2023-11-11T03:04:19-05:00 2022-12-31 990 2022-01-01 710525462 THE METHODIST FOUNDATION FOR ARKANSAS % Rev J Wayne Clark METH 5016648632 601 WELLINGTON VILLAGE RD Little Rock AR 72211 Clarence Trice Senior Vice President and CFO 2023-11-11 2022 2023-04-26 12:10:37Z Rev J Wayne Clark 601 Wellington Village Rd LITTLE ROCK AR 722112294 12591868 false X methodistfoundationar.org X 1963 AR The mission of The Methodist Foundation for Arkansas is to create and administer permanent charitable endowments to strengthen and expand Methodist ministries in Arkansas. 18 18 11 0 0 0 3138717 3936130 1280888 828035 1816714 3543205 0 0 6236319 8307370 1639992 1879989 0 0 1015812 1137443 0 0 328705 460557 600721 3116361 3618153 3119958 4689217 242079411 198653001 125781466 104490177 116297945 94162824 The mission of The Methodist Foundation for Arkansas is to create and administer permanent charitable endowments to strengthen and expand Methodist ministries in Arkansas. false false 814533 814533 0 Provided funds to the Arkansas Annual Conference of the United Methodist Church and various churches within the Conference for programs advancing the United Methodist Church and its ministries. 110000 110000 0 Provided funds to Philander Smith College in support of its efforts to provide a quality education for all regardless of race religion sex national origin or ethic background. 65960 65960 0 Provided funds to Methodist Family Health in support of its counseling services for Arkansas children and families. 669496 669496 0 1659989 true true false false false true false false false true true false false false true true true false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false true 6 0 true 11 true false false false false false false false 0 false false false false false false false false false false 18 18 false false false false false false false true true false false true true true true true true true true false X Clarence Trice 5016648632 601 Wellington Village Road Little Rock AR 72211 Rev J Wayne Clark President and CEO 40.00 0.00 X X X 202000 0 36130 Rev Andrea Cummings Board of directors 0.00 0.00 X 0 0 0 Mrs Mable Donaldson Board of directors 0.00 0.00 X 0 0 0 Dr Debby Fiser Board of directors 0.00 0.00 X 0 0 0 Mr Sam Gibson Board of directors - Chairperson 0.00 0.00 X X 0 0 0 Ms Pam Harris Board of directors 0.00 0.00 X 0 0 0 Rev Phil Hathcock Board of directors - secretary 0.00 0.00 X X 0 0 0 Mr Bert Kell Board of directors 0.00 0.00 X 0 0 0 Mr Bill Kincaid Board of directors 0.00 0.00 X 0 0 0 Mrs Becki Lusk Board of directors 0.00 0.00 X 0 0 0 Rev Natasha Murray - vice chair Board of directors 0.00 0.00 X X 0 0 0 Mr Gary Nutter Board of directors 0.00 0.00 X 0 0 0 Mrs Jill Penick Board of directors 0.00 0.00 X 0 0 0 Mrs Jan Pugh Board of directors 0.00 0.00 X 0 0 0 Mr Eddie Schieffler Board of directors 0.00 0.00 X 0 0 0 Mr Steve Shults Board of directors 0.00 0.00 X 0 0 0 Mr Dewitt Smith Board of directors 0.00 0.00 X 0 0 0 Mr Clarence E Trice Sr Vice President and CFO 40.00 0.00 X X X 158000 0 32659 Mr Eddie H Walker Jr Board of directors 0.00 0.00 X 0 0 0 Dr Calvin White Jr Board of directors 0.00 0.00 X 0 0 0 Rev Lynn Kilbourne Director of Development 40.00 0.00 X 101000 0 17897 461000 0 86686 0 false true false 0 0 0 0 0 3936130 1224683 3936130 Account Service Fees 813211 828035 828035 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 828035 983900 0 0 983900 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6843803 0 4284498 0 2559305 0 2559305 0 0 2559305 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8307370 828035 0 3543205 1659989 1659989 220000 220000 0 0 0 0 461000 0 360000 101000 0 0 0 0 424867 0 343867 81000 105190 0 83350 21840 83699 0 70773 12926 62687 0 48764 13923 0 0 0 0 7685 0 7685 0 15250 0 15250 0 0 0 0 0 0 0 0 0 0 0 2500 0 2500 0 100196 0 50098 50098 42255 0 42255 0 39053 0 19527 19526 0 0 0 0 119463 0 119463 0 56785 0 28393 28392 0 0 0 0 30995 0 30995 0 3431 0 3431 0 0 0 0 0 123332 0 123332 0 15075 0 15075 0 Dues 4553 0 4553 0 Postage 8429 0 8429 0 Newsletter 31719 0 31719 0 0 0 0 0 0 0 0 0 3618153 1879989 1409459 328705 0 0 0 0 0 0 11387165 8292560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4037100 525870 3590569 3511230 226914738 185614505 0 0 0 0 0 0 186939 1234706 242079411 198653001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 125781466 