Form 990 for tax year 2022

Totals

Total revenue

$3,234,925

Total expenses

$3,793,591

Contributions and grants received

$1,013,499

Grants paid

$2,620,281

Program service revenue

$479,120

Investment income

$1,742,306

Other revenue

$0

Total assets, end of year

$107,281,019

Total liabilities, end of year

$71,437,851

Net assets or fund balances, end of year

$35,843,168

Program services expenses (Part IX)

$3,239,945

Management and general expenses

$380,776

Fundraising expenses

$172,870

Program service expenses (Part III)

$3,239,945

Program services were 85.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE FOUNDATION ADMINISTERS A MINISTRY GRANT PROGRAM AND UNDERGRADUATE SCHOLARSHIP PROGRAMS. THE FOUNDATION ALSO PROVIDES EDUCATIONAL WORKSHOPS, STEWARDSHIP COUNSEL FOR LOCAL CHURCH LEADERS, AND PRINTED MATERIALS IN BULK QUANTITIES FOR LOCAL CHURCHES FREE OF CHARGE. THE FOUNDATION ASSISTS INDIVIDUAL DONORS IN MAKING GIFTS OF STOCK AND CREATING GIFT ANNUITIES AND OTHER PLANNED GIFTS. THE FOUNDATION SERVES AS AN AGENCY INVESTOR FOR LOCAL CHURCHES AND OTHER UM-RELATED CHARITABLE ENTITIES. THE FOUNDATION ADMINISTERS THE CLERGY AND CHURCH FINANCIAL MINISTRY (C2FM) WHICH PROVIDES EDUCATION, COACHING, AND DIRECT FINANCIAL AID TO PASTORS.

  Expenses $3,162,841 · Grants $2,543,177 · Revenue $479,120

• IN RESPONSE TO THE IDENTIFIED PRIORITIES OF THE MISSOURI ANNUAL CONFERENCE, THE FOUNDATION AUTHORIZES FUNDING TO THE CONFERENCE FOR EVANGELISM, CHURCH DEVELOPMENT, NEEDS OF RETIRED CLERGY, UM YOUTH CAMP SCHOLARSHIPS, CONGREGATIONAL DEVELOPMENT, AND TO IDENTIFY AND ENCOURAGE PERSONS TO BECOME ORDAINED UMC CLERGY AND FUNDS ARE USED TO PROVIDE FOOD FOR ORPHAN CHILDREN LIVING AT THE CAROLYN BELSHE ORPHANAGE IN MOZAMBIQUE. THE FOUNDATION PROVIDES SIGNIFICANT FUNDING FOR THE MOAC FELLOWSHIPS, A PROGRAM PROVIDING COMPENSATION TO EARLY CAREER PASTORS SERVING A TWO-YEAR FELLOWSHIP ON STAFF AT SELECT MISSOURI UM CHURCHES.

  Expenses $27,104 · Grants $27,104

• PROVIDED FUNDS DIRECTLY TO THE DOLLARS FOR SCHOLARS PROGRAM OF THE UNITED METHODIST HIGHER EDUCATION FOUNDATION (UMHEF) FOR THE BENEFIT OF UNDERGRADUATE AND SEMINARY STUDENTS WHO ATTEND CENTRAL METHODIST UNIVERSITY (FAYETTE, MISSOURI) OR SAINT PAUL SCHOOL OF THEOLOGY (OVERLAND PARK, KANSAS) AND ARE MEMBERS OF UNITED METHODIST CHURCHES IN MISSOURI. ALSO PROVIDED FUNDS DIRECTLY TO THE GENERAL BOARD OF HIGHER EDUCATION & MINISTRY (GBHEM) FOR THEIR EXCELLENCE IN CLERGY LEADERSHIP SCHOLARSHIPS FUNDING FULL-TIME MISSOURI MASTER OF DIVINITY SEMINARY STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND HOW THE SCHOLARSHIP WILL HELP AVOID ADDITIONAL STUDENT LOANS.

  Expenses $33,500 · Grants $33,500

• PROVIDED FUNDS TO 12 SCHOLARSHIP RECIPIENTS ATTENDING THEOLOGICAL SEMINARIES DURING 2022. ALL STUDENTS ARE CANDIDATES FOR ORDAINED PASTORAL MINISTRY IN THE MISSOURI ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH. ALL FUNDS WERE PAID TO THE RESPECTIVE SEMINARY FOR THE BENEFIT OF THE STUDENT.

  Expenses $16,500 · Grants $16,500

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• FIRST UNITED METHODIST CHURCH OF HANNIBAL

  $108,280

  USED FOR FOOD PANTRY AND GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE FIRST UNITED METHODIST CHURCH OF HANNIBAL

• NEW AWAKENING UNITED METHODIST CHURCH

  $104,068

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF NEW AWAKENING UNITED METHODIST CHURCH

• UNITED METHODIST CHURCH OF KIMBERLING CITY

  $69,023

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE UNITED METHODIST CHURCH OF KIMBERLING CITY

• BROADWAYKEYSTONE UNITED METHODIST CHURCH

  $59,000

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE BROADWAY UNITED METHODIST CHURCH

• GALLATIN UNITED METHODIST CHURCH

  $55,996

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE GALLATIN UNITED METHODIST CHURCH

• THE WELL

  $50,000

  USED FOR NEW CHURCH START

• 8020 CHURCH

  $50,000

  USED FOR NEW CHURCH START

• CASSIDY UNITED METHODIST CHURCH

  $34,893

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE CASSIDY UNITED METHODIST CHURCH

• ASHLAND UNITED METHODIST CHURCH

  $30,000

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE ASHLAND UNITED METHODIST CHURCH.

• WESLEY MEMORIAL UNITED METHODIST CHURCH

  $29,101

  USED FOR GENERAL RELIGIOUS, EDUCATIONAL AND CHARITABLE PURPOSES FOR THE BENEFIT OF THE WESLEY MEMORIAL UNITED METHODIST CHURCH

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• THE MISSOURI ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH

  501(C)(3) · RELIGIOUS MINISTRY · MO

• ALL UNITED METHODIST CHURCHES AND UM-RELATED ENTITIES IN MO

  501(C)(3) · RELIGIOUS, EDUCATIONAL · MO

Provenance

Return type

form_990

Tax year

2022

Filed

6 November 2023

IRS schema version

2022v5.0

Source object

202303119349301325

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.