Tennessee Conference Review

Electronic Version of The Tennessee Conference Review a publication of The Tennessee Conference - United Methodist Church

Thomas Nankervis, Editor

Monday, April 14, 2008

TENNESSEE CONFERENCE REVIEW April 18, 2008

Articles in a special issue of THE REVIEW devoted to the ministry of the Nashville Area United Methodist Foundation

1. What Is The Nashville Area United Methodist Foundation? , Descriptive article by Dr. Vin Walkup
2. Ground breaking for new Nashville Korean United Methodist Church brings joy to the congregation, and to the Foundation
3. Martha Woodfin Joins Staff of Nashville Area United Methodist Foundation,
4. Planned Giving 101 – Options for Planned Giving.
5. The work and expertise of the United Methodist Development Fund is helping Epworth United Methodist Church fulfill the great commission
6. East End United Methodist Church Builds Stairway to the Future
7. Testimonies – UM Development Fund—testimonies from Dr. Frank Gulley, Lynda Phillips, and Hamilton United Methodist Church.
8. Why Murfreesboro First United Methodist Church chose NAUMF to manage its Endowment,
9. The Ingram Scholarship Fund.
10. Columbia First UMC entered into a relationship with the Nashville Area Foundation in 2007
11. United Methodist Foundation and Aldersgate UMC -- Partners in Ministry
12. Mission Statement for the United Methodist Development Fund of TN/KY, Inc.
13. Mission Statement for the Nashville Area United Methodist Foundation.



What Is The Nashville Area United Methodist Foundation?
By Dr. Vincent (Vin) Walkup


Dr. Vincent (Vin) Walkup

The Nashville Area United Methodist Foundation is a service ministry of the Memphis and Tennessee Annual Conferences of The United Methodist Church. Established in 1941, the Foundation has experienced substantial growth since it beginning. The Nashville Area United Methodist Foundation was established:

· To provide a management-investment partnership for long-term and permanent funds for local churches, institutions, and ministries of the Church.
· To encourage and receive planned gifts in support of local churches, institutions, and special ministries of the United Methodist Church and to assist donors in placing their gifts.

The ministries of the Foundation include:

. Asset management for funds belonging to church endowments and other funds;
. Management of trust assets; and
. Management of conference funds.

Endowments are established to hold and manage assets for many reasons. The Foundation assists churches of all sizes in the creation and investment of endowment assets. Individuals are served through collaboration with attorneys and financial planners who assist those persons in maximizing their personal resources during their lifetime and at death.

Using the Foundation frees the church or institution to devote energy to matters related to ministry and promotion of planned gifts. The Foundation assumes responsibility for the administration and investment of the church’s funds.

A church or institution may have several accounts, such as:

. Mission Fund - for missions in and/or beyond the local church and community
. Trustees Fund - for maintenance, care, improvements, and/or construction of facilities
. General Endowment Fund - for special ministries and needs determined by the leadership of the church or institution.
. Scholarship Fund – for students from the church, the community or for ones who are preparing for church related careers.

A church of any size can benefit from a properly established and utilized endowment fund. A small membership church may want to be sure that funds are available for major expenses that cannot be funded through annual giving, or may want to join with other churches in providing a scholarship for a youth from their community each year. Other churches will find the support for special ministries or a mission fund to be the driving force behind establishing and growing an endowment. Individuals may establish a trust or gift annuity with a local church, ministries, and/or church-related institutions named as the final beneficiaries.

Five Reasons to Create an Endowment
The Nashville Area United Methodist Foundation Endowment program continues to grow, because our churches and individuals recognize the benefits of creating their own endowment funds. Some churches create the stewardship guidelines for targeted needs before any funds are in hand to attract designated and planned gifts from individuals in the future.

Some individuals prefer to launch their own endowments to benefit a specific church program or ministry or to benefit several needs. Some establish funds now so they can see them work, while others establish endowments through wills or charitable trusts.
Why do these people choose to create or add to endowment funds for the church? There are a number of reasons, of course.

