# Barnabas Foundation

Barnabas Foundation is an Endowment / Foundation based in Crete, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Crete, United States
- **Region:** North America
- **Address:** 3801 Eagle Nest Drive Suite B, Crete, IL, United States
- **Founded:** 1976
- **Assets under management:** 469 (Altss estimate)
- **Website:** www.barnabasfoundation.com
- **LinkedIn:** https://www.linkedin.com/company/barnabas-foundation

## Regulatory record

- **Reports private funds:** No

## About

Barnabas Foundation was established in 1976 by James Bakke, J.D. It operates as a non-profit that manages charitable assets and distributes grants to religious organizations. The foundation allocates across private equity, hedge funds, private credit and real estate. It maintains positions in common trust funds valued at $469 million as of July 2025. Geographic exposure includes North America with indicated activity in Europe, Asia and emerging markets. Holdings include Barnabas Foundation Properties LLC for donated real estate and notes receivable of $17.2 million. The firm employs 51 professionals. It maintains relationships with Marquette Associates for investment consulting since 2010. Recent activity includes sponsorship of the Annual Conference in October 2024 and the 50th Anniversary Celebration Dinner in January 2025. Barnabas Foundation uses separate entities such as Barnabas Charitable Trust and Barnabas Charitable NFP to hold and distribute assets for mission-related purposes.

## Sectors

- Diversified

## People

- James Bakke, J.D. — Executive Director
- Kurt Knoll — Director of Investments and Member Relations

## Questions

### Who runs investment decisions at Barnabas Foundation?

James Bakke, J.D. serves as Executive Director. Kurt Knoll serves as Director of Investments and Member Relations.

### What asset classes does Barnabas Foundation deploy into?

Allocations include private equity at 8.84 percent, hedge funds, private credit and real estate.

### Does Barnabas Foundation accept non-cash donations?

Yes. It receives real property, cryptocurrency, farm commodities and notes receivable.

### Where does Barnabas Foundation maintain investment relationships?

Marquette Associates has provided investment consulting and performance reporting since 2010.

### What is the investment horizon for Barnabas Foundation commitments?

The foundation targets investment horizons between 5 and 15 years.

## Related profiles

- [WGBH Educational Foundation](https://altss.com/profile/wgbh-educational-foundation)
- [BGM Wealth Partners](https://altss.com/profile/bgm-wealth-partners)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/barnabas-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology