The Texas Baptist Missions Foundation (TBMF) has officially met the requirements of the Mabee Foundation Challenge Grant, toward the construction of the new Baptist Student Ministry (BSM) building at Baylor University, completing the $7 million building campaign.
The Texas Baptist Missions Foundation (TBMF) announced yesterday that it has officially met the requirements of the Mabee Foundation Challenge Grant, awarded in July 2024, toward the construction of the new Baptist Student Ministry (BSM) building at Baylor University.
“Thanks to the incredible generosity of so many faithful supporters, we’re thrilled to announce that we have officially met the fundraising requirements of the $1.3 million Mabee Foundation Challenge Grant for the new BSM Building at Baylor,” said TBMF Vice President Eric Wyatt. “This milestone could not have been reached without faithful partners in the Gospel.”
Upon being awarded the Mabee Challenge Grant, it was required that an additional $2.447 million (the remainder of the capital campaign) be given or pledged within the next 12 months to meet the challenge grant’s fundraising requirements. According to TBMF President Jerry Carlisle, the funds were raised and validated “over a week ahead of the deadline.” Once construction has commenced on the new BSM building, the funds will be distributed to the TBMF.
“God continually made it clear to our team that He was working in the hearts of His people to provide for His purposes. We are grateful!” said Carlisle.
Wyatt said now that the grant has been received, the $7 million campaign to build the new BSM building has been completed.
“As we move forward toward the beginning of construction this fall, the Mabee Foundation Grant deadline isn't the end –a very important milestone– but not the finish line. We continue our efforts to raise $2 million for an endowment to support this new building and ministry,” said Wyatt.
To learn more and make a gift toward the building endowment, visit baylorbsm.com/bsm-building.
Texas Baptist Student Ministry engages 1.6 million Texas college students to follow Christ and transform the world. Texas BSM currently has a presence on 130 campuses around the state.
Headquartered in Midland, Texas, the J.E. and L.E. Mabee Foundation has helped fund new construction and building renovations for non-profit organizations since 1948. It funds projects in Texas, Oklahoma, New Mexico, Arkansas, Missouri and Kansas.
Strengthening a multiplying movement of churches to live out the Great Commandment and Great Commission in Texas and beyond.
The ministry of Texas Baptists is made possible by giving through the Texas Baptists Cooperative Program, Mary Hill Davis Offering® for Texas Missions, Texas Baptists Worldwide and Texas Baptist Missions Foundation. Thank you for your faithful and generous support.
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