History

On October 27, 1955 the Baptist General Convention of Oregon-Washington authorized the creation of the Northwest Baptist Foundation and elected its first Board of Directors.

May 4, 1956 Articles of Incorporation accepted by State of Oregon.

1957 First church loan approved to the First Southern Baptist Church of Moses Lake, Washington.

1964 Hyde Church Loan Fund established by Homer and Lula Mae Hyde of Friona, Texas (Former Associational Missionary, Omer Hyde’s parents.)

1968 Harry Bonner elected as the first full-time Executive Director

1980 The first Charitable Remainder Trust created

1983 The Foundation exceeds $1 million in assets

1990 The Foundation exceeds $5 million in assets

1996 The Foundation exceeds $10 million in assets

1996 The Foundation and Convention relocates to Vancouver, WA

1998 The Foundation exceeds $15 million in assets

1998 First staff attorney employed

1999 The Foundation receives approval to issue Charitable Gift Annuities

2001 The Foundation exceeds $20 million in assets

2002 The first Gift Annuity with the Foundation issued

2003 Full-time Chief Financial Officer (CFO) employed

2004 The Foundation becomes a member of Evangelical Council for Financial Accountability

2005 The Foundation exceeds $25 million in assets

2006 The Foundation exceeds $31 million in assets