Here are five you may wish to consider:
1. Durability
The idea of creating a perpetual stream of financial support makes sense to people who see a similarity between retirement funds and endowment provisions. They like the concept of a fund that is guarded and invested separately from other assets so the principal of the fund will stay in tact. Only the income or a percentage of the value will be used to support the chosen ministry.

2. A Positive Legacy
When donors attach their names to an endowment fund or add funds to a church established endowment fund, they create an enduring legacy that will outlive them and influence succeeding generations. Other family members and friends will be reminded of the person’s values and commitments. Endowment funds can also be used to honor the lives of others who have made a significant impact on the donor and/or the church.

3. Perpuate Gifts
Many persons see an endowment fund as a means to increase their own regular giving. For example, an endowment fund of $20,000 could create an annual "gift" of $800 - $1,000 forever. Creating or contributing to an endowment fund enables you to "leave your mark" and strengthen the church or a specific area of ministry.

4. A Firm Foundation
Endowments should be properly invested in a diversified long-term mix of socially responsible assets to provide maximum return and minimal risk. Written guidelines should be in place to provide appropriate stewardship. Annual payouts from endowment funds permit a church or ministry to plan more confidently for the future. A church or ministry with a strong endowment is simply more stable financially.

5. Personal Satisfaction
There is something wonderfully fulfilling about doing something good that lasts, something that really makes a difference. Other kinds of giving are important and rewarding, and creating or adding to a fund that will benefit others for decades, even centuries, can be truly satisfying.


Ground breaking for new Nashville Korean United Methodist Church brings joy to the congregation, and to the Foundation

Hack Cheol Kim , who is in charge of parking ministry for the church, stands by the architectural rendering of what the new Korean United Methodist Church will look like.

The Lord had said to Abram, “Leave your country your people and your father’s household and go to the land I will show you. I will make you into a great nation and I will bless you; I will make your name great, and you will be a blessing. I will bless those who bless you, and whoever curses you I will curse; and whoever curses you I will curse; and all the peoples on earth will be blessed through you.”

The Nashville Area Foundation, through a participation loan with Tennessee Commerce Bank as well as the United Methodist Development Fund, has worked with the Nashville Korean United Methodist Church to arrange funding for the purchase of land and construction of a new and larger church building.

Vin Walkup waits for his part in the ground breaking ceremony.

On a much anticipated day, March 9, 2008, the congregation and guests gathered on the site of a new Nashville Korean Untied Methodist Church building for an official groundbreaking ceremony. The building site is located on the north side of Old Hickory Blvd, just before you reach the Brentwood Blvd. Traffic light – west on Old Hickory Blvd. From Franklin Road off of I-65 .

Ground is broken for the new building. (LtoR) Vin Walkup, John Collett, Paul Cha (member of the church and of the Building Committee), Doug Un Hong (chairperson of the building committee), Hee Jun (Paul) Kang (pastor), Steve White (architect), and C.W. Son (vice chairperson of the building committee)

Nashville District Superintendent John Collett, who spoke at the ground breaking, noted the expanding ministry of the congregation. “The new location and campus,” he said, “will allow Nashville Korean UMC to accommodate its rapid growth and minister to a whole new population of persons. In addition to persons whose native language is Korean, the congregation already offers services for English speakers and is developing ministries with speakers of Spanish and Chinese.”

The inspiration ground breaking service was lead by pastor Paul Kang, with John Collett delivering a meditation for the day. Doug Un Hong, chairperson of the building committee, and Dr. Vin Walkup, Nashville Area Foundation offered prayers; and Paul Cha, a building committee member and elder of the church, read the day’s scripture.

Members of Nashville Korean United Methodist Church gather at the conclusion of the ground breaking ceremony.


