NonprofitsUnited Methodist Foundation Of Indiana Inc

Religion-Related

United Methodist Foundation Of Indiana Inc

FISHERS, IN

Total revenue

$2.2M

Total expenses

$2.9M

Net assets

$26.7M

Grants received

$42K

5 grants

EIN

237258100

Tax year

2024

Mission

Resourcing the mission and ministry of United Methodist and other Wesleyan-based churches in Indiana through stewardship.

Programs

2 programs

The second program area is legacy grants. The Foundation acts as trustee and administers funds for the benefit of local churches and church related ministries and missions. It manages and administers endowment funds of the Foundation and distributes earnings. It evaluates grant requests, selects qualified recipients, and makes disbursements to qualified recipients. In general it supports the church's evangelical and social service programs, aims, and purposes of the United Methodist denomination in Indiana.

Expenses: $1.4MGrants: $1.1M

The third program is the Loan and Savings Ministry. The Loan and Savings Ministry provides funding to United Methodist and other Wesleyan-based churches and agencies in Indiana to purchase, build, or repair projects related to their church buildings and parsonages.

Expenses: $223K

Financials

FY 2024

Revenue

Contributions & grants$356K
Program service revenue$1.2M
Investment income$563K
Other revenue$3K
Total revenue$2.2M

Expenses

Grants paid$1.4M
Salaries & benefits$988K
Fundraising$4K
Other expenses$479K
Total expenses$2.9M
Total assets$103.9M
Net assets$26.7M

People

20 listed

NameRoleCompensation

D Manet Shettle

President

Board

$162K

40 hrs/wk

Monte Chamberlin

Director

Board

0.5 hrs/wk

John Clay

Director

Board

0.5 hrs/wk

Teri Crouse

Director

Board

0.5 hrs/wk

Curt Edmonson

Director

Board

0.5 hrs/wk

Daryl Gilbert

Director

Board

0.5 hrs/wk

Shelley Johnson

Director

Board

0.5 hrs/wk

James Need

Director

Board

0.5 hrs/wk

Larry Price

Director

Board

0.5 hrs/wk

Larna Spearman

Director

Board

0.5 hrs/wk

Lee White

Director

Board

0.5 hrs/wk

Larry Whitehead

Director

Board

0.5 hrs/wk

George Wild

Director

Board

0.5 hrs/wk

Craig Wood

Director

Board

0.5 hrs/wk

Margaret Wood

Director

Board

0.5 hrs/wk

Karla Elliott

Director

Board

1 hrs/wk

Shalimar Holderly

Vice Chair

Board

1 hrs/wk

Chris Lantz

Director

Board

1 hrs/wk

Jeff Lorentson

Chair

Board

1 hrs/wk

Christopher Jacobs

Controller

Staff

$103K

40 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$8K
To Be Used at the Organization's Discretion
2024
$1K
EMPLOYEE MATCHING GIFT(S)
2023
$25K
Leadership development/training for community members
2022
$700
EMPLOYEE MATCHING GIFT(S)
2021

Funded by

$42K from 4 funders · 5 grants · 2021–2024

Indiana University Health Inc

$25K · 1 grant · 2022

Lilly Endowment Inc

$2K · 2 grants · 2021–2023

Details

EIN237258100
NTEE codeX21J
Subsection03
Ruling date1973-02
Formed1962
Employees9
Volunteers40
UNITED METHODIST FOUNDATION OF INDIANA INC — Mission, Financials & Grants Received | Grantivo