By Lonnie Wilkey
Editor, Baptist and Reflector
BRENTWOOD — In a move aimed at increasing the number of children and families served while reducing costs, Tennessee Baptist Children’s Homes has announced plans to streamline its residential care by moving to regional campuses.
The effort is an attempt to “be good stewards of the resources the Lord provides for our ministry,” said TBCH President Greg McCoy.
In recent years TBCH reserve funds have “taken a nose dive,” McCoy said. While TBCH had about $13.5 million in reserve funds in 2004, the entity now has $5 million in “funds available for use,” McCoy said. [Read more…]