Martha Woodfin Joins Staff of Nashville Area United Methodist Foundation

Martha Woodfin

We are pleased to welcome Martha Woodfin to the Nashville Area United Methodist Foundation office, where she is serving as the Administrative Assistant to the President, Dr. Rev. Vincent Walkup.

Martha came from McKendree Village, where she served as the Executive Assistant to the McKendree Village Foundation at McKendree Village in Hermitage, Tennessee. She supported the Executive Director and the Director of Planned Giving. Martha had also supported the McKendree Village President/CEO, CFO and COO since 2002.

Martha came to Nashville in 1995 from sunny California. She has two beautiful daughters, Margaret and Ava. In Martha’s spare time she likes to play tennis, hike, swim, cycle and workout at the gym. But her favorite activities are traveling and enjoying time with family and friends.

Planned Giving 101 – Options for Planned Giving

Donor Advised Funds
A Donor Advised Fund (DAF) is a fund maintained by the Foundation. The donor or an advisory committee of the donor’s choosing may advise the Foundation as to fund’s charitable recipients, however the Foundation has the authority to accept or reject the donor’s advice. A DAF has many of the benefits of a private foundation without the restrictions.

When a donor contributes to a DAF, the donor receives an immediate income tax charitable deduction. This allows the donor to take advantage of tax incentives while deferring decisions on the ultimate disbursement to charities over time. The deduction limitations are the 50% public charity rates rather than the lower 30% rates for private foundation. Further, the donor’s deduction for real estate or closely held stock to a private foundation would be limited to the cost basis rather than the fair market value for a DAF.

The cost of establishing and maintaining a private foundation can be considerable whereas there is not a cost to establishing a DAF. In addition, a DAF can be established with a minimum gift of $10,000. Current gifts may be cash, securities or real estate. Deferred gifts may be retirement plan assets, remainder interest of a charitable remainder trust, life insurance or charitable bequests.

Retirement Plan Assets
IRAs and other retirement plan assets are frequently an individual’s largest and most rapidly growing asset. They are excellent vehicles to defer taxes while you are alive; however, they are an ineffective way to transfer wealth at death.

Depending on the size of the estate, the cost of the cumulative income an estate taxes may be shocking. Retirement plan assets, therefore, offer a tremendous gift planning opportunity. Your retirement plan assets may be the most suitable for gifts to charity since these bequests will avoid all estate and income taxes.

Charitable Bequests
Our estate tax laws encourage charitable giving. They do it through the estate tax charitable deduction, which permits you to pass property to charitable beneficiaries free of estate taxes.

The estate tax rules are more lenient than the income tax rules. The full fair market value of the property bequeathed to your favorite charities reduces the value of the taxable estate. There are no percentage limitation.

The Charitable Gift Annuity
The charitable gift annuity allows you to secure a guaranteed income for life. You can make an irrevocable gift of cash or appreciated securities. The older the person, the higher the rate. The rate remains constant once the gift is made.

You will receive an income tax deduction for the difference between the value of the gift and the value of the annuity. The amount of the deduction depends on your age. A portion of each annuity payment is excludable from your gross income.

Charitable Remainder Trust
Under the charitable remainder trust (CRT) arrangement, you irrevocably transfer cash or appreciated assets to a trustee. You retain the right to a periodic payment, which cannot be less than 5% of the initial fair market value of the trust assets. This payment is usually for the lifetime of you and your spouse, however, you may make it for a term of years or a combination of lifetime and term of years.

Upon the termination of the trust, the remainder interest goes to the charity beneficiary. The CRT has some very favorable tax benefits. You receive an income tax deduction and an estate tax deduction, and avoid tax on appreciated assets used to fund the trust.

Gift of Your Home
You can make a gift of your home and receive an income tax deduction equal to the present value of the remainder interest. And best of all, you can continue to use it as before. You may retain the right to use your home for one or more lives. In addition to the right to live in your home, you retain the right to rent it or make improvements. You continue to have responsibility for maintenance, insurance, and property taxes.

