Ariz. Southern Baptist Convention restructures; CP Missions increased
PHOENIX, Ariz. (BP)--The Arizona Southern Baptist Convention will be restructured, and funding will be increased for Cooperative Program receipts that are forwarded to the Southern Baptist Convention and for the Arizona Regional Campus of Golden Gate Baptist Theological Seminary.
5 indicted, 3 plead guilty in Arizona Foundation case
PHOENIX (BP)--Five ex-officials of the Baptist Foundation of Arizona were indicted on charges of defrauding thousands of investors and three others have pled guilty in a plea-bargain agreement with prosecutors.
Ariz. foundation investors may see some funds in Dec.
PHOENIX (BP)–Baptist Foundation of Arizona investors may receive the first checks repaying a portion of their funds by the end of the year. Investors voted to approve the foundation’s liquidating plan of reorganization, and U.S. Bankruptcy Judge George Nielsen Jr. confirmed the plan from the bench Nov. 16. In addition, the court approved a settlement […]
Arizona messengers approve plan to reorganize state convention
PHOENIX (BP)–Arizona Southern Baptist Convention messengers approved moving forward with a plan to reorganize the state convention and elected laymen as president and first vice president at their annual meeting Nov. 14-15 in Phoenix. Presentation and consideration of a recommendation by a 14-member Vision Task Force — which was appointed earlier this year to propose […]
Arizona Securities Division moves to aid BFA investors
PHOENIX (BP)--A state government agency in Arizona filed a complaint Sept. 27 against Arthur Andersen LLP seeking restitution for at least some of the funds lost by Baptist Foundation of Arizona investors.
Ariz. Baptist foundation reaches settlement of investors’ status
PHOENIX (BP)–A disagreement over the secured versus unsecured status of Baptist Foundation of Arizona investors has been resolved, subject to court approval, according to a proposed agreement filed in U.S. Bankruptcy Court Sept. 5. The disagreement had been “the single remaining impediment” to the BFA bankruptcy case proceeding rapidly, according to a status report filed […]
One Ariz. investor repayment effort shuts down; others continue to help
PHOENIX (BP)--Restoring Our Integrity, a grassroots effort seeking to repay Baptist Foundation of Arizona investors and restore Southern Baptists' integrity, has ceased operations. However, other efforts to help those affected by the BFA crisis are continuing.
Arizonans accept severed ties with Grand Canyon University
PHOENIX (BP)--Messengers to a special called session of the Arizona Southern Baptist Convention voted March 23 to accept the severing of formal convention ties with Grand Canyon University.
Ariz. messengers to weigh in on relationship with university
PHOENIX (BP)--Messengers to a special called session of the Arizona Southern Baptist Convention March 23 in Phoenix will determine the relationship of Grand Canyon University to the state convention.
Ariz. Baptists discuss responses to foundation’s bankruptcy crisis
FLAGSTAFF, Ariz. (BP)–The 71st annual session of the Arizona Southern Baptist Convention opened with word of the Baptist Foundation of Arizona’s filing of a Chapter 11 bankruptcy petition and concluded with an offering for those left destitute by the crisis. In between, the convention highlighted “Celebrate Jesus 2000: Caring for the Valley of the Sun” […]
