Kingdom Building

Charitable Gifts and Scholarships to equip for ministry

Estate Planning

Uniquely Equipped to Serve Your Estate Planning Needs

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

Charitable Giving

Bless Your Church or Ministry of Choice

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:

  • Charitable Trusts

  • Donor Advised Funds

  • Endowments

Make a gift from an IRA account.


Donors aged 70½ or older who make a contribution directly from a traditional IRA to a qualified charity can donate up to $100,000 without it being considered a taxable distribution. The deduction effectively lowers the donor's adjusted gross income (AGI).  We are happy to help you make this gift. Email us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call us 317-481-2400, ext. 300 for assistance.

Make a gift of appreciated stocks or securities.

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. 


Learn More about giving stocks or securities

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.

Donor Advised Trust Application


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.

Ann M. Pearson

Scholarships

The Baptist Foundation of Indiana is proud to administer funds established by generous donors to provide scholarships to Indiana Baptists. During the past 42 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. 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.

Process for Awarding Scholarships

  • 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.

Apply for a Scholarship
Church Endorsement Form

2020 Scholarship Recipients

PAUL AKINOLA

Member
First Southern Baptist Church, Clarksville

Master of Divinity Student
The Southern Baptist Theological Seminary

TIMOTHY BITZ

Member
Graceland Baptist Church, New Albany

Master of Divinity Student
The Southern Baptist Theological Seminary

KIRK BOKENKAMP

Member
Corydon Baptist Church, Corydon

Master of Divinity Student
The Southern Baptist Theological Seminary

CHELSEY CORRELL

Member
Oak Park Baptist Church, Jeffersonville

Music Ministry Student
Boyce College

ANDREW HOLT

Intern
Oak Park Baptist Church, Jeffersonville

Master of Divinity Student
The Southern Baptist Theological Seminary

BRENDAN KEEFER

Member (Missionary Kid)
Oak Park Baptist Church, Jeffersonville

Computer Science & Mandarin Chinese Student
(Preparing for Bi-vocational Church Planting)
Wheaton College

TAYLOR QUINLEY

Pastor
Oolitic Baptist Church, Oolitic

Master of Divinity and Christian Ministry Student
The Southern Baptist Theological Seminary

BETHANY RILEY

Member
Graceland Baptist Church, New Albany

Missiology Student
The Southern Baptist Theological Seminary

DEVEN SMITH

Pastor of Discipleship and Family Ministry
Plainfield Baptist Church, Plainfield

Master of Divinity Student
The Southern Baptist Theological Seminary

ESTHER SONG

Member
New Hope Korean Baptist Church, Carmel

Christian Education Student
The Southern Baptist Theological Seminary

Scholarship Testimonials

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! 

Chelsey Correll
Boyce Student and Member, Oak Park Baptist Church, Jeffersonville

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

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

Deven Smith
SBTS Student and Associate Pastor, infield Baptist Church, Plainfield

(317) 481-2400 x300
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3021 E. 71st Street
Indianapolis, IN 46220

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