Overview
What is United Methodist Foundation Of Louisiana Inc?
United Methodist Foundation of Louisiana Inc., located at 8337 Jefferson Hwy, Baton Rouge, LA 70809, functions as a trustee for endowments and planned gifts that benefit various Methodist ministries within Louisiana. Their primary role involves managing these financial contributions, distributing the income earned annually, and providing support to the mentioned ministries. In 2022, they distributed over 2.5 million dollars in income from endowments and granted 1.5 million dollars from donor-advised funds to Methodist organizations. Additionally, they offered 27,500 dollars in grants to local non-profit entities from these funds. With a team of eight dedicated individuals, the foundation is committed to supporting the ministries of the Methodist church through their planned giving services, including trusts and endowments.
Official website here: www.umf.org
Is United Methodist Foundation Of Louisiana Inc legitimate?
United Methodist Foundation Of Louisiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Methodist Foundation Of Louisiana 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.
Here are some key statistics you may want to consider:
Executive Compensation: $339,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,410
For more financial information, click here
What is the mission statement of United Methodist Foundation Of Louisiana Inc?
The United Methodist Foundation of Louisiana Inc's mission is centered around supporting the ministries of the Methodist church. They accomplish this through the provision of planned giving services, specifically managing trusts and endowments. Acting as a trustee, they distribute income earned from endowments to benefit various Methodist ministries within Louisiana. Furthermore, the foundation manages donor-advised funds, which in 2022, provided program support grants to Methodist ministries, amounting to 1,480,950 dollars. In addition to this, the foundation made additional grants, totaling 27,500 dollars, from these funds to support local non-profit organizations in Louisiana.
Official website here: www.umf.org
Who is the CEO of United Methodist Foundation Of Louisiana Inc?
Tracie H Wharton is the President of United Methodist Foundation Of Louisiana Inc.
Official website here: www.umf.org
What is the revenue of United Methodist Foundation Of Louisiana Inc?
United Methodist Foundation Of Louisiana Inc's revenue in 2022 was $6,112,777.
Official website here: www.umf.org
Who are the executives of United Methodist Foundation Of Louisiana Inc and what are their salaries?
The average compensation at United Methodist Foundation Of Louisiana Inc during 2022 was $50,438. There are 8 employees at United Methodist Foundation Of Louisiana Inc.
Here are 19 key members and their salaries:
- Christopher Spencer (President) [Trustee/Director]
- Tracie Wharton (Controller)
- Omer Davis (Chair) [Trustee/Director]
- Robert Fahey (Vice Chair) [Trustee/Director]
- Sandra Kuykendall (Secretary) [Trustee/Director]
- Mike Dehart (Treasurer) [Trustee/Director]
- Dr Debra Davis (Grants Chair) [Trustee/Director]
- Rev John Robert Black (At Large) [Trustee/Director]
- Nettles Brown (At Large) [Trustee/Director]
- Rev Joann Cooper (At Large) [Trustee/Director]
- Rev Doug Degraffenried (At Large) [Trustee/Director]
- Irwin Felps (At Large) [Trustee/Director]
- Dean Harvey (At Large) [Trustee/Director]
- Drew Kennedy (At Large) [Trustee/Director]
- Eunice Lavigne (At Large) [Trustee/Director]
- Richard Lewis (At Large) [Trustee/Director]
- Troy Searles (At Large) [Trustee/Director]
- Rev Drew Sutton (At Large) [Trustee/Director]
- Dianne Wilkinson (At Large) [Trustee/Director]
Official website here: www.umf.org
Where can I find the form 990 for United Methodist Foundation Of Louisiana Inc?
The United Methodist Foundation Of Louisiana Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.umf.org
Learn more at the official website: www.umf.org
Mission Statement of United Methodist Foundation Of Louisiana Inc
United Methodist Foundation of Louisiana Inc, a nonprofit organization, is dedicated to supporting the ministries of the Methodist church. This is accomplished through their specialized service in planned giving, specifically managing trusts and endowments. By acting as a trustee for these endowments and gifts, the foundation contributes to the advancement of various Methodist ministries within the state of Louisiana. In 2022, the foundation distributed a significant income of 2,533,607 from these endowments. Furthermore, they manage donor-advised funds, which offered program support grants totaling 1,480,950 to various Methodist ministries in the same year. Additionally, the foundation granted an additional 27,500 from these funds to aid local non-profit organizations.
Impact
This information is meant to be a general summary of United Methodist Foundation Of Louisiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
United Methodist Foundation Of Louisiana Inc's impact is significant in supporting the ministries of the Methodist church in Louisiana through planned giving services. In 2022, the foundation distributed $2,533,607 in income earned on endowments to benefit Methodist ministries. Additionally, through donor-advised funds, the foundation provided program support grants totaling $1,480,950 to Methodist ministries. Furthermore, the foundation allocated $27,500 in grants from donor-advised funds to support local non-profit organizations. This demonstrates the foundation's commitment to enhancing and sustaining Methodist ministries and contributing to the broader community through philanthropy.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Trustee Management Fees
Revenue
$887,808
Organization Details
Founding Year
1975
Phone
(225) 936-9210
Principal Officer
Tracie H Wharton
Main Address
8337 Jefferson Hwy, Baton Rouge, LA, 70809
Website
www.umf.org
NTEE Category
Code: T30 - Philanthropy
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