2017 Annual Report

n a g n i Mak

I M PACT 2017 ANNUAL REPORT

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Major

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$170,676,329

$26,530,756

$3,445,447

$1,251,376

Assets Under Management

Market Value of Donor Advised Funds

Endowments

Donated to Create New Gift Annuities and Endowments to Benefit UM Churches and Agencies

2017

QUICK FACTS

$14,399,265

$6,085,156

New Dollars Contributed

by Churches

Market Value of All Gift Annuities, Charitable Trusts and Life Estates Under Administration

$770,303

$307,000

Payouts Made to Charitable Gift Annuitants and Trust Holders

Amount allocated to fund Grants (20% of annual income)

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T

he small, aging congregation of Lake Arthur United Methodist Church where approximately 20 people worship each week, was worried about keeping its doors open. This church in southwest Louisiana shared a pastor with another church 13 miles away.

The pastor appointment was part-time, allowing little time for more than preaching and some pastoral care. The energy and vitality of the church was waning and resources were limited. The youth group was non-existent.

They gathered everyone they could on a Friends and Family Night and asked all in attendance for their prayers and promises: prayers for the church, and promises they would make to the church.

The announcement from Bishop Cynthia Fierro Harvey, telling them about Donald Clayton’s

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Donald Clayton’s generous endowment has given Lake Arthur United Methodist Church a new outlook on the future.

2017 Annual Report

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generous gift, was like manna from heaven. A gift that would provide the funds for a full-time pastor, a brand new parsonage, and a rainy day fund for incidentals for this 126-year-oldchurch, forever.

Clayton, a successful petroleum engineer who now lives in the Houston area, attended Lake Arthur United Methodist Church as a child. He feels that without the support and teachings of the church, he would not have enjoyed the success he has achieved over a 40-year career in the oil and gas industry. “It’s important to give back to the church because somebody gave to the church that gave me all the opportunities that I had,” Clayton said.

Rev. Bradley Swire, a young pastor from the Lake Charles area, is now serving as Lake Arthur UMC’s new leader. Swire, his wife and their four-year-old daughter moved into the homey new parsonage in July of 2017.

In the nine months since Swire was appointed to the church,

weekly worship attendance has grown to approximately 30 people. There are many projects in the works and an increased community presence. There is a part-time youth program with about seven kids participating.

“As long as there is a full-time pastor here, there is a full-time opportunity for advancement,” Swire said. “The congregation here has always been willing to serve, do outreach and get involved, but they didn’t have focused leadership because the pastoral appointment didn’t allow for it. That’s all changed now with this gift.”

“Planned giving and endowments are so important,” added Swire. “They are the essence of the future of our churches, and Lake Arthur is the example of that. The impact of this ‘miracle gift,’ as the congregation calls it, is that it will allow this church to not just stay open, but to thrive in the community beyond what they thought possible.” t

United Methodist Foundation of Louisiana

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Year in

R E V I E W8

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he Foundation’s 2017 Tax Seminars helped clergy and business administrators prepare income tax returns, review features in the IRS tax code specific to clergy, and explore church financial issues and legal complications.

Rev. Nate Berneking, Director of Finance and Administrative Ministries for the Missouri Annual Conference, presented the seminars in Baton Rouge Rev. Nate Berneking answers questions and Monroe in after the seminar. the early part of the year to more than 80 clergy, church administrators and financial staff.

Planned Giving Navigator, an initiative equipping churches to design their own planned giving programs, continued in

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2017. Nine new churches enrolled, and seven churches are continuing for a second year. Coaching assists church lay leaders in creating an individualized timeline for program launch and provides necessary materials, such as videos, brochures, a website and committee organization.

“P lanned Giving Navigator is a valuable companion, resource and coach for planned giving church leadership, providing beautiful and inviting products to communicate the story.”

— Rev. Ellen Alston, Participant Henning Memorial UMC, Sulphur

The Foundation sponsors the churches by refunding the enrollment fee when the church fulfills all the participation requirements for the year.

2017 Annual Report

2 0 1 78 Arthur United Methodist Church, inspired guests with his testimony of generosity and legacy building.

L to R: Bishop Cynthia Fierro Harvey, Donald Clayton and Rob Fairly at the Annual Meeting Luncheon.

“We’ve a Story to Tell” was the theme of the 2017 Annual Meeting, held in April at the City Club of Baton Rouge. The luncheon event celebrated donors through the years who each have a story of devotion and commitment to United Methodist ministries and churches.

