We are grateful to be a partner in ministry with you and look forward to serving alongside you in 2020 and beyond. No matter the course of The United Methodist Church, our Foundation is strategically aligned to continue our ministry with all churches and ministry organizations in the Wesleyan tradition. Our mission to help faithful people live generous lives in unwavering even during these uncertain times for our church. As we reflect on 2019, here are some of our significant highlights:
The Balanced Fund of our UMF Collective Investments Funds of Michigan LLC provided an astonishing 2019 annual return of 21.27%, outpacing its benchmark by nearly 2%. Investors repeatedly realize that our commitment to socially responsible investment principles, highly competitive investment fees, solid investment returns, and comprehensive stewardship ministry make us a valued ministry partner. In fact, we invest more assets than any other United Methodist Foundation in the North Central Jurisdiction and are among those leading the National Association of United Methodist Foundations.
We awarded over $175,000 in scholarships and grants since 2018. We are committed to addressing the overwhelming issue of student loan debt faced by so many pastors and are exploring ways to reduce this burden. Stay tuned for more!
We are a recognized leader in the area of clergy leadership development. We continue to expand partnerships, add staff, be more proactive in staff deployments and come alongside even more Michigan Conference ministries and program. For instance, we are a proud sponsor of the 2020 Clergy Retirement Celebration Dinner, annual conference, and other ministry programs.
In the past 10 years, the Michigan Area Loan Fund has loaned over $17.3M to more than 64 churches. These partnerships have helped with expansion, renovations, or unexpected repairs all across Michigan churches and ministry centers. In addition to providing loans and promissory notes, this fund also welcomes Michigan residents and churches as investors by offering an attractive return for a cash investment.
While all that makes us sound like a “big business,” we are clear that our purpose is to help local churches fulfill their mission to make disciples of Jesus Christ for the transformation of the world. We pride ourselves on offering personal service. Our staff are faithful Christians with a deep commitment to the Church. We are invested in the lives and mission of congregations. We live and work throughout Michigan and enjoy building relationships with each of you.
Marian, Ann, Jeff, Karen, and I look forward to serving you in 2020 and beyond. All my best for your continued ministry!
