LifeWay Agrees on Terms of Sale for Ridgecrest - Word&Way

LifeWay Agrees on Terms of Sale for Ridgecrest

Ridgecrest sign

NASHVILLE (BP) — LifeWay Christian Resources has reached an agreement to sell Ridgecrest Conference Center and Summer Camps to the Ridgecrest Foundation. The two groups plan to complete the transfer of the North Carolina property and ministries by the end of 2020. Terms of the agreement were not announced. LifeWay sold its other campground, Glorieta Conference Center, in 2013.

Ridgecrest sign

Ridgecrest Conference Center and Summer Camps , located in North Carolina, first opened in 1909.

“God has answered our prayers by providing a potential owner who loves the ministries of Ridgecrest and wants to see the legacy of those ministries continue,” said LifeWay President and CEO Ben Mandrell. “From the beginning of this process, our intention was to find a buyer that would continue to offer a Christian conference center environment and the operations of the boys and girls camps.

“We’re thankful God has brought us the right steward for Ridgecrest’s future,” Mandrell said. “I love this group’s heart for ministry and their desire to provide a place for spiritual transformation and discipleship.”

The newly formed Ridgecrest Foundation is an independent, nonprofit ministry created by individuals “who are passionate about the mission of the conference center and camps and are committed to supporting the ongoing ministries of Ridgecrest,” Mandrell said.

Representatives of the foundation expressed their appreciation for LifeWay and their excitement about the next chapter of Ridgecrest.

“We are incredibly grateful for LifeWay’s faithful stewardship of Ridgecrest Conference Center and Summer Camps over the past 100-plus years, and we have tremendous respect for LifeWay leadership’s integrity and approach during this process,” said Steve Little, a representative of the Ridgecrest Foundation, who lives in N.C.

Working with the Ridgecrest Foundation, LifeWay plans to continue using Ridgecrest Conference Center for future events including student camps, CentriKid and the Black Church Leadership and Family Conference.

LifeWay announced in April their intention to sell Ridgecrest citing changes in organizational strategy, rising costs and uncertainty due to COVID-19 as reasons for the transfer of the ministries and property. During an April 23 board meeting, LifeWay trustees authorized a recommendation for the organization’s executive team to pursue viable options for the sale of the N.C. property and operations of its camps and conference center.

“The decision to sell Ridgecrest will ensure its future and allow LifeWay to focus on our core ministry,” Mandrell said. “Ridgecrest is well-positioned for future success under new stewardship, and we are working together with the Ridgecrest Foundation toward a strong ministry future — both in the short term and in the long term.”