Snyder Memorial Baptist Church established the SMBC Foundation in order to accept gifts to establish endowment funds so that the proceeds can benefit various local, national and international missions and benevolent causes.
SMBCF funds are invested through the North Carolina Baptist Foundation, Inc. A nine-person board of trustees composed of Snyder members oversees the funds and meets throughout the year to review the funds, accept applications for grants or scholarships, and to decide how proceeds will be distributed. Questions or applications may be directed to Jerry Wood, 2011 chairman of the SMBC Foundation Board, or Geron Gambill, Church Administrator.
Gifts may be directed toward these funds which will increase the principle and generate more proceeds to support the designated causes. New funds may be established with a minimum gift of $5000.00.
Following are the categories of funds with a brief description of each fund.
Missions and Benevolence
Rossie Barnhill Trust (1994) - Designated for home and foreign missions and the Baptist Children’s Home of NC.
J.D. and Mae Murray Bruton Missions Fund (2007)- Benefits Fayetteville OIAM, Inc.
T.E.& Daphine Koontz Fund (1996)- Supports various global mission projects.
Donald Hyman Fund (1986)- Supports Baptist Children's Home of NC.
Dalton Fund (1985)- Training/support of lay persons for lay ministry.
G.W. Bell Fund (1986)- Benevolent causes.
Poole Missions Fund (1990)- Supports the annual Lottie Moon Mission Offering and Global Missions.
Edmonds Cancer Fund (1986)- In memory of Gerald Edmonds, assists persons with the expenses associated with cancer treatment.
Floyd Gharet Benevolent Fund (1985)- Benevolent and/or mission causes.
Willis Family Fund (1984)- Supports the Bessie G. Snyder Fund, the church’s general fund, and places flowers on the graves of Willis family members in perpetuity.
Snyder Undesignated Fund (1983)- May be used for various capital and missions projects.
Endowed Orchestra Chairs
The Snyder Memorial Baptist Church Endowed Orchestra Chair program began in 2004. Since that time 14 partially or fully endowed chairs have been established which enable the orchestra to excel and play at a proficiency level rarely found in a local church. For more information about these funds, contact the music and worship office.
Nancy Hollings, Clarinet Chair (2004)
Widman, Violin One Chair (2005)
Grace Butler Keith, Oboe Chair (2006)
Endowed Viola Chair (2006)
Marie Godwin, French Horn Chair (2006)
William O. Harrell, Flute Chair (2007)
Don and Katherine Beard, Trombone Chair (2007)
Doris C. Lundy, Violin 2 Chair (2007)
Donald W. Lundy, Trombone 2 Chair (2007) by
Sherrill and Ursula Baggett, Cello Chair (2007)
Endowed Clarinet Two Chair (2008)
Aliene and A.C. Greene, Sr. String Bass Chair (2009)
C. Parker and Mildred Poole, Concertmaster Chair (2010)
Weeks Parker, Jr., French Horn 2 Chair (2010)
Eric Kristeller Trumpet, 2 Chair (2011)
Education and Project Funds
C. P. & Mildred Poole Education Fund (1990)- Projects that enhance education.
R.T. & Martha Smith Children’s Fund (1992)- Supports children’s ministry projects.
(Requests for grants should be submitted in writing to the chairman)
Edna W. and Wilbur T. Edwards Scholarship Fund (1998)- Student scholarships to Campbell Divinity School.
The Catherine Lord Fund (1994)- Awards scholarships to students pursuing a degree in religious education.
Bob & Sylvia Haynes Music Scholarship Fund (1998)- College students majoring in music, especially church music.
Clara A Crocker Memorial Scholarship Fund- Assists children of single parents in attaining undergraduate degree.