MMBB: A Pioneer in Employee Benefits - The First 100 Years
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The Ministers and Missionaries Benefit Board (MMBB) was authorised in 1911 by the Northern Baptist Convention and chartered in New York State in 1913 "to promote interest in the better maintenance of the ministry.” Its core purpose was the provision of pensions to aged or disabled ministers. Its hundred-year record of success demonstrates MMBB's ability to raise adequate resources for its programmes, its long-term practice of prudent management, and a succession of competent and committed leaders.
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