DALLAS (BP)–C. Joe McIntosh, managing director of endowment and supplemental assistance at the Annuity Board of the Southern Baptist Convention, has resigned after eight years as the board’s chief fund-raiser.
In his resignation letter to President O.S. Hawkins, McIntosh said: “We are on target to complete the current three-year, $12 million “Fulfilling the Promise” effort in 1999. This seems to be the right time for my family and me to consider some new ministry opportunities. The Annuity Board endowment program and relief ministry now enjoy a solid base of friends and support.”
During McIntosh’s years with the Annuity Board, endowment funds increased from $6.6 million to $33.9 million.
Southern Baptist Convention Cooperative Program allocations to the Annuity Board are all spent in relief grants, and the endowment assets pay all administrative expenses for the ministry. Additionally in 1998, the Annuity Board was able to supplement convention allocations of $1.2 million and provide a total of more than $4.3 million in supplemental assistance and special Adopt An Annuitant gifts to more than 3,000 individuals and couples.
The Adopt An Annuitant ministry, supported by direct gifts, provides an extra $75 each month to annuitants whose regular monthly retirement benefits are very small. When McIntosh took charge of the program in 1991, there were 784 adopted annuitants receiving $50 gifts each month. Today there are 2,709 people receiving $75 each month.
Annuity Board President O.S. Hawkins said McIntosh “has provided servant leadership with integrity and attained meaningful results in designing and implementing programs that are blessing thousands of retired ministers and their widows. His dedication has been an inspiration to me personally as well as the staff of the Annuity Board. Not only will we build upon the solid foundation Joe has laid but will feel free to seek his counsel as we continue to expand our endowment and relief ministries. We extend best wishes to him in his future work.”
McIntosh came to the Annuity Board in 1991 from the former Southern Baptist Radio and Television Commission, where he was director of major and planned gifts. He holds the doctor of education degree from the University of North Texas where his graduate study focus was on philanthropic support of nonprofit institutions. He also is a graduate of Southwestern Baptist Theological Seminary, Fort Worth.
John R. Jones, executive vice president and chief operating officer, said, “Joe and his staff are great examples of the compassion and practical help we want to characterize the Annuity Board. They have raised more than $24 million for needy Southern Baptist ministers in the past eight years. Joe brought high professional credentials and unquestioned integrity to his work. We, and all Southern Baptists, owe him our thanks.”
