Overview
What is The First United Methodist Church Foundation Of Laurens?
The First United Methodist Church Foundation of Laurens, situated in Laurens, South Carolina, serves two primary purposes. Firstly, it manages and invests funds for the benefit of the First United Methodist Church of Laurens, SC, according to its guidelines. Secondly, the foundation extends its reach to the less fortunate residents of Laurens County, offering financial aid for those who are poor, sick, or in need. The foundation's assistance primarily covers utility bills, medical expenses, and temporary housing costs. By doing so, it provides a crucial safety net to the community, aiding in alleviating some of their financial hardships.
Is The First United Methodist Church Foundation Of Laurens legitimate?
The First United Methodist Church Foundation Of Laurens is a legitimate nonprofit organization registered as a 501(c)(3) entity. The First United Methodist Church Foundation Of Laurens 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.
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What is the mission statement of The First United Methodist Church Foundation Of Laurens?
The mission of The First United Methodist Church Foundation of Laurens is twofold. Primarily, it involves managing and investing funds for the benefit of the First United Methodist Church. Secondly, it provides financial aid to disadvantaged individuals in Laurens County, assisting with utility bills, medical expenses, and temporary housing costs. The foundation's mission is carried out under the guidance of the church's pastor, ensuring aid is distributed according to the endowment's guidelines.
Who is the CEO of The First United Methodist Church Foundation Of Laurens?
Smith Patterson is the Chairman of The First United Methodist Church Foundation Of Laurens.
What is the revenue of The First United Methodist Church Foundation Of Laurens?
The First United Methodist Church Foundation Of Laurens's revenue in 2022 was $6,869.
Who are the executives of The First United Methodist Church Foundation Of Laurens and what are their salaries?
There 6 volunteers at The First United Methodist Church Foundation Of Laurens.
Here are 6 key members and their salaries:
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Where can I find the form 990 for The First United Methodist Church Foundation Of Laurens?
The First United Methodist Church Foundation Of Laurens's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The First United Methodist Church Foundation Of Laurens
The First United Methodist Church Foundation of Laurens is a charitable organization that serves a dual purpose. Primarily, its role is to manage and invest funds for the benefit of the First United Methodist Church of Laurens, South Carolina. Beyond this, the foundation has a mission to extend financial aid to the less fortunate residents of Laurens County, South Carolina. This aid is intended to assist those who are struggling with utility bills, medical expenses, or temporary housing costs. The foundation's grant distributions are overseen by the pastor of the First United Methodist Church of Laurens, following the guidelines set by the endowment.
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Impact
October, 2024
The First United Methodist Church Foundation of Laurens significantly impacts the community by providing essential financial assistance to vulnerable residents. In a recent initiative, the Foundation issued 27 grants totaling $7,037, directly aiding individuals in Laurens County who are experiencing financial hardships. These funds help cover critical expenses such as utility bills, medical care, and temporary housing. Each grant is thoughtfully authorized and approved by the church pastor, ensuring that the support aligns with the specific needs of those facing challenges in the community. Through its dedicated efforts, the Foundation plays a vital role in improving the lives of the poor, sick, and needy in Laurens County, fostering a sense of compassion and community support.
This information is meant to be a general summary of The First United Methodist Church Foundation Of Laurens. 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: $6,849
- Gross Receipts: $269,122
Assets and Liabilities:
- Total Assets: $844,955
- Total Liabilities: $0
- Net Assets: $844,955
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Organization Details
Founding Year
1987
Phone
(864) 984-7696Principal Officer
Smith Patterson
Main Address
PO Box 203, Laurens, SC, 29360
NTEE Category
Code: X20 - Religion related
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