2024-11-06T14:35:34-07:00 2023-12-31 990 2023-01-01 550545643 UNITED METHODIST FOUNDATION OF WEST VIRGINIA INC UNIT 3043422113 PO Box 3811 Charleston WV 25338 Jeff Taylor President 3043422113 2024-11-06 1 2023 2024-10-15 13:58:12Z Jeff Taylor PO Box 3811 Charleston WV 25338 3702551 0 X www.umfwv.org X 1974 WV To create a culture of generosity by raising, managing, and distributing funds for charitable and religious purposes, with a special interest on United Methodist causes. 22 22 6 0 0 0 669949 341386 0 0 2289502 2904677 435165 456488 3394616 3702551 2445181 2435172 0 0 571630 614770 0 0 395611 413036 439266 3429847 3489208 -35231 213343 121404337 140916015 55479846 68599977 65924491 72316038 The mission of the Foundation is to create a culture of generosity by raising, managing, and distributing funds for charitable and religious purposes, with a special interest on United Methodist causes. 0 0 2663262 2435172 0 To raise, manage, and distribute funds to expand and enhance United Methodist ministry in the name of Jesus Christ. 0 0 0 2663262 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 6 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 0 0 MD WV X United Methodist Foundation of West Virginia Inc 3043422113 PO Box 3811 Charleston WV 25338 Jeffrey A Taylor President and Trustee 40 0 X X X 164201 0 60710 Kimberly A Matthews Vice President and Trustee 40 0 X X X 111147 0 28695 Susannah Carpenter Chief Financial Officer and Trustee 40 0 X X 99823 0 33296 Bishop Sandra Steiner Ball Honorary Chairperson 1 0 X X 0 0 0 Cheryl Davis Chairperson 1 0 X X 0 0 0 Michael Perkins Vice Chairperson 1 0 X X 0 0 0 Judy Raines Treasurer 1 0 X X 0 0 0 Maribeth Anderson Trustee 1 0 X 0 0 0 Jarrod Caltrider Trustee 1 0 X 0 0 0 Lauren Godwin Trustee 1 0 X 0 0 0 Barbara Hale Trustee 1 0 X 0 0 0 Aliene Lee Trustee 1 0 X 0 0 0 Neil Leftwich Trustee 1 0 X 0 0 0 Teresa Markins Trustee 1 0 X 0 0 0 Barbara McDowell Trustee 1 0 X 0 0 0 Patricia Mick Trustee 1 0 X 0 0 0 Jamie O'Brien Trustee 1 0 X 0 0 0 Gina Palmer Trustee 1 0 X 0 0 0 Deborah Shaffer Trustee 1 0 X 0 0 0 Edward A Sisson Trustee 1 0 X 0 0 0 James Wadsworth Trustee 1 0 X 0 0 0 Vernon Webster Trustee 1 0 X 0 0 0 Jeffrey Welshonce Trustee 1 0 X 0 0 0 Kristi Wilkerson Trustee 1 0 X 0 0 0 William Wilson Trustee 1 0 X 0 0 0 375171 0 122701 2 0 1 0 0 0 0 0 0 0 341386 20231 341386 0 1798034 1798034 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1106643 0 0 0 1106643 0 1106643 1106643 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 456488 456488 0 0 456488 3702551 3361165 0 0 2323997 2323997 105625 105625 5550 5550 0 0 383165 94985 155685 132495 0 0 0 0 83022 15582 26579 40861 41785 10028 16714 15043 84013 20163 33605 30245 22785 5468 9114 8203 0 0 0 0 99 0 99 0 42986 0 42986 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17529 5259 0 12270 26454 9259 9259 7936 74330 14866 29732 29732 0 0 0 0 70364 14073 21109 35182 27687 9690 2769 15228 0 0 0 0 60178 6018 24071 30089 0 0 0 0 0 0 0 0 26894 0 26894 0 26334 3950 18434 3950 Printing 26556 7967 1328 17261 Postage 13113 3278 3934 5901 Staff Training 10995 3848 3299 3848 Communications 10140 2535 3042 4563 5607 1121 1682 2804 3489208 2663262 430335 395611 1197741 792342 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 179129 92996 52243 86133 43673 36163 120110680 140001377 0 0 0 0 0 0 121404337 140916015 0 0 0 0 0 0 0 0 52712923 65591548 0 0 0 0 0 0 2766923 3008429 55479846 68599977 X 5518527 6264311 60405964 66051727 65924491 72316038 121404337 140916015 213343 6178204 0 0 0 0 X 1 X 1 X 1 0 X 761300 1610272 3083618 669949 341386 6466525 0 0 0 0 0 0 0 0 0 0 0 0 761300 1610272 3083618 669949 341386 6466525 913195 5553330 1460330 1150955 1320058 1669305 1798034 7398682 0 0 0 0 0 0 0 0 0 0 0 0 13865207 0.40052 0.38672 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 0 63743 0 130860 0 2317126 0 1 1 0 1 X 61228324 149079 8451149 2396826 0 507655 66924071 75219222 427007 -11662249 2234472 0 521184 61228324 67815124 4366108 5593236 1971086 0 584160 75219222 59053486 1042147 10159520 1961687 0 478342 67815124 51277783 551167 9589882 1913216 0 452130 59053486 0.04 0.65 0.31 0 0 0 0 0 0 0 0 0 6551 0 5106 1445 0 0 0 0 172578 0 87890 84688 86133 0 0 Wespath Securities 140001377 F 140001377 0 Gift Annuity and Unitrust 3008429 3008429 9944169 6178580 0 0 63038 6241618 3702551 0 0 0 3702551 3533147 0 0 0 43939 43939 3489208 0 0 0 3489208 Schedule D, Part IV, Line 2b Custodial accounts represent deposits held by the Foundation on behalf of others for investment purposes. These accounts are governed by agreements whereby the funds may be withdrawn by the depositor or directed to another custodian upon delivery of written notice to the Foundation in accordance with the terms of the underlying agreement. Schedule D, Part V, Line 4 To provide support for ongoing and future ministry across the State of West Virginia and Garrett County Maryland. Schedule D, Part XI, Line 2d The Foundation had a change in value of split interest agreements of $63,038 in the audited financial statements. Form 990 and all accompanying schedules were prepared using the modified cash basis. Schedule D, Part XII, Line 2d The Foundation accrued expenses for the audit. Form 990 and all accompanying schedules were prepared using the modified cash basis. 