2024 Annual Report: Yielding Kingdom Fruit
MB Foundation announces the release of its 2024 Annual Report, highlighting another year of Kingdom impact in partnership with more than 2,000 clients across 39 states.
The year was rooted in the promise of Jeremiah 17:7-8: “Blessed are those who trust in the Lord… Their leaves stay green, and they never stop producing fruit.”
“Our trust is in the Lord, who makes our leaves green and enables us to produce fruit as we labor together with Him!” said Jon C. Wiebe, President and CEO. “We’re honored to walk alongside believers whose faithful generosity is yielding fruit for Christ and His kingdom!”
In 2024, MB Foundation facilitated over $11 million in donor distributions, supporting 518 charities—from local churches and mission organizations to education institutions and conference ministries.
The year also marked the first cryptocurrency gift given through MB Foundation, demonstrating the creative ways donors are choosing to be generous with their resources.
2024 By the Numbers:
- $370 million in assets under management—an 11.6% increase from 2023
- 50% return on the standard endowment strategy
- $136 million loan portfolio—the largest in MB Foundation history
- 912 investors partnering to build the Kingdom
“Our financial growth means greater ministry impact—more churches can expand, and more lives are being transformed through Christ,” said Wiebe.
In 2024, MB Foundation contributed a record-breaking Firstfruits gift of $309,101 to the US Conference of Mennonite Brethren, pushing its total Firstfruits gifts to USMB beyond $2 million. Additional grants helped to benefit pastors and church ministry efforts, reinforcing MB Foundation’s commitment to faithfully steward the resources entrusted to them to support ministry within the Mennonite Brethren family.
New resources were launched in 2024, designed to teach children and millennials about stewardship. A Wise Steward is a 3-lesson curriculum for grades 1-5, based on concepts presented in the book Trusted by Matt Bell, a nationally-known stewardship author. A group study through Trusted is also available to help adults teach their kids how to manage money well and to discover natural teaching moments within the rhythms of everyday life.
The 2024 Annual Report features inspiring stories—such as how Richard and Lavone Sawatzky, farmers near Reedley, CA, discovered a powerful tool for fruitful giving, and how Christ Church Sellwood in Portland, OR, renovated their first worship center to expand their ministry.
Read the full 2024 Annual Report.