Endowment and Reserve Funds
Endowments are directed toward specific needs at BSK. The endowment funds are named for prominent Kentucky ministers and most provide funding for faculty. BSK receives annually a distribution amount based on a spending formula of about 3.5%. These funds are managed by the Kentucky Baptist Foundation and HighGround Advisors.
Greg and Nell Earwood Presidential Endowment
Franklin P. Owen, Sr. Chair of Pastoral Studies
Bill and Earlene Rentz Turner Chair of Preaching and Worship
Eldred M. Taylor Chair of Biblical Studies
Reserve Funds are also directed toward specific needs at BSK but their total accumulation is less than the $50,000 necessary to establish an endowment. BSK receives either a certain percentage annually or the donor directs a certain amount for use during the year.
You may contribute to any of these endowment or reserve funds at any time.