Foundation

Foundation

The Kansas-Nebraska Southern Baptist Foundation assists people in financial stewardship, manages the assets entrusted to it, and distributes the money to the ministries supported by the Kansas-Nebraska Convention of Southern Baptists.

The Mission Of The Foundation: Missions

At the very heart of Baptist life are two great issues. The first is that every person and the entire world belong to God. We are accountable to God for how we use our lives and all that He gives to us. The second is that we have been called to His mission, which is to proclaim the good news of salvation to all people. The purpose of the Kansas-Nebraska Southern Baptist Foundation is to assist believers in living out these great truths.

God has chosen to support His work by giving money to His people and then asking them to give it to His evangelistic and missionary causes. We provide a channel for people to assist in His work over and above what He has asked them to do in their local churches. We provide a means for people to leave the portion of the estate that God has trusted to them for His purpose. We assist people, at no cost to them, to prepare an estate plan that allows them to be good stewards and missionaries until the Lord returns.

The Foundation manages the funds entrusted to us as good stewards. The earnings and the money given to us are given to the missionary and evangelistic causes for which they have been intended. It is our intent that your Foundation be a great missionary force for Kansas-Nebraska Southern Baptists and more importantly for the Kingdom of God.

Foundation Funds

The following funds have been established by the Kansas-Nebraska Southern Baptist Foundation (hereinafter referred to as the KNSBF) to support mission causes sanctioned by the Kansas-Nebraska Convention of Southern Baptists (hereinafter referred to as the KNCSB) and are readily available for new or additional gifts. Please feel free to make gifts to any of these funds and/or ask a KNSBF representative about any other cause you may wish to remember with your gifts.

Allison Smith Memorial Fund

This fund is to provide a scholarship for a student committed to full-time Christian service who is from a Kansas-Nebraska Southern Baptist church and attending any Southern Baptist seminary.  The Christian Higher Education Commission shall recommend students.

Bertha Smith New Work Fund

This fund is to provide pastoral aid, preferably for the first year of new work and no more than two years.  The aid would be given as recommended by the KNCSB Director of Missions.

Bivocational Pastors Endowment Fund

The earnings from this endowment fund are used to assist bivocational pastors in the KNCSB, especially those without adequate health insurance and/or annuity protection.

Christian Higher Education Fund

The earnings of this endowment fund are used for scholarships to students attending Southern Baptist colleges, universities and seminaries, from churches in the KNCSB.

Church Sites Loan Fund

This fund is loaned to KNCSB churches for purchasing church sites only with low interest for a period of time generally three (3) years or less.

Collegiate Ministries Support Fund

This fund is to provide support for health insurance, retirement, medical/dental or other financial needs of eligible campus ministry employees, working for or under the auspices of the Collegiate Ministries Department of KNCSB.

Delbert M. & Mary M. Baxter Memorial Endowment Fund

This fund was created in 2011 for the purpose of granting scholarships to students attending Southern Baptist colleges, universities and seminaries.  The Christian Higher Education Commission shall recommend students.

Eastern Nebraska Association Fund

The earnings from this endowment fund are for the establishment of new mission work and strengthening churches of Southern Baptist faith in the Eastern Nebraska Southern Baptist Association.

Ed VanLandingham Music Scholarship Fund

This fund is to be used for annual music scholarships to recipients selected by the KNCSB music department.

Evangelism Support Fund

This fund is used for equipping persons in evangelism and supporting evangelism projects.

Gift Annuity Fund

This fund was established to receive assets and/or funds in trust with an agreed income to donor and/or designees of donor for life or term, and then a designated Southern Baptist Christian cause will benefit from the gift.

Harold L. Conley Foundation Support Fund

This fund was established in memory of Harold L. Conley who served as Business Administrator for the Foundation from 1977 to 2005. The income from this fund will go to support expenses of the Foundation.

International Missions Support Fund

The earnings from this fund support the ongoing work of Southern Baptist international missions.

J. Oscar Rhodes New Work Fund

This fund is to provide pastoral aid, preferably for the first year of new work and no more than two years.  The aid would be given to new work as recommended by the KNCSB Director of Missions.

Kansas City Kansas Baptist Association Fund

The earnings from this endowment fund are used for the establishment of new mission work and strengthening churches of Southern Baptist faith in the Kansas City Kansas Baptist Association area.

Kelley Shelton Women’s Leadership Fund

This fund was started in June 2005 to provide opportunities for Kansas-Nebraska WMU women to experience growth in leadership skills.  Grants will be approved by the KNCSB Women’s Leadership Endowment Fund Team.

KU University Christian Fellowship Endowment Fund

This endowment fund was initiated in 1992 to support the campus ministry of the University of Kansas in Lawrence, Kansas.

Lavonne James Women’s Evangelism Fund

This fund was started in February 2012 to provide financial support to Kansas-Nebraska women attending evangelism training or participating in evangelistic events.  Grants will be approved by the KNCSB Women’s Leadership Endowment Fund Team.