104490177 125781466 104490177 X 6368705 5967785 109929240 88195039 116297945 94162824 242079411 198653001 4689217 -24050450 0 0 0 -2773888 X false true X true false X 605443 1051787 1666356 3138717 3936130 10398433 0 0 0 0 0 0 0 0 0 0 0 0 605443 1051787 1666356 3138717 3936130 10398433 2787876 7610557 2279439 2573556 676163 667703 983900 7180761 0 0 0 0 0 0 950883 978225 1040941 1280888 828035 5078972 22658166 0.3359 0.2636 X Part II - Line 10 | Year:, Amount:, Description:| 2018, 950883.0000, Line 10 represents account service fees| 2019, 978225Line 10 represents account service fees| 2020, 1040941Line 10 represents account service fees| 2021, 1280888Line 10 represents account service fees| 2022, 828035Line 10 represents account service fees| RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 0 350849 0 589415 0 608424 0 true true 102748158 2468407 -18310909 -3521284 0 0 83384372 92482883 2357473 9822761 -1914959 0 0 102748158 79225594 679300 14644824 -2066835 0 0 92482883 66093480 2116600 13231169 -2215655 0 0 79225594 73753459 277350 -4777637 -3159692 0 0 66093480 0.36 0.64 0 false false 0 650711 650711 0 2999481 310897 2688584 0 0 0 0 0 352826 209712 143114 0 34082 5261 28821 3511230 Charitable gift annuity reserve 2676632 Agency obligations 101805644 Due to churches and institutions 7901 104490177 X 0 0 8307370 8307370 8307370 0 0 3618153 3618153 3618153 Part V, line 4 The intended uses of all Foundation endowment funds is to promote the ministries of the United Methodist Church within the state of Arkansas. Part X, line 2 The Foundation evaluates all tax positions and believes its tax positions would be sustained upon examination. Part XI, line 2d The financial audit of the Foundation is limited in scope to its assets liabilities and net assets. Part XI, line 4b The financial audit of the Foundation is limited in scope to its assets liabilities and net assets. Part XII, line 4b The financial audit of the Foundation is limited in scope to its assets liabilities and net assets. true Arkansas Conference UMC 800 Daisy Bates Drive Little Rock AR 72202 710554172 501(c)(3) 814533 0 Book None Religious Philander Smith College 900 Daisy Bates Drive Little Rock AR 72202 710239729 501(c)(3) 110000 0 Book None Religious Methodist Family Health 1600 Alsdersgate Road Little Rock AR 72205 020701562 501(c)(3) 65960 0 Book None Religious Ozark Mission Project PO Box 26525 Little Rock AR 72221 710763942 501(c)(3) 40000 0 Book None Religious Camp Aldersgate 2000 Aldersgate Road Little Rock AR 72205 710265209 501(c)(3) 37500 0 Book None Religious Tapestry House 307 West Elm Rogers AR 72756 832172702 501(c)(3) 30000 0 Book None Religious Winthrop Rockefeller Foundation 225 East Markham Little Rock AR 72201 710285871 501(c)(3) 30000 0 Book None Religious Well Fed 7111 Lucea Road Little Rock AR 72210 853767548 501(c)(3) 28800 0 Book None Religious Imagination Library 401 Scott Street Little Rock AR 72701 821620909 501(c)(3) 25200 0 Book None Religious Goshen UMC PO Box 112 Goshen AR 72735 710599043 501(c)(3) 25000 0 Book None Religious Immerse Arkansas 5300 Asher Avenue Little Rock AR 72204 811527518 501(c)(3) 25000 0 Book None Religious Centers for Youth and Families 1521 Merrill Drive Little Rock AR 72211 710415350 501(c)(3) 25000 0 Book None Religious Manna Center 670 Heritage Court Siloam Springs AR 72761 710743584 501(c)(3) 25000 0 Book None Religious AR Kids Read PO Box 22701 Little Rock AR 72221 461477513 501(c)(3) 20000 0 Book None Religious Green Forest UMC PO Box 770 Green Forest AR 72638 710584051 501(c)(3) 20000 0 Book None Religious Trinity UMC 1021 W Sycamore Street Fayetteville AR 72701 710386232 501(c)(3) 18338 0 Book None Religious Samaritan Community Center 1211 West Hudson Road Rogers AR 70756 043703020 501(c)(3) 17500 0 Book None Religious Karios Prison Ministry PO Box 913 Benton AR 72018 591970458 501(c)(3) 16171 0 Book None Religious Teen Action & SUpport Center 2525 W New Hope Road Rogers AR 72758 202977629 501(c)(3) 16000 0 Book None Religious UALR - Little Rock Congregational Study 2801 South University Avenue Little Rock AR 72204 716056774 501(c)(3) 15400 0 Book None Religious ATU Wesley Foundation 1111 North El Paso Russellville AR 72801 710591851 501(c)(3) 10000 0 Book None Religious Camp Tanako 4301 Hwy 290 Hot Springs AR 71923 710286073 501(c)(3) 10000 0 Book None Religious Oak