Hobby Lobby has awarded a new recipient with the Northfield, Mass., campus founded by Christian evangelist D.L. Moody.
The arts and crafts retail chain said it made an "irrevocable donation" to the National Christian Foundation, a nonprofit charity based in Georgia.
NCF is the largest Christian grant-making organization in the United States The nonprofit sent $590 million to more than 10,000 charities around the world in 2012 alone. The foundation will continue the work of finding a long-term owner for the campus to honor the legacy of Moody.
"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," Steve Chapman, NCF vice president of communications, said.
Hobby Lobby has donated other properties to NCF in the past. Company leaders believe the nonprofit will diligently care for the property like Hobby Lobby has over the past three years.
"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," Jerry Pattengale, executive director of the Green Scholars Initiative, said.
Hobby Lobby originally gave the property to Grand Canyon University, a Christian school based in Arizona. Grand Canyon later backed out of the deal, citing unexpected expenses and conflicts with Northfield city leaders.
The Northfield Mount Hermon school was made up of two campuses until 2004 -- Northfield and Mount Hermon. Its board of trustees decided to consolidate the school on the Mount Hermon campus, where it operates today. The board sold the Northfield campus to Hobby Lobby in 2009.
Meanwhile, Hobby Lobby continues its fight against the Obamacare contraception mandate in court. The company's conservative Christian owners, the Green family, say they have to remain true to their faith by not providing abortion-inducing drugs.
Their attorney said Hobby Lobby won't provide the morning-after and week-after pills in its employee insurance plan. The health care mandate took effect Jan. 1, 2013.
Hobby Lobby risks fines of more than $1 million a day for ignoring the Obamacare mandate.