This type of lifetime-deferred gift can provide excellent after-tax results because you gain the income tax deduction without an expenditure of cash or a reduction of income. This same income tax deduction is available for a farm, vacation home or condominium.

Life Insurance
Many individuals have life insurance policies they no longer need. These policies, which were purchased for various reasons that may not be as important today, are an excellent giving opportunity. Depending upon the situation, the gift may provide an income tax deduction.


The work and expertise of the United Methodist Development Fund is helping Epworth United Methodist Church fulfill the great commission

Epworth Methodist Episcopal Church, South currently known as Epworth United Methodist Church was formed in 1909 when Thomas Church and North’s Chapel consolidated and built a new church on Arno Road in rural eastern Williamson County. The complexion of Williamson County over the years has changed and continues to change from farm land into a suburban center complete with neighborhoods, shopping, restaurants, and other local businesses. God’s grace has enabled Epworth to expand in order to minister to the needs of this vital growing community. Our partnership with The Nashville Area Foundation which began in the early 2000’s continues to play a big role in enabling this expansion.

Where did the simple life go? A revival meeting on the premises of Mr. Thomas sparked the beginning of the Thomas Church. The church first met in a log home that was later replaced by a larger frame structure and sat on one plus acre of land that had been purchased in 1849 for $25. North’s Chapel started as a follow up to a camp meeting held in a grove owned by Henry Jackson. In 1867 Bishop Kavanaugh visited North Chapel for the dedication of a building which was built on donated land. Quarterly conference minutes from the early 1900’s indicates the value of this building to be under $1,500.00.

Flash forward to August 29, 1999 when Epworth’s Administrative Council voted unanimously to position the church for expansion. Prices were no longer $25 an acre and buildings were much more than $1,500.00. God’s glorious grace had led Dr. LeNoir Culbertson (the pastor in 1999) and the leadership of Epworth to contemplate expanding the boundaries of God’s grace in order to include others and this was no small decision. According to church documents Epworth entered into an agreement to purchase 40 acres of land one mile down Arno Road at a price of $7,000.00 an acre in 1999. In addition to the cost of land Epworth faced construction cost on a new building that would add up not to thousands of dollars, but to millions.

God’s vision at Epworth was termed “Expanding Our Boundaries,” but in order for a new building to be built and for growth to continue Epworth needed a partner whose financial wisdom was connected to a heart for ministry. Epworth found that partner in the Nashville Area Foundation and Development Fund. Through the efforts of the wonderful people at the Foundation, Epworth was able to finance a project to expand. On September 27, 2004 Dr. LeNoir Culbertson led the Epworth community in its first worship service in a new sanctuary on 40 acres of land. The Development Fund helped Epworth not only find a loan, but to negotiate a loan with a low rate.

The work and expertise of the United Methodist Development Fund is helping Epworth United Methodist Church fulfill the great commission. As we go into the world to make disciples for Jesus Christ we go in God’s strength and with the help of wonderful Christian partners such as the Nashville Area Foundation and Development Fund.


East End UMC Builds Stairway to the Future
--Rev. Diane Luton Blum, pastor, East End United Methodist Church

This photo features part of the gathering for the centennial of our sanctuary (1907-2007) held in September 2007. Work was completing during the winter of 2006/2007. The photo would have been impossible before the restoration of our front porch and stairs at East End UMC.

In the fall of 2006, East End UMC faced a challenge and an opportunity with the help of the United Methodist Development Fund. Our Trustees had determined that the steps and porch at the front of our then 99 year old sanctuary had become compromised by decades of erosion and water damage. The stone steps had become unstable and the brick railings had been patched with bolts and wood. Another group photo at the front would have been too dangerous for more than a few people on that stairway!

