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Kentucky Baptist Foundation
The Kentucky Baptist Foundation was established in 1945. It operates as the designated trust agency for the Kentucky Baptist Convention and manages over 1,100...
Kentucky Baptist Foundation
The Kentucky Baptist Foundation was established in 1945. It operates as the designated trust agency for the Kentucky Baptist Convention and manages over 1,100 endowment accounts. French Harmon holds the role of President and CEO. The foundation deploys capital through a church loan portfolio for construction and renovation projects in Kentucky, a short-term fund offering daily liquidity, and Great Commission Certificates sold to Baptist investors. Public equity holdings are managed by PNC Asset Management under a 100% socially screened mandate that excludes certain sectors. Geographic focus remains concentrated in Kentucky and the broader United States. Non-cash donation programs handle residential property, jewelry, vehicles, and grain. The firm maintains a partnership with WatersEdge Ministry Services for loan servicing that began in 2022. It holds membership in the Southern Baptist Convention and the American Council on Gift Annuities. No dated investment transactions from the last 24 months appear in available records. The foundation's structure ties investment activity directly to the Kentucky Baptist Convention as its founding entity, creating a closed relationship between capital management and denominational oversight.
General information
Firm type
Endowment / Foundation
Year founded
1945
Location
Region
North America
Country
United States
City
Louisville
Corporate office
13420 Eastpoint Centre Drive, Louisville, KY 40253, United States
Principals
French Harmon
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Kentucky Baptist Foundation?
French Harmon serves as President and CEO. Day-to-day portfolio management for public equities is outsourced to PNC Asset Management under a socially screened mandate.
Does Kentucky Baptist Foundation participate in fund commitments or only direct deals?
Activity centers on direct church loans, certificate issuance, and externally managed equity accounts. No fund commitments are documented in available records.
Where does the underlying wealth come from?
Assets derive from donations, endowment accounts, and certificate sales to Kentucky Baptist churches, institutions, and individuals.
How is Kentucky Baptist Foundation related to the Kentucky Baptist Convention?
The foundation was created as the trust agency of the Kentucky Baptist Convention and continues to operate in that capacity.
What asset classes does Kentucky Baptist Foundation hold?
Holdings include church loans, socially screened public equities, short-term fixed income equivalents, donated real estate, and non-cash gifts such as vehicles and agricultural commodities.
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