ALEXANDRIA, La. —
The Louisiana Baptist Foundation Board of Trustees met on June 23, 2026, to conduct the business of the Foundation. Ray Swift, the Director of Pastoral Leadership for Louisiana Baptists, provided a devotional message rooted in Psalm 13.
Investments
Representatives from Graystone Consulting presented their report to the Board, highlighting the Foundation’s overall growth in its investments, ongoing adherence to its investment policies, and discussing market forecasts for the remainder of the year. Jared Price, the Foundation’s Executive Director, reported that as of May 2026, the Foundation’s assets under management had exceeded $339 million, the annualized yield for the Short-Term Fund was 4.5%, and the Group Investment Fund’s year-to-date performance was 7.6% while its trailing 12-month performance was 16.9%.
Audit
The Board approved the independent audit presented by Becca Nation, CPA of Payne, Moore & Herrington, which stated that the Foundation’s financial statements presented fairly, in all material respects, the financial position of the Foundation as of December 31, 2025.
Operations
Price reported that as of May 2026, operational expenses remained under budget, and its reserves were in a healthy position.
Strategic Plan
Price also reported on the Foundation’s progress toward its strategic plan: to advance the Kingdom by $200 million in 20 years or less by facilitating charitable gifts, managing money, and providing other services that strengthen Louisiana Baptist churches and ministries. He noted that from July 2020 through May 2026, the Foundation has helped to advance the Kingdom by over $132 million. Price shared additional remarks regarding future plans for realigning systems, services, and practices for simplicity, efficiency, and overall progress.
Recognition
The Board concluded its meeting with a recognition of outgoing board member Kay Fleming and retiring staff member Kim Deville.
The Louisiana Baptist Foundation remains thankful for the support of Louisiana Baptists and remains committed to advancing the Kingdom: one dollar at a time, one ministry at a time, one life at a time.
