Welcome to the Baptist Foundation of Illinois

Larry Douglas Morrow, Jr. Executive Director

Larry Douglas Morrow, Jr. Executive Director

(L to R) Mr. Ted Zimmerman, Board Chair; Ms. Jenny Cox, Secretary; Rev. David Howard, Vice Chair

Why We’re Here ……...

Baptist Foundation of Illinois exists to help individuals, churches, associations, and institutions, meet their charitable and financial goals.  All that we do is designed to amplify the impact Christian individuals and organizations have on the world around them.  For a more up to date overview of all five of BFI’s areas of work, included our current financial performance, click here.

For organizations and individuals, BFI offers investment options that provide a sound rate of return while promoting Kingdom purposes.  BFI offers cash management, Long Term Fixed Income, and Defined Maturity Church Bonds for both organizations and individuals.

For individuals, BFI is helping persons of faith all across Illinois give with greater impact, while minimizing taxation and, in many cases, increasing personal income.  Giving strategies include gift giving during one’s lifetime as well as total estate planning.  For donors/advisors of Baptist Foundation of Illinois Donor Advised Funds, access is provided to a catalog of high impact missions giving opportunities throughout Illinois.

BFI is a member organization of the Illinois Baptist State Association and is governed by a twenty-one member board of trustees charged with the organization’s governance and ensuring the integrity of BFI investments.  BFI’s financial statements are audited annually by an independent auditor. Download or view BFI’s 2014 final audit report here.  David Edwards, Esq. of the Edwards Group, LLC serves as the BFI Trust Counsel.


BFI Bonds build new churches and provide other capital loans for renovation or expansion to Illinois Baptist Churches throughout the state.  The best way to learn about this type of investing is from the prospective of the investor and from the church.


Current BFI Bond Availability (as of the close of business day February 5, 2016) is described below.

  • 1 year bonds yield 1.25% annually; 2 year, 2.25%; 3 year, 3.0%; 4 year 3.6%; and 5 year yield 4.25% per year.
  • BFI Bonds are secured by first position mortgage with no more than 50% Loan to Value in underwriting.

You may select the maturity you wish in the available bond issue and call 217.391.3116 or click below to reserve and request the paperwork.

2015L ( a Church in Southeastern Illinois): SOLD OUT

2016B (Hopewell Church, Pana, in Central Illinois):  SOLD OUT

2016C (Vale Church, Bloomington):  900 initially, 332 remaining

View Prospectus          CLICK TO RESERVE

2016D (New Light Evangelical Baptist Church, Chicago, IL):  209 initially, 209 remaining

View Prospectus    CLICK TO RESERVE

2016F (Lighthouse Community Church, Nashville, IL):  550 initially, 550 remaining

View Prospectus     CLICK TO RESERVE

Baptist Foundation of Illinois encourages Illinois Baptists to respond, both individually and corporately, to God’s call of stewardship upon their lives, connecting them with ministry opportunities that transform the world with the Gospel of Jesus Christ.

Baptist Foundation of Illinois      3085 Stevenson Drive       Springfield, IL  62703       217.391.3116      Doug.Morrow@BaptistFoundationIL.org