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.
First church loan approved to the First Southern Baptist Church of Moses Lake, Washington.
Hyde Church Loan Fund established by Homer and Lula Mae Hyde of Friona, Texas (Former Associational Missionary, Omer Hyde’s parents.)
Harry Bonner elected as the first full-time Executive Director
The first Charitable Remainder Trust created
The Foundation exceeds $1 million in assets
Total Church Loans made to date exceed $1 million.
The Foundation exceeds $5 million in assets
The Foundation exceeds $10 million in assets. The Foundation and Convention relocate to Vancouver, WA
Clint Overall is employed as the Foundation first staff attorney. The Foundation exceeds $15 million in assets
The Foundation receives approval to issue Charitable Gift Annuities
The Foundation exceeds $20 million in assets
The first Gift Annuity with the Foundation issued
Stephen Brock becomes the first full-time Chief Financial Officer (CFO). Total church loans made to date exceed $10 million
The Foundation becomes a member of Evangelical Council for Financial Accountability
The Foundation exceeds $25 million in assets
Cris Yaw becomes the Foundation’s full-time Family Financial Planner
The Foundation exceeds $40 million in assets and total church loans to date exceed $25 million
Ashley Seuell is hired to work with trusts and estates.
Kurt Lenhoff is hired as the Seattle Area Manager to give the Foundation a face in the Puget Sound Region
President Thomas Hixson finishes 21 years with the Foundation, Karla Inman retires after 19 years, and Clint Overall becomes the 6th President.
Our first Chief Financial Officer, Stephen Brock, retires after 16 years with the Foundation. Jessica Adams comes on board in February as our second CFO.