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Rev. Larry D. Layne – New Eldercare Chaplain

The Foundation is pleased to announce Rev. Larry D. Layne will be taking Rev. Tom Randall’s place upon his retirement. Larry is a native Alabamian with a B.A. from Samford University and a M. Div. from Southwestern Baptist Theological Seminary. Larry comes to the Foundation with more than 27 years’ experience as Senior Chaplain with Baptist Hospice in Montgomery. Larry also serves as a Chaplain (Col) at the State Headquarters of the Alabama Air National Guard, Montgomery, Alabama. Larry is married to Royce Layne and they have one daughter, Heather.

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Rev. Tom Randall Retires December 31, 2016

Rev. Tom Randall, who has served The Baptist Foundation of Alabama as vice president of ministry for more than 17 years, retired December 31, 2016. His primary role has been to oversee TBFA’s Eldercare Ministry.

A native of Georgia, Rev. Randall earned his bachelor’s degree from Mississippi College in Clinton and his master of divinity degree from Southern Baptist Theological Seminary in Louisville, Kentucky.

He served as a pastor for 30 years, serving for more than 24 years at First Baptist Church, Union Springs.

As head of the Eldercare Ministry, Rev. Randall helped fulfill the “walk along beside” clients aspect of TBFA’s mission as he assisted men and women in managing their lives and finances during their senior years.

Rev. Randall said he most values “the relationships with the people” he made while serving with TBFA. He and his wife, Judy, are members of First Baptist Church, Montgomery, and have two children and seven grandchildren.

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Bill McCrary Retires June 30

Bill-McCraryBill McCrary, Vice President for Church Relations at the Baptist Foundation of Alabama, will retire on June 30. He has served at the Baptist Foundation since October 2007. Previously, he served in the USAF for 25 years and for 12 years as the Safety and Training Officer for the local water works board.

Bill has most enjoyed meeting and developing relationships with Alabama Baptists all over the state. He has worked extensively to explain the important work of the Baptist Foundation, currently in its 75th year. A key element of the Baptist Foundation’s mission has been the expansion of the effort to encourage Alabama Baptists to consider the legacy they will leave behind, as the potential for Kingdom expansion through legacy giving is unsurpassed.

Bill and his wife, Diane, will remain in Montgomery where they are members of First Baptist Church. Bill has served as deacon chairman and stewardship chairman. Both he and Diane are active in the music ministries of First Baptist. They have two daughters and four grandchildren. Bill says he will hopefully play a little more golf…but most importantly reach deeper into the ministry opportunities at First Baptist.

The legacy that Bill desires to leave at the Baptist Foundation is to know that he played a small part in energizing the legacy stewardship “muscles” of Alabama Baptists. The opportunity we have before us through legacy stewardship is truly an Ephesians 3:20 experience!

If you would like to congratulate Bill on his retirement, please call him at (334) 394-2009 or send him an email at bmccrary@tbfa.org.

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TBFA Holds Legacy Conversation Workshop in Birmingham

TBFA Holds Legacy Conversation Workshop in Birmingham

Birmingham, Alabama — On April 19, 2016, The Baptist Foundation of Alabama (TBFA) hosted a Legacy Conversation Workshop at Hunter Street Baptist Church. Church leaders in attendance heard from TBFA staff about the ways an effective legacy ministry can serve church members by providing them an estate plan that honors their family and their faith.

Representatives from the following churches were in attendance:

Hunter Street Baptist Church
Lakeside Baptist Church
Pell City Baptist Church
Vestavia Hills Baptist Church

Barry Bledsoe, President of TBFA, gave an overview of the Foundation and the components of an effective legacy ministry. A video testimony by Dr. Jay Wolf, Senior Pastor at Montgomery’s First Baptist Church, was also shared. This video, along with others, can be viewed here: https://vimeo.com/tbfa/videos.

“At The Baptist Foundation of Alabama, we are passionate about equipping churches to serve their members with an effective Legacy ministry. We would like to thank the representatives from these churches for attending this successful event.” said Barry Bledsoe.

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 to 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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2015 TBFA Annual Report

2015 TBFA Annual Report

The digital version of the 2015 TBFA Annual Report is available. Printed copies will be available in approximately two weeks.

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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.

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Nathan McCarthy, TBFA Investment Officer, Earns Accredited Investment Fiduciary Designation

Nathan McCarthy, TBFA Investment Officer, Earns Accredited Investment Fiduciary Designation

The BaptistNathan-McCarthy Foundation of Alabama is proud to announce that Nathan McCarthy, its Investment Officer, has been awarded the Accredited Investment Fiduciary® (AIF®) Designation from the Center for Fiduciary Studies™ (the Center), the standards-setting body for fi360. The AIF Designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. The Designation is the culmination of a rigorous training program, which includes a comprehensive, closed-book final examination under the supervision of a proctor, and agreement to abide by the Code of Ethics. On an ongoing basis, Designees are required to complete continuing education to maintain the AIF Designation.

