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Long-Time TBFA Employee Announces Retirement

Marie WebMontgomery, Alabama – The Baptist Foundation of Alabama (the Foundation) today announced that after a 21+ year career, Executive Administrative Assistant Marie Norrell, has decided to retire effective November 20, 2015. Mrs. Norrell’s decision to retire will bring to a close her time with the Foundation which began in April 1994.

Barry Bledsoe, President, said, “I do not know of anyone more loyal or more dependable than Marie Norrell. She has done an excellent job of making sure that everything runs smoothly for our Board, our staff, and our clients. All of us associated with The Baptist Foundation of Alabama will miss her.”

“I want to say thank you to The Baptist Foundation of Alabama family for these last 21 years,” Mrs. Norrell said. “Looking back, I truly appreciate my time here. It has been a blessing to work with the Foundation team and Baptists around the State of Alabama.”

Mrs. Norrell was honored by the Board of Directors of the Foundation at the firm’s semi-annual Board meeting on October 29, 2015. She will be celebrated by the staff later this month. Any cards or letters of appreciation for Mrs. Norrell may be sent to the offices of The Baptist Foundation of Alabama, P.O. Box 241227, Montgomery, Alabama, 36124-1227.

The Baptist Foundation of Alabama (TBFA) was founded in 1940 to steward Christ-honoring gifts on behalf of generous Alabama Baptists for ministries in Alabama, around the United States, and across the world. TBFA is committed to assisting givers impact their favorite ministries in the largest possible way. Today, the Foundation administers almost 250 million dollars of God’s money given by God’s people for God’s purposes. From providing estate planning services for churches and individuals, to managing financial resources effectively and efficiently, The Foundation is proud to play a vital role in helping share the Gospel of our Lord Jesus Christ. TBFA is a Cooperative Program Agency of the Alabama Baptist State Convention.

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TBFA Holds Annual Investment Forum

TBFA Holds Annual Investment Forum

Point Clear, Alabama – On October 13, 2015, The Baptist Foundation of Alabama (TBFA) held its annual investment forum at The Grand Hotel in Point Clear, Alabama. TBFA staff gathered with members of its Board of Directors as well as its investment managers and other invited guests for this informative, one day event.

Representatives from the following investment managers were in attendance:

  • Ceres Partners LLC
  • Courage Capital Management
  • Dimensional Fund Advisors
  • International Farming Corporation
  • Private Advisors, LLC
  • Reinhart Partners, Inc.
  • Resource Management Service, LLC
  • SSI Investment Management
  • Stonebridge Advisors LLC
  • Weaver C. Barksdale & Associates

To start the day, Barry Bledsoe, President of TBFA, welcomed the group and introduced Ed Litton, Senior Pastor at Redemption Church, who opened the meeting with a devotional. Nathan McCarthy, TBFA’s Investment Officer, then provided an update on the Foundation’s investment management process.

The keynote address this year was delivered by Brian Wesbury, Chief Economist of First Trust Portfolios, LP. Mr. Wesbury gave an entertaining and information-packed session on the current global economic climate, centered around the prosperity of the United States economy relative to the other participants in the world market.

Finally, the investment managers joined in the investment roundtable, where they were invited to share their own unique perspective on the current climate in their respective marketplace, as well as compare thoughts on the economy and investment landscape in general.

Barry Bledsoe said, “This year’s annual investment forum was another great time to gather with our dedicated managers, Board members, and others to share insights, ask questions, and generate ideas. Our staff did a great job organizing this event, but none of it would have been possible without the investment managers. We are grateful to them not only for their attendance at this year’s event, but also for their partnership with the Foundation as we steward well the assets generous Baptists have entrusted to us.”

The Baptist Foundation of Alabama (TBFA) was founded in 1940 to steward Christ-honoring gifts on behalf of generous Alabama Baptists for ministries in Alabama, around the United States, and across the world. TBFA is committed to assisting givers impact their favorite ministries in the largest possible way. Today, the Foundation administers almost 250 million dollars of God’s money given by God’s people for God’s purposes. From providing estate planning services for churches and individuals, to managing financial resources effectively and efficiently, The Foundation is proud to play a vital role in helping share the Gospel of our Lord Jesus Christ. TBFA is a Cooperative Program Agency of the Alabama Baptist State Convention.

2015 Senior Adult Evangelism Conference

Barry Bledsoe, President of The Foundation, will make a ten minute presentation on estate stewardship at the 2015 Senior Adult Evangelism Conference. Other staff from The Foundation will be available to answer questions attendees may have regarding estate stewardship or legacy planning.