scholarship stories

SCHOLARSHIP FUNDS

A scholarship fund is a permanently restricted account established at MBF by a donor that regularly distributes earnings from the Fund to award scholarships. Often, these special endowments bear a name in honor or memory of an individual or family. 

THE NEED

A donor wants to make a gift that will provide support for educational scholarships through a perpetual stream of income. The donor may wish for the scholarships to be awarded to students attending a particular educational institution or to students studying for a particular degree. There may be a desire to allow for additions by family or friends to grow the scholarship fund. 

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MBF Reviews Next Steps

On May 24, 2016, the Western District Missouri Court of Appeals issued a ruling in favor of the Executive Board of the Missouri Baptist Convention in its lawsuit against the Missouri Baptist Foundation.  The Foundation is now reviewing the decision and will decide what the appropriate next steps will be.  The Foundation respects the judges of the Missouri courts and the work they do, even as it does not agree with the outcome.  The Foundation will continue to perform its duties to its clients as it has done for all the 70 years of its existence, seeking to serve the mission and ministry efforts of all Missouri Baptists.

 

 

Plan for Your Future

Attorney Registry

Find an Attorney in Your Area

MBF has developed an online attorney registry.  This list is compiled of attorneys around the state that specialize in the area of planned giving.  Find someone in your area today! 

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Use the MBF Wills Planner to being your estate plans.

Online Wills Planner

The Online Wills Planner is designed to help you gather the information your attorney will need to plan for your future. You will be guided through a series of questions that will help you identify your family members, estate assets and financial goals.

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 Investment Performance

The Foundation provides investment management of endowments, reserve funds, scholarship funds, charitable trusts, charitable gift annuity reserves, cemetery funds, building funds, and other funds that support ministry organizations.  

Learn about our current Investment Performance.

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