Endowments begin with a monetary gift.  The gift can be made during an individual’s life or they can designate a  gift through their estate to the church that the church will receive upon their death.

The purpose of an endowment is to create a source of continual monetary support for a mission or ministry of the church in perpetuity.  Different to general giving which supports the yearly church budget, endowments are separate from the church budget and remains year after year.  The dividends their principle produce allow the church to do ministry and mission above and beyond what the general church budget supports.

A church elected Trustee Committee of seven individuals oversees nine of our ten endowments at First Baptist Church outlined. Each trustee serves a three-year term.  

A church elected Legacy Endowment Committee of seven individuals oversees the Legacy Endowment Fund. The Legacy Endowment Committee consists of individuals serving a one to three-year term depending on their role.

All endowment investments of First Baptist Church Carrollton are managed by CBF Foundation.  First Baptist Church carefully vetted their ability to wisely administrate these endowments.    

Yes!  Our trustees are available to help in that conversation of how you can contribute to a current endowment that reflects a ministry or mission at First Baptist Church that you care deeply about.  They are also available to help guide you in how to establish a new endowment and the minimum gift amount that is needed to do so.

1. Ruth Burns Music Fund – Income from this fund to be used in support of the music ministry of FBC.  
   
   
2. Fletcher Mission Project / Camp Fund – Income from this fund to be used for FBC mission projects with particular emphasis on the FBC annual mission trip and camps for children.  The money can be used to help defray the total cost of the trip or assist those who don’t have adequate funds to pay for the trip.  
   
   
3. Merrell Endowment Fund – Income from this fund to be used for maintenance and repairs of FBC’s seven (7) stained glass windows facing Newnan Street. 
   
   
4. Pearl Nix Scholarship Fund – Income from this fund to be used for scholarship awards to young people of the FBC family preparing for college.  Priority will be given to those attending seminary in pursuit of his/her call into the ministry.  Priority is given to FBC members, but awards may be made to non-members of FBC.  
   
   
5. Nix-McCollum Local Missions Fund – Income from this fund to be used to meet needs in Carroll County which are within the responsibilities of FBC’s Missions and Evangelism Team.
   
   
6. Steve Davis Endowment Trust – Income from this fund will be used to help underwrite maintenance and capital improvements of buildings and grounds and to provide start-up funds for special projects initiated or assumed by the Church.  The Trust serves as a repository and growth vehicle for stocks, bonds, cash and collectibles donated or bequeathed to FBC.  Also, donations that are undesignated by the donor shall be deposited in the Trust.
   
   
7. Rev. C.R. and Ophelia McCutcheon Scholarship – Income from this fund will be used for the undergraduate scholarship awards to children of fulltime ministers and undergraduate and seminary scholarship awards to adults making career changes to fulltime ministry.  Preference is given to children of full-time FBC ministers and to FBC members who make a career change to pursue any Christian ministry.  
   
   
8. Michael L and Andrea H. Stone Fine Arts Trust – Income from this fund to be used to provide financial resources to the Fine Arts Ministry of the Church.  Fine Arts includes Visual Arts (painting, drawing, sculpting, writing, graphic design & photography) and Performing Arts (communications, drama, instrumental, vocal & puppetry).
   
   
9. Sheri Davis Children’s Ministry Fund – Income from this fund to be used for Children’s ministries such as VBS and camps through First Baptist Church.  
   
   
10. Legacy Endowment