Kingdom Building

Charitable Gifts and Scholarships to equip for ministry

Estate Planning

Steward God's Provision Wisely

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

Charitable Giving

Bless Churches & Ministries You Care About

The Foundation partners with WatersEdge to provide tax-advantaged giving options that benefit you and the ministries you support. To find the right option for you, explore the giving vehicles below on the WatersEdge website or contact a WatersEdge giving professional at 800-949-9988 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Donor Advised Fund

Multiply gifts, maximize tax benefits and simplify the giving process — all online.

Charitable Gift Annuity

Support Gospel-centered ministries and secure lifetime income.

Charitable Remainder Trust

Make a charitable gift, earn income for yourself and your loved ones and maximize tax advantages.

IRA Charitable Rollover

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.

Beneficiary Designation

Give assets like a life insurance policy or retirement plan to ministry after your passing.

Charitable Giving Testimonial

I decided that the best vehicle for me was a Charitable Remainder Trust (CRT). By using a CRT, I could donate some highly appreciated stock and not pay any capital gains taxes, get a contribution tax deduction, and get a guaranteed income for life. I could then support the Christian charities of my choice with the endowment that remained until Jesus comes again.

I also set up a “Donor Advisory Fund” (DAF). With this fund I can make a current gift and then decide periodically what Christian charity I want to make a gift to.



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. 

Scholarship applications for the 2024-2025 academic year will be accepted from January 1, 2024 – June 1, 2024. Please download and complete our scholarship application form using the button below. Email completed forms to: This email address is being protected from spambots. You need JavaScript enabled to view it.. Applicants selected to receive scholarship funds will be notified by August 1, 2024.

Process for Awarding Scholarships

  • 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.

2021 Scholarship Recipients


First Southern Baptist Church, Clarksville

Master of Divinity Student
The Southern Baptist Theological Seminary


Corydon Baptist Church, Corydon

Master of Divinity Student
The Southern Baptist Theological Seminary


Calvary Baptist Church, West Lafayett

Youth Ministry Student
Taylor University


Calvary Baptist Church, West Lafayette

Christian Ministry Student
Taylor University


Campus Missionary
H2O Church, Bloomington

Masters of Divinity Student
Southeastern Baptist Theological Seminary


Falam Christian Church, Indianapolis

Biblical Counseling Student
College of Biblical Studies, Indianapolis


St. Joe Community Church, Fort Wayne

Masters of Divinity Student
The Southern Baptist Theological Seminary


Oolitic Baptist Church, Oolitic

Master of Divinity Student
The Southern Baptist Theological Seminary


Graceland Baptist Church, New Albany

Missiology Student
The Southern Baptist Theological Seminary

Scholarship Testimonials

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.

Paul Akinola
SBTS Student and Member, First Southern Baptist Church, Clarksville

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.

Taylor Quinley
SBTS Student and Pastor, Oolitic Baptist Church, Oolitic

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.

Isaac Mang
College of Biblical Studies Student and Volunteer Pastor, Falam Christian Church, Indianapolis

(317) 481-2400
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7805 State Road 39
Martinsville IN 46151-9535