By Baptist Message staff
ALEXANDRIA, La. (LBM) — On Wednesday, Jeffrey Steed announced he will retire on May 31 as executive director of the Louisiana Baptist Foundation, having served in this leadership role since April 1, 2020.
According to an LBF press release, Steed plans to travel with his wife, Shana, and they will be spending time with family in Texas.
Aimee and Jared Price with children (L to R) Daniel, Amelia, Nathaniel, and Adeline.
The LBF Board of Trustees met April 23 and named Director of Planned Giving Jared Price to serve as interim executive director, starting June 1. Price has served in his present post since October 2022.
During Steed’s tenure, more than $70 million has been achieved toward the Foundation’s Vision200 strategic plan (impacting the Kingdom with $200 million or more in 20 or fewer years), and the Foundation has reached its highest short-term fund rate in more than 16 years.
Following Steed’s announcement, LBF trustees released a statement expressing appreciation to him and reaffirming their commitment to the stewardship ministry they provide Louisiana Baptists.
“The Board and Staff of the Foundation are grateful to Steed for his five years of faithful service as Executive Director and are excited to embrace Price in his new role,” they wrote. “The Foundation looks forward to continuing God’s work to help advance the Kingdom… one dollar at a time… one ministry at a time… one life at a time.”