While we had recently completed a capital funding campaign in 2005 and completed those projects, we would not be ready until the fall of 2007 to implement the next initiative for this and a number of additional priority projects. Our Trustees also realized an opportunity to work with a contractor at an excellent price on our porch and stairs restoration project by the end of 2007. We contacted the Foundation, applied for a $15,000 loan to cover the cost of this project, and as you can see from our 2007 congregational photograph, we safely posed on our beautiful sanctuary entrance at our September 2007 Homecoming. With the loan paid back in less than 12 months, we rejoice in laying this foundation for the “next 100 years at 1212 Holly Street.”






An historic photo from the East End archives. The men’s Sunday School Class gathers in front of the church.







Testimonies – UM Development Fund

From Frank Gulley


All Christians are called to be in ministry. That has been the claim of our Methodist heritage from the beginning. While some engage this responsibility full-time and are titled ministers, all baptized persons have this fundamental responsibility as well. Ministry manifests itself in a variety of ways – serving the poor, leading others to faith, educating the young, etc… In recent years the Methodists of Middle and Western Tennessee have developed yet another means – the creation of a fund that enables our financial resources to work most efficiently in under girding and spreading the faith.

The Nashville Area Foundation came into being in 1941 as a service ministry for churches and individuals. Among its services, it offers financial counsel to congregations and its members, manages assets given to churches as endowments, loans funds to churches for a variety of projects, manages funds belonging to the Memphis and Tennessee Conferences, etc…

My wife and I have been pleased to support the United Methodist Development Fund for nearly fifteen years through funds we have deposited. In effect the Fund becomes a savings account for us. Interest (as of April 1, 2008 APR 3.5%) is added monthly to the funds we have deposited with them, and our entire deposit is available for immediate withdrawal. It is not often that one can find a program that is both a ministry of the church and an important financial instrument for individuals. We encourage you to become an important part of this service ministry.

From Lynda Phillips

Lynda Phillips

I am a great believer in the United Methodist Development Fund. My late husband, Glen M. Phillips, and I started diversifying our assets years ago. We felt to be good stewards of our monies; the Development Fund would be one of the best places to invest. There is a sense of gratitude when you know your investment is being used to help congregations with their needs. Also, you know that your investment is available, without penalty, in case of emergencies. And, at the time, you feel the security of your investment as it is being used by the United Methodist Church. I’m thankful to have an investment in the United Methodist Development Fund and plan to continue in the future.


From Hamilton United Methodist Church
Hamilton United Methodist Church has used the Development Fund to assist them in making two loans. We would like to recommend them for any projects your church might be considering. The Development Fund granted a loan several years ago for a major addition to our church building, and recently when our church van was stolen; we called the Fund for help with purchasing a new bus. Our loan for the bus was granted within a few days. The procedures to obtain the loan for the bus were simple. I know they will help you to make your loan process go as smoothly as possible.

If you have any questions about our use of the Fund, please call Mike Hassell, Chairman of Finance at 615-642-1113. I will be happy to answer any questions you might have.

Why Murfreesboro First United Methodist Church chose NAUMF to manage its Endowment
By Ivie P. Burns and the Rev. Michael O’Bannon, January 10, 2008

First United Methodist Church, Murfreesboro, Tennessee has been blessed by the vision of our church leadership and our members to set up the Endowment Program many years ago. This Endowment Program was structured to over see the gifts entrusted to our church. Through the years, individuals have left financial gifts to our church to help supplement future growth of the Murfreesboro First United Methodist Church.

Back in 2003, our Permanent Endowment Fund Committee came to the conclusion that we should move our assets to the Nashville Area United Methodist Foundation Fund for their assistance in helping us manage these financial gifts. We felt by doing this that we continue building on the vision of our church forefathers as well as being good stewards of financial assets that God had so generously provided to us.

