Tuesday, September 19, 2017

Giving Through Kentucky Baptist Foundation

By: Laurie Valentine

For the past 23 years I have had the privilege, as Trust Counsel of the Kentucky Baptist Foundation, to encourage and educate Kentucky Baptists about how they can make a lasting difference for the cause of Christ in this world by using the Kentucky Baptist Foundation to accomplish their charitable giving objectives.

The Kentucky Baptist Foundation is the trust agency of the Kentucky Baptist Convention. It can receive gifts during your lifetime or at death for the support of all Kentucky Baptist and Southern Baptist causes. The Foundation, as a “member of the family”, has a special appreciation for the mission and ministry of the causes that will be supported through your gifts. This connection assures you, as the giver, the Foundation has each cause’s best interests in mind as it manages the gifts made for that cause’s benefit.

Many givers want to benefit more than one cause and realize that dividing their gift may result in lower total support. A single fund can be set up with the Kentucky Baptist Foundation to provide support to more than one Baptist cause. This can result in more consistent levels of support for all----each cause will have the benefit of the same level of competent investment management oversight services and the economies of centralized fund management.

Making the Kentucky Baptist Foundation the manager of your gift assures the causes you want to support are left to do what they were called to do---missions, Christian education, child care, evangelism, disaster relief, etc.

I encourage you to learn how you can practice your financial stewardship at a deeper level through the Kentucky Baptist Foundation.

For more information, contact the Kentucky Baptist Foundation at 502-489-3533 or 1-866-489-3533 (Toll-free, Kentucky only)

The information in this article is provided as general information and is not intended as legal or tax advice. For advice and assistance in specific cases, you should seek the advice of an attorney or other professional adviser.

Thursday, September 7, 2017

School Time!

By: Richard Carnes

The beginning of a school term is always an exciting time for our children and young adults as they return to school and college campuses across the commonwealth. I recently received pictures of my oldest granddaughter as she began her first day of preschool. There was a twinkle in her bright eyes and a tear in mine as I reflected on her blessed life so far. For my granddaughter, the beginning of her next educational adventure should be smooth. But, for many budding young scholars, the hope of achieving their academic dreams may be deferred due to a lack of sufficient financial resources.

The Kentucky Baptist Foundation is honored to work with numerous donors whose passion is helping students receive the necessary financial support to achieve their educational goals. One example of this collaboration is the scholarship funds that donors have created to help off-set the costs of students’ education. For the upcoming academic year, the Kentucky Baptist Foundation had the privilege of awarding 56 scholarships to college and seminary students totaling $78,150 from the 17 scholarship endowments administered by the Foundation.

You may share this same commitment to helping students achieve their educational goals and would like to explore how you can implement a legacy gift plan to fund a scholarship endowment like the ones referenced above. Or you may have a Christian school, college or Baptist seminary that you would like to support through a legacy gift.

The Kentucky Baptist Foundation staff is available to assist you by providing guidance in creating these scholarship funds and charitable endowments to support worthy Christian education causes across the state and the nation. To make intentional plans to care for your family and the ministries God is inspiring you to support, call upon the Kentucky Baptist Foundation as a helpful partner. If you have questions, please contact the Kentucky Baptist Foundation office at our toll-free number (866) 489-3533.

Richard Carnes is the president of the Kentucky Baptist Foundation, P O Box 436389, Louisville, KY 40253; toll-free (866)489-3533; KYBaptistFoundation.org.

The information in this article is provided as general information and is not intended as legal or tax advice. For advice and assistance in specific cases, you should seek the advice of an attorney or other professional adviser.