trustor whose funds are placed under management of
the Foundation as a means of sustaining a tangible and perpetual
involvement in presenting
the Gospel, meeting human needs, and strengthening all bodies of Christian
fellowship where Christ is the Head.
Throughout the existence of the Foundation, its mission has been to fulfill the purpose as set forth in the Charter issued in 1920 in assisting individuals within the "Missionary Baptist Convention of North Carolina" in attaining the maximum stewardship potential and to increase the permanent financial support of Baptist institutions and mission causes. The work of the Foundation was carried on for the first 42 years by volunteers and board members. Since 1962, the staff has increased from a single Executive Secretary to the present staff consisting of eight full-time employees, two part-time employees, and fourteen money managers. Assets under management have increased to $126 million.
As servants of Christ, we want the North Carolina Baptist Foundation to be the premier state Baptist foundation in the nation, offering an investment program second to none and an array of services to meet the ongoing stewardship needs of Baptist individuals and institutions.
“Premier”… because we will not be satisfied with being anything less than the very best at what we do. We will continue to search and reach for ways to make our services more efficient and effective, adding new services as circumstances dictate and opportunity affords.
“Investment program second to none”… because we hold in trust assets left for the benefit of the greatest cause known to mankind—the cause of Christ and the work of the Kingdom. We offer solid, socially-screened investments which produce consistently good returns over time. Therefore, we are committed to use the very best money managers available as well as expert consultants to enhance investment performance.
“An array of services”… because the stewardship needs of Baptist individuals and institutions are always changing as the investment landscape changes. We are committed to taking advantage of every ethical and legitimate opportunity to build support for Kingdom causes.
“Ongoing
stewardship needs of Baptist individuals and institutions”…
because our ministry is stewardship. We are first and foremost a trust
agency. We remember every day the parable of Jesus where the master
was not pleased with the servant who hid his portion and simply returned
to the master what he had been given. Our purpose is to help Baptist
individuals and institutions increase their God-given blessings for
the purpose of pleasing the Master through enhanced ministry in the
name of Christ.