Non-profit institutions, who are entrusted to manage assets, are in a new day of accountability; especially, when it comes to the financial gifts of those from the past, entrusting those of today, to provide for those of the future. With the growth of the funds in the Murfreesboro First United Methodist Endowment Program, the responsibility of accounting and investment management of those funds has grown with it. We had assets invested in several different accounts, in different styles and with several different financial institutions. We felt that we needed to handle these areas of concern with the highest degree of professionalism, organization, transparency and prudence. Fortunately, the Nashville Area United Methodist Foundation Fund has grown into an organization that can offer these areas of expertise to fellow United Methodist Churches. The Nashville Area United Methodist Foundation Fund, partnered with CapGroup Investment Advisors, Inc. and SunTrust Trust Services, could help our local Permanent Endowment Fund Committee reach our goals to provide well-managed and diversified growth of these financial assets. We wanted our funds consistently monitored and accounted for by professionals, on behalf of the members of our local church’s Permanent Endowment Fund Committee today and into the future.

The Rev. Michael O’Bannon

The Endowment Program of First United Methodist Church, Murfreesboro has the following investment objectives:

1. Preservation of principal for the effective maintenance of purchasing power. (Principal is defined as original contributions plus all appreciation of invested assets.)
2. Regular income at a reasonable rate to be used for distribution of income. (Income is defined as dividends and interest generated from investments.)
3. Growth of income and principal over and above that necessary to offset cost of living increases.
4. Investment of assets in institutions, companies, corporations, or funds which make a positive contribution toward the realization of the goals outlined in the Social Principles of the Church.

The ministries that are currently being served within our church by The Endowment Program of First United Methodist Church, Murfreesboro are as follows:

1. Assisting children and youth activities.
2. Special needs and ministries determined by the church leadership.
3. Missions in and beyond the local church and community.
4. Maintenance, care, improvements or additions to, or construction of physical facilities.
5. Scholarship assistance to college or seminary students, with first consideration being given to students who are members or whose families are members of Murfreesboro First United Methodist Church.
6. Musical events, enhancement and growth of music ministries, organ maintenance, and the enhancement of worship opportunities.


The Ingram Scholarship Fund

Shirley and Clifford Ingram, Pamona UMC, March 20, 2005

Rev. Clifford Ingram was a big believer in education. He felt that it was a key element in making a difference in a person’s life, especially low income families. Usually children from these families were not eligible for scholarships due to their low grades. Cliff was a recipient of scholarships from different civic groups during his college days at Tennessee Wesleyan College in Athens (his hometown) and Vanderbilt Divinity School.

Cliff’s desire to establish a scholarship fund for low income families was due to his gratitude for those who had helped him and therefore, he wanted to help others, as he had been helped.

Cliff retired in 1991 after spending 38 years in the ministry and 11 years as the organizer and first Director of LBJ & C Development Corporation in the Upper Cumberland area.

After graduation from Scarritt College, his wife, Shirley worked as a Director of Christian Education in four churches in Middle Tennessee. After retirement, Cliff and Shirley moved to his 48 acre beloved farm in Cumberland County but continued their ministry by directing Bible Schools and him filling in many pulpits. In 2000, they moved to Pleasant Hill, a retirement village. They had just moved to Shirley’s family’s 103 year old farmhouse in Smithville (her hometown) when Cliff died in February, 2007.

Shirley’s heart was joined with Cliff’s desire as she, too, had been awarded several scholarships in her college days. She worked with the scholarship committees from Gainesboro and Pomona churches in compiling policies in deciding who would be eligible. Again, low income was the first priority.

Even after Shirley’s death, the Ingram Scholarship Fund should assist eligible young people for the next 20 years or longer.

Columbia First UMC entered into a relationship with the Nashville Area Foundation in 2007
By the Rev. Jim Hughes, pastor, Columbia First UMC

Columbia First UMC entered into a relationship with the Nashville Area Foundation in 2007. Our church was given a gift several years ago by a generous member as a legacy gift. Those funds have been utilized as a “Maintenance Endowment” for our church facility. As the years passed other legacy gifts were added, some of which were undesignated, some designated. The undesignated gifts were added to the maintenance endowment. The designated gifts were, and are, utilized as per the wishes of the donors and in consultation with the church leadership.