Forest UMC 2415 Fair Park Blvd Little Rock AR 72204 710294252 501(c)(3) 10000 0 Book None Religious Project Neuro 215 Missouri Street West Memphis AR 72301 883726858 501(c)(3) 10000 0 Book None Religious UMCOR - Ukraine 458 Ponce DeLeon Avenue NE Atlanta GA 30308 841449602 501(c)(3) 10000 0 Book None Religious Big Brothers and Big Sisters 91 W Colt Square Drive Fayetteville AR 72703 710744925 501(c)(3) 9950 0 Book None Religious Paragould FUMC PO Box 667 Paragould AR 72451 710260518 501(c)(3) 9060 0 Book None Religious CJCOHN 103 Elm Street Benton AR 72015 710675975 501(c)(3) 8751 0 Book None Religious Neighboring Movement 723 Center Street Little Rock AR 72201 710236878 501(c)(3) 7500 0 Book None Religious Parents Left Behind PO Box 10795 Fayetteville AR 72703 823456670 501(c)(3) 6500 0 Book None Religious Alpena UMC PO Box 356 Alpena AR 72611 710592937 501(c)(3) 6000 0 Book None Religious Second Street Pantry Missions 201 NW Second Street Bentonville AR 72712 814659372 501(c)(3) 6000 0 Book None Religious 32 0 Seminary Scholarships 14 220000 0 Book 0 0 0 0 0 0 0 0 0 0 0 0 0 Part I Line 2 Grant proposals are submitted for review of the Foundation's grant administrator and grant committee. The committee meets monthly to consider proposals received. If approved recipient is required to issue a summary report detailing the results of the program for which the grant was directed. true X X X false false false false false false false false false Rev J Wayne Clark President and CEO 202000 0 0 0 0 0 24240 0 11890 0 238130 0 0 0 Mr Clarence E Trice Sr. Vice President and CFO 158000 0 0 0 0 0 18960 0 13699 0 190659 0 0 0 Rev Lynn Kilbourne Director of Development 101000 0 0 0 0 0 12120 0 5777 0 118897 0 0 0 Part I Line 3 Part 1, Line 3 - The Foundation's Human Resources Committee serves as a compensation committee. The committee reviews annual compensation surveys of similar foundations, along with annual employee reviews, cost of living adjustments and other pertinent factors in its process of recommending individual staff salaries for the approval of the Foundation's Board of Directors. X 1 24683 Fair Market Value X 1 1200000 Fair Market Value Appraisal 1 false true true FormAndLineReferenceDesc: Part I, line 32b Unrelated third party real estate professionals are engaged in determining fair market value of real estate received. Publicly traded securities received are liquidated by unrelated local investment brokers. Part VI, Line 11b Form 990 Part VI Line 11b -- All schedules are prepared by the Foundation's chief financial officer with assistance from the accounting staff. Completed forms are reviewed by staff. Prior to filing the complete Form 990 and all schedules were provided to each member of the board of directors for approval. Part VI, Line 12c Form 990 Part VI Line 12c -- Annually each member of the Board of Directors is required to sign a statement that they are aware of the Foundation conflicts of interest policy and that they are in compliance with the policy. In the course of business throughout the year the Foundation's staff closely monitors activity for the existence of potential conflicts which may arise. Part VI, Line 15 Form 990 Part VI Line 15 -- Compensation amounts for the CEO and all key employees are determined after a survey of similar Foundations annual review of employees' performance and a review of the current year cost of living adjustments. This data is furnished to the Foundation's Human Resources Committee which makes salary recommendations for approval by the Board of Directors. Part VI, Line 19 Form 990 Part VI Line 19 -- During 2022 the Foundation did not receive a request to make its governing documents its conflicts of interest policy or its financial statements available to a member of the public. In the event that such requests are forthcoming in the future the Foundation will make every effort to comply with all reasonable requests. Part III, Line 4d | Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Provided funds to various nonprofit entities in an effort to strengthen and expand the relevance of the Methodist Church in Arkansas by providing financial support for innovative and creative ministries., $669496, $669496, $0| Part XI, Line 9 | Description:, Explanation:, Amount:| Part XI line 9, Beneficiary distributions and reclassified net earnings., $-2773888|