Honored guests were Bishop Cynthia Fierro Harvey, Past Foundation President Dr. Kenneth Reed, and several past chairmen of the board.

Guest speaker Donald Clayton, who established an endowment for the benefit of Lake

Chris Spencer joined the Foundation staff in September, Chris Spencer bringing with him over 24 years of experience in banking, finance and marketing. Chris earned a B.A. at the University of North Carolina at Chapel Hill and an MBA through the LSU Executive MBA Program in 2001. He will serve the Foundation as Development Officer for the southern portion of the state.

In May, the Foundation offered the Fundraising for ChurchRelated NonProfits Workshop to teach ministry leaders how to do philanthropy

Facilitator Clif Christopher and Janet Simmons of HOPE Ministries engage in role play as a teaching method at a fundraising workshop. continued next page

United Methodist Foundation of Louisiana

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Year in

R E V I E W 8 . . . continued using mission, vision and leadership.

Led by Dr. Clif Christopher of Horizons Stewardship, the group of nearly 50 people learned about today’s fundraising environment and enjoyed role-playing to learn how to interact with donors.

stewardship, annual and capital campaigns, and how the church must compete with the ever-growing number of non-profit organizations.

The Foundation hosted Horizons Stewardship Academy in the fall, a program designed to bring together those who want to change the culture of giving and stewardship in the local church. The 35 clergy and lay leaders who attended the three-day workshop in Shreveport learned about endowments, year-round

Rev. Bradley Swire and Rev. Bradley Swire Rev. Rachel McConnellSwitzer were selected this year for Foundation sponsorships for Advanced Pastoral Leadership, an intensive, five-year leadership training course for young clergy.

Reverends McConnellRev. Rachel McConnell-Switzer Switzer and Swire were chosen based on their exhibited gifts in leading their church in professions of faith, worship attendance, membership, missional outreach and stewardship. t

“Horizons Stewardship Academy needs to be mandatory for every pastor class and a final exit exam for seminary graduates!”

—Rev. Shelley Hill, Participant Faith UMC, West Monroe

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2017 Annual Report

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2017

BOARD OF TRUSTEES

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EXECUTIVE COMMITTEE Rev. Joseph Awotwi Imm. Past Chair

Sandra Kuykendall Secretary

Mae Belton Grants Chair

Omer Davis At-Large

Frank Harrison, Jr. Investment

Dean Harvey Investment

Rev. Michi Head Grants

Richard Lewis Investment

Alice Prophit Investment

Rev. Larry Stafford Loans

Rev. Weldon Bares Vice-Chair

L. Nettles Brown Chair

BOARD AND COMMITTEES

Irwin Felps Investment

United Methodist Foundation of Louisiana

Mike Dehart Investment Chair

Dianne Wilkinson Loans

Rob Fairly President

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Foundat ion

STAF F

Rob Fairly President

Violet Frost Office Manager

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Rachel Baio Director of Trusts

Tamara Bello Accounting Asst.

Bob Carrell North La. Development

Kelly Johannessen Director of Communications

Chris Spencer South La. Development

Tracie Wharton Controller

“For the body is not one member, but many.�

I Corinthians 12:14

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2017 Annual Report

2017

BALAN C E S H E E T

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December 31, 2017

ASSETS Cash & Cash Equivalents Other Current Assets Investments at Fair Market Value Mortgages Receivable, net Real Estate held in trust Property & Equipment, Net

TOTAL ASSETS

$ 7,013,484 409,462 154,155,373 7,529,303 1,461,245 107,462 $170,676,329

LIABILITIES & NET ASSETS LIABILITIES Accounts Payable Custodial Deposits Liabilities Under Unitrust Agreements Liabilities Under Gift Annuities & Reserves TOTAL LIABILITIES

NET ASSETS Unrestricted Temporarily Restricted Permanently Restricted TOTAL NET ASSETS

TOTAL LIABILITIES & NET ASSETS

United Methodist Foundation of Louisiana

$5,909 130,433,006 1,850,328 1,547,018 133,836,261 6,477,415 12,283,922 18,078,731 36,840,068 $170,676,329

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The mission of the United Methodist Foundation of Louisiana

catalyst that strengthens and preserves our current is to be a

ministries while meeting the needs of a diverse and rapidly changing society.

8337 Jefferson Highway

Baton Rouge, Louisiana 70809

225.346.1535

www.umf.org

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