Only God knows your future, but smart financial planning can make it a little less “uncertain.” Creating an estate plan is an important step in the process, and it’s one of the best ways to protect you and your family while also leaving a meaningful gift to ministry at your passing.
The 4 basic building blocks of an estate plan are:
Last Will & Testament
Durable Power of Attorney for Financial
Durable Power of Attorney for Healthcare
Advance Directive for Healthcare
Multiply gifts, maximize tax benefits and simplify the giving process — all online.
Support Gospel-centered ministries and secure lifetime income.
Make a charitable gift, earn income for yourself and your loved ones and maximize tax advantages.
If you’re 70 1/2 years of age or older, you can give charitably and reduce income tax by making gifts directly from your IRA.
Leave a legacy gift that will keep on giving to the ministries you love, long after you’re gone.
Give assets like a life insurance policy or retirement plan to ministry after your passing.
The Baptist Foundation of Indiana is proud to administer funds established by generous donors to provide scholarships to Indiana Baptists. During the past 40-plus years, we have awarded over $253,000 in scholarships to 656 applicants!
Scholarship funds are available to assist in college tuition costs for members of State Convention of Baptists in Indiana (SCBI) churches, who are called to and preparing for vocational ministry. Scholarship funds are limited and are awarded based on need and parameters set by scholarship fund donors. Scholarships are not available for doctoral candidates.
Complete your application by June 1.
Endorsement form from your SCBI church is due by June 1.
BFI's scholarship committee reviews information from all applicants and examines available funds.
Recommendations are brought to the Board of Directors for approval.
Applicants awarded scholarships will be notified by August 1.
Scholarship funds will be sent to the recipients' schools in early fall.
I am so grateful and honored and want to say thank you for your generosity – your scholarship will help me to achieve my educational and ministry goals. It will help me have more time for studies, family, and ministry in the church and the church.
My family and I are continually amazed at how God has provided for us during this season of life. Certainly, receiving this year's BFI Scholarship is evidence of God’s providential care. In covering a significant portion of this year’s tuition, I am able to continue pursuing my call to church ministry without the fear of placing school on “pause” to save the necessary funds.
My special thanks to [scholarship] donors. You are a channel of blessing. With your obedience to give financial offerings to God, the ministry that God has called me into will be made possible. Please remember that you are always part of the ministry.