Investing
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There are many different ways to set up funds through the United Methodist Foundation. Below is a list of the most common fund types for individuals to use, along with a brief description of each. If you have any questions about any of our funds, please do not hesitate to contact us for more information. |
| Permanent Fund - Designated |
A permanent fund for the benefit of a specific church or agency. This fund may limit the use of principal, and utilizes a spending policy. |
| Permanent Fund - Ministry |
A permanent fund for a specific cause or ministry focus, which is not designated to a specific church or agency. The donor may make grant recommendations and should establish a successor advisor or designate grantmaking to the Foundation’s Board of Trustees. This fund may limit the use of principal, and utilizes a spending policy. |
| Permanent Fund - Scholarship |
A permanent fund to provide scholarships to students pursuing particular careers. The donor will establish scholarship parameters and designate a scholarship committee to select recipients. This fund may limit the use of principal, and utilizes a spending policy. |
| Donor Advised Fund |
A temporarily restricted fund from which donors and their successor advisors may make grants to causes they support. There are no restrictions as to the use of principal and interest. For more information, visit Donor Advised Fund. |
| Unrestricted - Endowment |
A permanent fund whose grants are determined by the Foundation’s Board of Trustees. This fund may limit the use of principal, and utilizes a spending policy. |
| Unrestricted - Operating |
A fund established with no restrictions as to use of principal or interest. |
| Unrestricted - Board Designated |
A fund established by the Foundation’s Board of Trustees, which can be modified at any time. |
| Life Income Plans |
The Foundation offers three different types of planned gift funds:
These funds will make periodic payments to the donor and beneficiaries during their lifetimes. At the death of the final beneficiary, the balance in the fund will be transferred to a new fund established by the gift instrument, or as a direct payment to the church/agency. All payment terms are specified in the Trust Document or Gift Annuity Contract. For more detailed information, please click on the appropriate gift fund above. |
| Charitable Trusts |
The Foundation can administer a charitable trust for the life of the trust. Again, all payment terms are normally specified in the Trust Document. |
| Certificate of Participation (COP) |
A one-year fund to provide a fixed rate of return. For more information on COPs, please visit Certificate of Participation. |
| For more information, please: |
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“Earn all you can, save all you can, give all you can.”
-John Wesley
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