Endowment / Foundation

Updated:

MMBB Retirement Plan

The Ministers and Missionaries Benefit Board of American Baptist Churches Retirement Plan was established to provide retirement and benefit services to clergy...

MMBB Retirement Plan

The Ministers and Missionaries Benefit Board of American Baptist Churches Retirement Plan was established to provide retirement and benefit services to clergy and church employees affiliated with American Baptist Churches USA. The plan deploys capital across real estate, private debt, timberland, commodities, and venture capital. Confirmed holdings include positions in SJF Ventures III and Infrastructure and Energy Private Equity. Investments span the United States and global markets through structures such as the MMBB New Horizons Fund. Assets total $3B. The plan maintains relationships with BNY Mellon as custodian, BDO USA as auditor, Mercer as actuary, Fidelity as recordkeeper, and Vanguard as an investment manager. It sponsored the MMBB Re-Think, Re-Invest Financial Conference in Philadelphia in March 2024. The plan functions as the core retirement vehicle for American Baptist Churches USA, with governance tied directly to the denomination through board and operational linkages.

General information

Firm type

Endowment / Foundation

Year founded

AUM

3000 (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, United States

Sector focus

Real EstatePrivate CreditVenture CapitalCommodities

Frequently asked questions

Who runs investment decisions at MMBB Retirement Plan?

Investment decisions are overseen internally with no named CIO or external manager disclosed in available records.

Does MMBB Retirement Plan participate in fund commitments or only direct deals?

The plan holds both fund commitments such as SJF Ventures III and direct assets including commercial real estate through the New Horizons Fund.

What asset classes does MMBB Retirement Plan allocate to?

Allocations include diversified commercial real estate, private debt, timberland, multi-manager commodities, and venture capital.

How is MMBB Retirement Plan related to American Baptist Churches USA?

MMBB serves as the primary retirement plan for American Baptist Churches USA and maintains a formal business partnership with the denomination.

Does MMBB Retirement Plan maintain philanthropic structures?

Yes. It operates the Heritage of Sharing annual appeal and the MMBB Legacy Fund for emergency assistance to members.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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