Alamo Heights United Methodist Church Foundation Support
THE FOUNDATION SERVES TO SUPPORT THE MINISTRIES OF ALAMO HEIGHTS UNITED TEMPORARILY OR PERMANENTLY RESTRICTED CONTRIBUTIONS TO AHUMC AND SERVES AS CUSTODIAN FOR THESE FUNDS. THE ALAMO HEIGHTS UNITED METHODIST CHURCH FOUNDATION (FOUNDATION) INVESTS THE FUNDS RECEIVED WITH THE TEXAS METHODIST FOUNDATION IN THEIR CHURCH LOAN FUND, AN INTEREST BEARING ACCOUNT, AND IN OTHER EQUITY SECURITIES. THE FOUNDATION PROVIDES ANNUAL DISTRIBUTIONS TO AHUMC FOR ITS OPERATING NEEDS.THROUGHOUT THE PANDEMIC, AND THE CHURCH'S RETURN TO NORMAL OPERATIONS, THE FOUNDATION PROVIDED MAXIMUM FINANCIAL SUPPORT WHILE CONTINUING TO PRUDENTLY MANAGE THE ENDOWMENT.
Geographies
Not indicated
Dates
Jan 1, 2024 – Dec 31, 2024
Source
990
No causes provided
No populations provided
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$266.7K
AHUMC Planned Giving Education
THE FOUNDATION PROVIDES EDUCATION TO THE ALAMO HEIGHTS UNITED METHODIST CHURCH (AHUMC) CONGREGATION REGARDING PLANNED OR ENDOWMENT GIVING IN ADDITION TO ANNUAL REPORTING REGARDING THE FOUNDATION'S ACTIVITIES. THE AHUMC CONGREGATION IS ALSO OFFERED EDUCATION REGARDING THE BENEFITS OF ESTATE PLANNING AND WILLS.