Nathan McCarthy joined The Baptist Foundation of Alabama in February 2010 as the Investment Officer. Nathan is responsible for and is involved in all areas of the Foundation’s investments and investing process. This includes all areas of the design, implementation, allocation, reporting and client communication of the investment portfolios offered to all clients of the Foundation. Nathan works closely with an external institutional investment consultant and together they guide the Foundation’s seven-member Investment Committee. Prior to joining the Foundation, he was a licensed securities professional at Merrill Lynch. Nathan spent five years as a partner on a three-person institutional consulting team in Montgomery, Alabama. Prior to this, Nathan worked as a design and manufacturing engineer with Lockheed Martin. His work was involved in aeronautics, but mainly on the F-22 Raptor program located in Atlanta, GA. He earned his undergraduate degree from Kennesaw State University, in Industrial Engineering in 2003. He is now attending New Orleans Baptist Theological Seminary, working on his Masters of Divinity.

McCarthy FamilyNathan, his wife Caron and their three children are active members of First Baptist Church of Montgomery, where he serves in a variety of leadership positions.

Fi360, based near Pittsburgh, Pa., is the first full-time training and research facility for fiduciaries, and conducts training programs at universities throughout the United States and abroad. The Center for Fiduciary Studies confers the AIF Designation as well as the Accredited Investment Fiduciary Analyst™ (AIFA®) Designation. AIFA Designees are the only recognized professionals trained to perform fiduciary assessments, which measure how well investment professionals are fulfilling the fiduciary duties required of them by the applicable investment legislation, case law, and regulatory opinion letters.

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 to impact their favorite ministries in the largest possible way. Today, the Foundation administers over 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 Staff Attends the Alabama Baptist State Convention 2014

TBFA Staff Attends the Alabama Baptist State Convention 2014

Birmingham, Alabama – Representatives from The Baptist Foundation of Alabama (TBFA) were in attendance at the 2014 Alabama Baptist State Pastor’s Conference and Convention held at Lakeside Baptist Church in Birmingham, Alabama, on November 10-12, 2014.

The theme of this year’s Convention was SERVE—Starting new churches, Evangelizing the lost, Revitalizing churches, Volunteering to be on mission, and Engage culture with the gospel. The Foundation is proud to play a role in each of these Kingdom-building activities through the administration of gifts left by generous Alabama Baptists.

Barry Bledsoe, President of TBFA, said, “Every year, we at The Foundation look forward to the Alabama Baptist State Convention’s annual conference. What a joy it was for us to report on the activities at TBFA, visit with clients and friends, and be inspired by the many ways God is using our convention to advance his Kingdom.”

2014 Convention

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 over 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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The Alabama Baptist Highlights Christian Estate Planning Through TBFA

The Alabama Baptist Highlights Christian Estate Planning Through TBFA

Montgomery, Alabama – In the latest issue of The Alabama Baptist, Dr. Bobby S. Terry, Editor, published an editorial entitled, “The Greatest Act of Christian Stewardship.” In the article, Dr. Terry describes his recent experience with creating a Christian estate plan through The Baptist Foundation of Alabama (TBFA).

The full article can be found below, but highlights from Dr. Terry’s thoughts include,

  “The need for help in estate planning is great. Reports indicate that 55 percent of all people do not have a will and 71 percent of people under 35 do not have a will.”

  “For me, the catalyst to act was an offer by The Baptist Foundation of Alabama (TBFA) to consult with PhilanthroCorp, a stewardship planning organization based in Colorado Spring, Colo….”

 “PhilanthroCorp reviewed our wills…they raise questions that helps one think Biblically about Christian stewardship. Then they help find the best ways to accomplish whatever goals are set.”

 “For a Christian, estate planning begins on one’s knees asking what God would have one do as stewards of what He has entrusted to them. It requires creative biblical thinking. Then it deserves wise plans for implementation. For me, TBFA and its partner organization PhilanthroCorp were valuable resources in the process. I commend them to you.”

Barry Bledsoe, President of TBFA, said, “We are so pleased that Dr. Terry was willing to share his excellent estate planning experience in the pages of The Alabama Baptist. We believe the pews of Baptist churches in Alabama are filled with members who would greatly benefit from these free professional services. These services not only help individuals with all of the practical aspects of planning, but also offer spiritual insight regarding this important and overlooked act of financial stewardship. TBFA is committed to spreading the message of estate stewardship, and we stand ready to assist any Alabama Baptist interested in exploring a sound estate plan that can honor their family and their faith.”

Click Image Below for Full Article:

Bob Terry Article Image

 

 

 

 

 

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 over 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..