Development and Trust Agency for Churches

By: Barry G. Allen- President & CEO

           

Your Kentucky Baptist Foundation has been serving Kentucky Baptist churches for more than 68 years by providing stewardship related services, which have included administering endowment and trust funds that benefit churches and other Christian causes, educating individuals and couples about the importance of having a Christian estate plan that includes a benefit for their church and equipping churches in how to be more proactive in cultivating and securing estate gifts for their benefit.

Since its inception in 1945 the KBF has been identified as the “trust agency” of the Kentucky Baptist Convention. Today, I am delighted and excited to announce to you the messengers to the annual meeting of the Kentucky Baptist Convention meeting in Paducah on November 12 approved a recommendation that now adds to the KBF’s identity the designation of “development agency” for cooperating affiliated Kentucky Baptist Convention churches, including but not limited to, promoting legacy gifts to and administering funds of those churches.

This new designation is a result of the review process conducted this past year by the agencies and institutions advisory committee and KBC executive director Paul Chitwood. This new designation recognizes the reality that Kentucky Baptist churches are the most overlooked charities in the realm of estate stewardship, and for our churches to be successful in reaching their communities and the world for Christ, they must be equipped to cultivate and secure legacy gifts from their members.

So, as together we look forward to what lies ahead, the KBF desires an even closer relationship than it’s ever had to you and your churches. How you as a Christian plan your estate likely will be the single most significant stewardship decision you will ever make.

Call upon the KBF to become your and your church’s development and trust agency. Your KBF staff stands ready to assist; we are just a toll free call away. Go ahead and make an appointment with us now, even if the appointment date will be in early 2014. We look forward to your call.

For more information, please call us at (502) 489-3533 or toll free in KY at 1(866) 489-3533.

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.