Representatives from the Mennonite Brethren national family, along with MB Foundation staff and board members, were invited to a Celebration and Commissioning Luncheon Sept. 23 for the announcement of MB Foundation’s expansion to its facilities in Hillsboro, Kansas. Construction will begin in October 2022.
The two-story addition will be located north of the current building and will tie into the facility, creating an L-shaped building when it is completed. Additional parking along the north and east lines of the property is included in the project. It will double the size of MB Foundation’s current headquarters.
“We are investing in the expansion to allow for the continued growth we’ve seen since moving to our current location five years ago,” said Jon C. Wiebe, president and CEO. “We need room to continue the trajectory we are on.”
Since 2017 MB Foundation has increased its staff by more than 50 percent and has experienced consistent growth in the funds it manages, up more than 70 percent. Today, MB Foundation has 19 staff members in Hillsboro, and it manages more than $311 million in assets. The number of accounts it serves across the country from its offices in Hillsboro and Fresno, California, has grown by more than 29 percent.
The new facility provides the opportunity to further expand staffing, services and customer support capabilities for the Mennonite Brethren denomination and other ministries.
MB Foundation Board of Directors approved the project during its April meeting, seeing it as a logical step in the organization’s growth strategy.
“There is great potential for broadening our stewardship teaching, assisting individuals with faith-minded legacy giving and partnering with ministries to expand their facilities,” says Wiebe. “We want to be ready to serve our clients and the broader constituency of the Mennonite Brethren national family.”
The completion of the project is anticipated in Spring 2023.
MB Foundation is the stewardship ministry for the Mennonite Brethren church family in the United States. MB Foundation, headquartered in Hillsboro, Kansas, encourages and assists individuals, congregations and ministries in the Mennonite Brethren community with biblical financial stewardship solutions.