Hobby Lobby announces the National Christian Foundation as recipient of Northfield campus in Massachusetts
OKLAHOMA CITY, Jan. 2, 2013 /PRNewswire/ -- Effective Dec. 28, 2012, Hobby Lobby Stores, Inc. has made an irrevocable donation of the Northfield campus in Northfield, Mass., to the National Christian Foundation (NCF).
NCF is a nonprofit charity based in Alpharetta, Ga. Hobby Lobby has made donations of other properties to NCF in the past and is confident they will care for the property with the same commitment demonstrated by Hobby Lobby over the past three years. NCF will continue the work of finding a long-term owner for the property that will honor the legacy of D.L. Moody.
"We have great faith and confidence in the National Christian Foundation and their ability to be responsible stewards of this campus, and we look forward to seeing what the future holds for this historic property and wonderful community," said Jerry Pattengale, Executive Director, Green Scholars Initiative.
Established as a community foundation, NCF is the largest Christian grant-making organization in the U.S. In 2012 alone, they've sent $590 million to more than 10,000 charities around the world.
"We're thrilled with the opportunity to further preserve the heritage of the Northfield campus and to serve Hobby Lobby with their charitable giving objectives," said Steve Chapman, NCF Vice President of Communications.
Northfield Mount Hermon comprised two campuses, Northfield and Mount Hermon, until 2004 when its board of trustees decided to consolidate the school on the Mount Hermon campus, where it operates today. It sold the Northfield campus to Hobby Lobby in 2009.
About Hobby Lobby Stores, Inc.
Based in Oklahoma City, Hobby Lobby and its affiliates, including Hemispheres and Crafts, Etc!, employ more than 22,500 individuals nationwide. Hobby Lobby was founded by David Green in 1972. The company has grown from one 300 square-foot retail store to more than 500 locations in 42 states. Hobby Lobby carries no long-term debt, is open only 66 hours per week and is closed on Sundays. For more information, visit www.hobbylobby.com.
SOURCE Hobby Lobby Stores, Inc.