Overview
What is United Methodist Foundation Of Indiana Inc?
United Methodist Foundation of Indiana Inc is a nonprofit organization situated in Fishers, Indiana. They primarily serve United Methodist and other Wesleyan-based churches, organizations, and members across the state. Their primary function involves providing investment management services, assisting in the development and promotion of endowment programs, and offering educational seminars on stewardship, planned giving, estate planning, and capital campaigns. Furthermore, they offer administrative services for donors making deferred gifts to their church or a church-related mission or ministry. Their mission is to resource the mission and ministry of United Methodist and other Wesleyan-based churches in Indiana through stewardship development. They currently employ a team of nine individuals.
Official website here: www.umfindiana.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 78%, Three-Star out of Four Star rating.
The United Methodist Foundation of Indiana Inc. has achieved a commendable Three-Star rating with a score of 78%. This rating reflects a strong performance particularly in the areas of Culture & Community, where it scored 87%. The organization demonstrates effective governance with 100% independent board members and a robust oversight committee, which highlights its commitment to accountability and ethical practices.
Strengths of the organization include its excellent financial oversight, evidenced by its perfect scores in audit processes and the absence of material asset diversion. Additionally, the Foundation excels in collecting and utilizing constituent feedback, achieving full marks in feedback collection and usage. These aspects suggest a well-structured approach to stakeholder engagement and transparency.
However, while the program expense ratio of 66.09% indicates a significant portion of funds is directed toward its programs, there is still room for improvement in this area to further enhance overall impact. Overall, the organization is positioned positively, but it should strive to allocate even more resources directly to its mission-driven efforts.
This AI summary has been generated from information found on Charity Navigator.
Is United Methodist Foundation Of Indiana Inc legitimate?
United Methodist Foundation Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Methodist Foundation Of Indiana Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $134,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,314
For more financial information, click here
Official website here: www.umfindiana.org
What is the mission statement of United Methodist Foundation Of Indiana Inc?
The United Methodist Foundation of Indiana Inc's mission is centered around supporting the mission and ministry of United Methodist and other Wesleyan-based churches in Indiana. This is achieved through stewardship development, which involves providing investment management services, assisting with endowment programs, conducting educational seminars on various financial topics, and offering administrative services for deferred gifts. The foundation aims to empower these churches in Indiana to manage their resources effectively for their mission and ministry.
Official website here: www.umfindiana.org
Who is the CEO of United Methodist Foundation Of Indiana Inc?
D Manet Shettle is the President of United Methodist Foundation Of Indiana Inc.
Official website here: www.umfindiana.org
What is the revenue of United Methodist Foundation Of Indiana Inc?
United Methodist Foundation Of Indiana Inc's revenue in 2022 was $2,213,393.
Official website here: www.umfindiana.org
Who are the executives of United Methodist Foundation Of Indiana Inc and what are their salaries?
The average compensation at United Methodist Foundation Of Indiana Inc during 2022 was $80,865. There are 9 employees and 30 volunteers at United Methodist Foundation Of Indiana Inc.
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Official website here: www.umfindiana.org
Where can I find the form 990 for United Methodist Foundation Of Indiana Inc?
United Methodist Foundation Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umfindiana.org
Learn more at the official website: www.umfindiana.org
Mission Statement of United Methodist Foundation Of Indiana Inc
The United Methodist Foundation of Indiana Inc is dedicated to supporting the mission and ministry of United Methodist and other Wesleyan-based churches in Indiana. Their primary focus is on stewardship development, which involves providing resources to help these churches manage their finances and resources effectively. They achieve this through various programs, including investment management services, assisting churches in developing and promoting endowment programs, and offering educational seminars on topics such as stewardship, planned giving, estate planning, and capital campaigns. The foundation also offers administrative services for donors making deferred gifts to their church or a church-related mission or ministry. In essence, the United Methodist Foundation of Indiana Inc aims to empower and resource these churches in Indiana, enabling them to fulfill their mission and ministry more effectively.
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Impact
October, 2024
The United Methodist Foundation of Indiana Inc plays a crucial role in enhancing the sustainability and impact of United Methodist and Wesleyan-based churches across Indiana. By providing investment management services, the Foundation helps local churches and agencies maximize their resources, ensuring that they can effectively carry out their missions.
Through its endowment program development support, the Foundation fosters long-term financial health for these institutions, enabling them to plan for the future with confidence. Additionally, the educational seminars offered on stewardship, planned giving, estate planning, and capital campaigns empower congregations with the knowledge and skills necessary to cultivate generosity and secure funding for their initiatives.
By offering administrative services for deferred gifts, the Foundation facilitates meaningful contributions that support church-related missions. Overall, the United Methodist Foundation of Indiana Inc significantly strengthens the community’s capacity for ministry and outreach, fostering a culture of stewardship that impacts lives and strengthens faith-based communities throughout the region.
This information is meant to be a general summary of United Methodist Foundation Of Indiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $531,310
- Program Service Revenue: $1,439,260
- Gross Receipts: $2,213,393
Assets and Liabilities:
- Total Assets: $102,704,929
- Total Liabilities: $79,388,709
- Net Assets: $23,316,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fees
Revenue
$830,938
Net Interest Income from mortgage notes receivable
Revenue
$608,322
Organization Details
Founding Year
1962
Phone
(317) 788-7879Principal Officer
D Manet Shettle
Main Address
8401 Fishers Center Drive, Fishers, IN, 46038
Website
www.umfindiana.orgNTEE Category
Code: X21J - Religion related
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