Building Expansion Opens Doors for GrowthBrenda Hamm
Representatives from the Mennonite Brethren national family, along with MB Foundation staff members, gathered for a Celebration and Commissioning Luncheon on September 23 for the announcement of MB Foundation’s expansion to its facilities in Hillsboro, Kansas. Construction will begin in October 2022.
The new 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 over 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 over $311 million in assets. The number of accounts it serves across the country from its offices in Hillsboro and Fresno, California, has grown by over 29 percent.
The new facility provides the opportunity to further expand staffing, services, and customer support capabilities for the Mennonite Brethren denomination and other Kingdom-building ministries.
MB Foundation Board of Directors approved the project to proceed 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,” said 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.