The mission of the FMBC Foundation is to enable the members and others to perpetuate Baptist faith and discipleship through the support of biblically-based initiatives to serve the needs of the membership and others in and beyond the local church. The Foundation was created in 2009 as a separately incorporated, nonprofit, tax-exempt, public foundation sponsored by the membership of FMBC.

The contributions received by the Foundation are invested in a balanced portfolio with oversight of its Board of Directors. Only the earnings from the investments are available for grants. All guidelines regarding the contribution, investment, use and disbursement of Foundation funds are determined by the Foundation bylaws.