Le Claire Weills Memorial Fund

This fund was started in July 1990 for the benefit of the Viola Webb Missions Offering.

Missions Assistance Fund

This fund is to be used for mission causes sanctioned by the KNCSB and requested by the Executive Director and Missions Director of the Convention.

Mr. & Mrs. T. J. McIlvain Memorial Trust Fund

This fund is to benefit youth ministry projects, youth evangelism projects, and new work projects in Kansas-Nebraska.

Property Fund

This fund is to receive and hold properties (real and personal) in trust.

Revolving Building Loan Fund

This fund is be used for the development of new and existing Baptist churches cooperating with the KNCSB. It may be used in the purchase of land, construction of a building, or remodeling of an existing structure. Interest generated by this fund is used by the Kansas-Nebraska Convention of Southern Baptists to fund field missionaries.

Savings Holding Fund

This fund receives, manages and invests for maximum secured earnings various sums held in building funds by our Kansas-Nebraska Southern Baptist churches and associations.

State Missions Fund

This fund is to be loaned to acquire sites and build buildings exclusively for new churches and missions. The interest received from these loans will be used in meeting the needs of people and for promoting the general missionary purpose of the KNCSB.

Undesignated Fund

To fund is to receive any gifts received by the Foundation for causes supported by the KNCSB.

Vanderbilt Church Planting Fund

This fund is to be used for the acquisition of land and/or facilities to assist in planting churches in the KNCSB.

Webster Conference Center Endowment Fund

The earnings from this endowment fund are to provide support and development for Webster Conference Center, Salina, Kansas.

Weir Baptist Camp/Youth Endowment Fund

This fund was started in May 2014 to support Weir Baptist Camp, Weir, Kansas, for capital expenditures, major maintenance, or normal monthly expenses in the case of camp financial crisis.  If the camp is closed, the income shall be used to provide camp scholarships to youth in the Southeast Kansas Baptist Association.

Wilbur Noble Memorial Scholarship Fund

This fund was established in January 2008 to provide scholarships for students attending any Southern Baptist college, university, or seminary who are in training for ministry or missionary service.  The scholarship is not intended for doctoral students.

 


 

Christian Estate Planning Seminars

A Christian Estate Stewardship Seminar is a seminar providing information on Christian Wills and Revocable Living Trusts and is sponsored by the Kansas-Nebraska Southern Baptist Foundation at no cost to the local church or association.  If you would like to schedule a seminar in your church or association, please contact Bob Clark at 1-800-984-9154 or email him at bclark@kncsb.org.

 


 

Christian Estate Planning Consultations

The Kansas-Nebraska Southern Baptist Foundation provides Christian Estate Planning consultation services to members of churches affiliated with the Kansas-Nebraska Convention of Southern Baptists.

These Estate Planning services provided by the Baptist Foundation include confidential consultations and preparation by attorney of all necessary estate planning documents if client has a benevolent interest in mission causes supported by the Kansas-Nebraska Convention of Southern Baptists. A request is made for a minimum of 10% of one’s residual estate after both spouses are deceased, all debts are paid, and all children are grown and educated through college. To set up an appointment, please contact Rev. Bob Clark at 1-800-984-9154 or send an e-mail to bclark@kncsb.org.

 


 

Loans Available to Churches

The Foundation makes loans to Kansas-Nebraska Southern Baptist missions and churches to purchase land, an existing building, build a new building and/or remodel existing buildings.

The loans can be for any length of time up to a maximum of fifteen (15) years with variable interest every three (3) or five (5) years.

A portion of the interest received from loans is given to the Kansas-Nebraska Convention of Southern Baptists for the support of field missionaries.  The remaining interest is being added to the corpus of the Revolving Building Loan Fund so more funds will be available to loan to churches.

If you are thinking about buying, building and/or remodeling, please refer to:

The Foundation now has 2 interest rate options effective 01-01-17 as follows:

3-Year Adjustable:

This interest rate will remain the same for three years. It will adjust on each third anniversary of the loan to the then current 3-year adjustable interest rate. It may not adjust more than 3% (300 basis points) up or down any any three year adjustment or 5% (500 basis points) over the life of the loan.
Current rate: 4.75%

5-Year Adjustable:

This interest rate will remain the same for five years. It will adjust on each fifth anniversary of the loan to the then current 5-year adjustable interest rate. It may not adjust more than 5% (500 basis points) up or down over the life of the loan.
Current rate: 5.00%

PLEASE NOTE: The above rates are subject to change without notice.

 


 

Staff Contacts

R. Rex Lindsay – Church Planting Team, Town and Country Missions Consultant; Interim President KNCSB Foundation
peck@kncsb.org
Office 785-228-6800 xt 804, Mobile 785-231-9294

Mari Parker – Sending Team Leader
mparker@kncsb.org
Office 785-228-6800 xt 826, Mobile 785-640-2317

Becky Holt – Financial Services Manager
beckyholt@kncsb.org
785-228-6800 xt 807

Keep an eye on the calendar for board meetings and other events and the blog for updates, news, and resources.

Skills

Posted on

November 13, 2017