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 provide basic protection for you and your family. Your Plan can make sure that the things you own are given to individuals (family, friends), and organizations (churches, other charities) who will use them in ways that are consistent with your faith, goals, and priorities.
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
Our experienced staff can help you draft important legal documents and assist with planned giving and trusts. A smart, well-crafted Estate Plan will give you and your family peace of mind – and it can leave a valuable legacy for future generations through:
Donor Advised Funds
Save capital gains taxes and receive a charitable deduction when you make a gift of appreciated stocks or other securities. Transfer securities to the Baptist Foundation of Indiana’s brokerage account and we’ll do all the work to transfer the gift to the ministry of your choice.
Make a gift to a Donor Advised Fund with the Foundation.
Get a tax deduction this year and support various ministries over the coming years. A donor advised fund allows you to make a gift and secure a charitable income tax deduction in the current calendar year. Then, you can make grant recommendations to your favorite ministries at a future date. Click the link to download a donor advised ministry account application.
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. The Foundation accepts applications beginning November 1 for the following Fall/Spring academic school year. Applications and supportive documentation must be received by April 1 in order to be considered for a scholarship. Scholarship awards are determined in May.
Application completed by April 1. (Online application opens Nov. 1)
Endorsement of the SCBI church where the applicant is a member in good standing is submitted by April 1.
In April the committee reviews information from all applicants and examines the funds available.
Recommendations are brought to the Board of Directors for approval.
Scholarship applicants will be notified by May 15.
Scholarship funds will be sent to the recipients' schools in July or August.
I am so grateful to the Lord for his provision through BFI. Because of the sacrificial giving of others I have the opportunity to be further equipped for ministry. This scholarship has removed financial burdens so that I can be more invested in my classes. To God be the glory!
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.
I am also blessed by the BFI's commitment to support the theological training of men and women from Southern Baptist churches all across our state. I pray that each dollar would be maximized and stewarded by recipients for their growth in the knowledge of God and His Word, the advancement of Christ's Kingdom, the good of His Church, the proclamation of the Gospel, and the advancement of the Gospel to the Nations. - Philippians 4:16-20