SUPPORTING CASWELL FOREVER
FRIENDS OF CASWELL ENDOWMENT ESTABLISHED AT THE NC BAPTIST FOUNDATION
An opportunity is available for friends of Caswell to support the ministry of the North Carolina Baptist Assembly. It is an endowment managed by the NC Baptist Foundation. The annual income from gifts given to the endowment supports Caswell in perpetuity.
The original concept governing the use of proceeds from the growth of the endowment stated that no funds were to be used until it exceeded $100,000. The total now exceeds $712,000. Now one half of the generated income may be used by Caswell.
Many of you know how Caswell has grown and improved over the past 30 years. It has been an unprecedented time of development. It could not have happened had it not been for the dedication of volunteers and generous “Friends of Caswell”. We have been very blessed.
We are grateful for the leadership and foresight of Dr. M.A. Huggins and the officers of the Baptist State Convention who purchased this 288 acre site from the federal government in 1949 for $86,000. We pledge to use the proceeds of the endowment wisely and prayerfully under the leadership of the Holy Spirit. Should you wish to make a contribution, you can be confident that this is our guiding principal.
You may make a contribution to the endowment at any time you wish. The NC Baptist Foundation staff will be glad to assist you with estate planning to support the ministry of Caswell.
You may make your contribution directly to either of the following:
NC Baptist Foundation, 201 Convention Drive, Cary, NC 27511-4257
NC Baptist Assembly, 100 Caswell Beach Road, Oak Island, NC 28465