Total Assets (2013): $2,381,755
Total Assets (2012): $4,046,909
Total Giving (2013): $1,629,736
Total Giving (2012): $2,971,375
Prominent Grants: Church-based grants provide seed funding for small startup projects of churches and Christian organizations around the world. The Harvey Fellows Program provides financial support to Christian students who are pursuing graduate studies at premier institutions in fields considered to be underrepresented by Christians. Theology of Work grants fund theological institutions to instruct seminarians, pastors, and educators in a biblical basis of a theology of work.
Summary: The Mustard Seed Foundation is a Christian family foundation established in 1983 under the leadership of Dennis W. Bakke and Eileen Harvey Bakke. The Foundation was created as an expression of their desire to be faithful stewards of the financial resources entrusted to them, to bring together the members of their extended families into common ministry, and to advance the kingdom of God. The Foundation provides grants to churches and Christian organizations worldwide that are engaged in ministry including outreach, discipleship, and economic empowerment. The Foundation also awards scholarships to Christians pursuing advanced educational degrees in preparation for leadership roles in both the Church and society.
In 2012 the Foundation ceased international giving in order to limit administrative expenses and maximize giving through grants and scholarships.