Mennonite Brethren Foundation
The information on this page was last updated 10/14/2024. If you see errors or omissions, please email: [email protected]
Summary
What we Do:
Planned Giving: Planned giving is any gift that needs assistance to complete. Planned gifts can include cash, commodities, stocks, real estate, or other assets. MB Foundation provides God-honoring gift planning to help you achieve your charitable goals.
Fund Management: MB Foundation manages $200 million in total assets and is experienced and qualified to assist in the management of institutional funds. As a fiduciary of these assets we have developed a system to steward funds with excellence while maximizing Kingdom impact.
Championing Stewardship: Stewardship resources and education to meet you wherever you are on your generosity journey.
Investment Certificates: Investment opportunities for individuals and ministries to earn a rate of return and make capital available for lending to churches and ministries.
Loan Program: Financing solutions for churches, ministries and MB pastors.
LeadGen: Scholarships for students exploring ministry leadership opportunities in the Mennonite Brethren church family.
Contact information
Mailing address:
Mennonite Brethren Foundation
220 East D St
PO Box 220
Hillsboro, KS 67063
Website: mbfoundation.com
Phone: 800-551-1547
Email: [email protected]
Organization details
EIN: 481092804
CEO/President: Jon C. Wiebe
Chairman: Michael Bernardoni
Board size: 11
Founder: General Conference of Mennonite Brethren Churches
Ruling year: 1991
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2005
Purpose
Our vision is to encourage Biblical principles of financial stewardship and generosity, resulting in the gathering, management, and distribution of financial resources for Christ and His kingdom.
Mission statement
Our mission is to encourage and assist individuals, congregations, and ministries in the Mennonite Brethren community with Biblical financial stewardship solutions.
Statement of faith
We are a stewardship ministry of the Mennonite Brethren denomination. We affirm and support the beliefs of US Conference of Mennonite Brethren Churches (USMB) as outlined in the Confession of Faith. To read more about our shared beliefs and the Confession of Faith, visit www.usmb.org.
Donor confidence score
This organization does not file a Form 990.
Show donor confidence score detailsTransparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Christian Foundations
This ministry has not been rated.
Financial ratios
Financial ratios for this ministry have not been calculated.
Financials
Financials for this ministry have not been collected.
Compensation
Compensation data for this ministry has not been collected.
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/14/2024. To update the information below, please email: [email protected]
History
Mennonite Brethren Foundation had its functional beginning in 1898 when an Endowment Fund was established under the management of the Board of Trustees of the General Conference of Mennonite Brethren Churches. In 1957 a gift annuity program was initiated and the first annuity was issued.
Mennonite Brethren Foundation had a more formal and intentional beginning in 1972 with the establishment of a denominational stewardship department to offer services in estate planning education, life income agreements, charitable trusts, and a variety of gift plans. The success of the planned giving programs and services linked with a perceived need to structure the organization for maximum effectiveness resulted in its incorporation in 1990 as Mennonite Brethren Foundation.
In 2003, MB Loan Fund was established and incorporated to carry on the Foundation's investment and loan programs. Charitable activities and gift planning remain the responsibility of MB Foundation. The staff and board are the same for both organizations.
To learn more about the Mennonite Brethren denomination please visit the US Conference of Mennonite Brethren Churches at www.usmb.org.
1880 - The Conference establishes a Mission Fund
Churches gather funds brought to annual conferences for disbursement.
1904 - Conference receives first planned gift
Franz Wiens initial gift is first endowment and still is managed by MB Foundation.
1933 - The Conference first reference to a Stewardship Committee
Committee authorized to invest fund notes and endowment for a loan fund.
1990 - MB Foundation Incorporated
MB Foundation is incorporated on December 28, 1990.
2003 - Mennonite Brethren Loan Fund established & incorporated.
MB Loan Fund was created to house the investment certificates and loan activities of MB Foundation.
2019 - Assets under management reach $251M
2020 - Assets under management reach $300M
Program accomplishments
$16 million record distributions to 477 charities