Columbia First UMC pastor Jim Hughes and Chairperson of Trustees, Beverly Horner. Horner is also a member of the Board of Directors of the Nashville Area Foundation.

For instance, we have multiple scholarship funds that make up part of our total endowment funds. Those scholarships are made available to graduates of First UMC each year through an application process.

We have a Music Endowment made possible by a church member who loved the choir and wanted to ensure there would be additional funds beyond the normal operations budget for use by the music department.

We have an endowment that was left specifically to assist ministry with older adults. At present, we are funding a staff person who concentrates specifically on ministries with aging adults with the proceeds of that endowment.

There are other funds that, together, make up our entire endowment fund.

For many years, our Business Administrator kept up with these funds and their proceeds.

Those funds were invested locally and then our Administrator would cut checks to the various ministry groups entitled to proceeds.This was an additional burden on our Administrator who was forced to juggle multiple records among the various funds.

The decision to place our Endowment with The Nashville Area Foundation was twofold. First, we wanted to do it as a way of supporting our United Methodist Church. Upon review of bids from several investment firms, we found that the rate of return from the Nashville Area Foundation was comparable to those other firms.

Second, the administrative aspect of dealing with the various funds is handled by the Foundation on our behalf. We simply inform the Foundation when we need a check cut, for what amount, and from which fund and it is taken care of. They handle all the “paperwork”.

Our Trustees meet with Vin Walkup at least once a year to review the performance of the endowment. Like any investment firm, the Foundation depends upon the overall market. We have been pleased with the performance of our endowment funds and with the staff of the Foundation in meeting our needs. We are especially pleased to be able to assist in the mission of our church at the same time. We consider that a “win-win” proposition.



United Methodist Foundation and Aldersgate UMC--Partners in Ministry
By the Rev. James Clark, Pastor, Aldersgate UMC

The Rev. Jim Clark

I have a long history with the Foundation that dates to the mid 1990’s. This is a relationship that has enabled the churches that I have served to overcome difficult times.

At Aldersgate United Methodist Church the Foundation was not only a friend but also a partner in the rebuilding of the church after the tornado hit that destroyed most of it. It was during those difficult times that the staff enabled the people of Aldersgate to recover. In a world of big business, the church finds itself unable to secure the financial resources that are needed to help it carry on the work of the church. We were blessed to have the Foundation that was able to give a helping hand.

The story of our relationship does not end at the time we made the final payment; it was just the beginning of a partnership that I hope will last for many years to come. It all started when the church was given a wonderful gift by one of the church families. Money that was given to aid in the mission for years to come. The fear was that if we were not careful the money would soon be gone without any long lasting benefits to the church. The church talked long and looked at the options that it had to make this gift work for the church. It was a meeting with the Reverend Edd Templeton that gave us the best course for us to take. We have come to see that the Foundation was not only the right move for us, but a move that over the years has enabled us to replace heating and cooling equipment, as well as to fund on going ministries of the church.

We at Aldersgate look forward to working with our partner in ministry for many years to come.

Mission Statement for the United Methodist Development Fund of TN/KY, Inc.
The mission of The United Methodist Development fund of TN/KY, Inc. is to provide funds for Memphis and Tennessee Conference churches, agencies, and missions enabling them to thrive and grow by granting affordable loans for renovation and invest their money so that it benefits the Church.

Through the UMDF, people who care about the vitality and future of the Church can combine their resources and provide a Conference-wide loan pool for the benefit of Nashville Area churches, agencies, and missions.

Mission Statement for the Nashville Area United Methodist Foundation
The Nashville Area United Methodist Foundation was established for the Memphis and Tennessee Conferences in order ---

---To provide a management-investment partnership for long-term and permanent funds for local churches, institutions, and ministries of the Church.
---To encourage and receive planned gifts in support of local churches, institutions, and special ministries of the United Methodist Church and ot assist donors in placing their gifts.