1 West Virginia Wesleyan College 59 College Ave Buckhannon WV 26201 000000000 99730 United Methodist Ministry Pension Funds Inc Treasurer P O Box 2469 Charleston WV 253292469 000000000 98743 Pension Funding Burlington United Methodist Family Services Inc 120 Hope Lane P O Box 69 Burlington WV 26710 000000000 95338 United Methodist Ministry Burlington United Methodist Family Services Inc Beckley Campus 4700 Robert C Byrd Dr Beckley WV 258018120 000000000 67493 United Methodist Ministry Lewisburg United Methodist Church PO Box 69 Lewisburg WV 249010069 000000000 47320 United Methodist Ministry Conference Treasurer P O Box 2469 Charleston WV 25329 000000000 46790 United Methodist Ministry Heart and Hand Outreach Ministries Inc 212 D St South Charleston WV 25303 000000000 44372 United Methodist Ministry United Methodist Committee on Relief UMCOR 458 Ponce de Leon Avenue NE Bldg A Ste 1 Attn Cash Receipts Atlanta GA 30308 000000000 41813 Recovery Ministry Central United Methodist Church Fairmont 301 Fairmont Ave Fairmont WV 265542712 000000000 36365 United Methodist Ministry West Hamlin United Methodist Church Libby Alford PO Box 328 West Hamlin WV 255710328 000000000 32279 United Methodist Ministry Gassaway United Methodist Church Chairperson of Trustees 710 Braxton St Gassaway WV 266241110 000000000 29711 United Methodist Ministry St Paul United Methodist Church South Charleston 4606 Kanawha Tpke South Charleston WV 253092125 000000000 25601 United Methodist Ministry Wesley Theological Seminary Development Office 4500 Massachusetts Avenue NW Washington DC 20016 000000000 25028 United Methodist Ministry First United Methodist Church Parsons Marvin Canfield 101 1st Street Parsons WV 262871206 000000000 25000 United Methodist Ministry Wespath Benefits and Investments PO Box 75783 Chicago IL 606755783 000000000 25000 United Methodist Ministry John Stewart United Methodist Church 102 Jones Street Bluefield WV 24701 000000000 24000 United Methodist Ministry Johnson Memorial United Methodist Church PO Box 26 Huntington WV 257060026 000000000 22609 United Methodist Ministry West Virginia Disaster Response Ministries Conference Treasurer P O Box 2469 Charleston WV 25329 000000000 20000 United Methodist Ministry Wesley United Methodist Church Morgantown 503 N High St Morgantown WV 265055004 000000000 19195 United Methodist Ministry House Of The Carpenter Inc 200 S Front St Wheeling WV 260032006 000000000 19009 United Methodist Ministry Cornerstone Ministries Boothsville Charge 379 Dean Drive Fairmont WV 26554 000000000 18000 United Methodist Ministry First United Methodist Church Buckhannon 52 S Florida St Buckhannon WV 262012672 000000000 17065 United Methodist Ministry Dunbar United Methodist Church 1401 Myers Ave Dunbar WV 250642928 000000000 16721 United Methodist Ministry St Andrew United Methodist Church St Albans Finance Chair 815 Kanawha Ter Saint Albans WV 251772955 000000000 15226 United Methodist Ministry Mullens Area Public Library 102 4th Street Mullens WV 25882 000000000 14975 To improve Mullens Library St Marks United Methodist Church Charleston 900 Washington St E Charleston WV 253011766 000000000 14859 United Methodist Ministry Chapel Hill United Methodist Church 88 S Kanawha St Buckhannon WV 262012635 000000000 14653 United Methodist Ministry First United Methodist Church Welch PO Box 416 Welch WV 248010416 000000000 14000 United Methodist Ministry Upshur Cooperative Parish Inc 68 College Avenue Buckhannon WV 26201 000000000 12843 United Methodist Ministry Scott's Run Settlement House Executive Director PO Box 590 Pursglove WV 265460590 000000000 12818 United Methodist Ministry United Methodist Temple Beckley 201 Templeview Dr Beckley WV 258017125 000000000 11175 United Methodist Ministry St Paul's United Methodist Church Parkersburg 219 11th St Parkersburg WV 261014305 000000000 11092 United Methodist Ministry Swanton-Otterbein UMC PO Box 175 Bloomington MD 21523 000000000 11000 United Methodist Ministry Follansbee United Methodist Church Lee Roy James 112 Brooke View Drive Follansbee WV 260371102 000000000 10435 United Methodist Ministry First United Methodist Church Huntington 1124 5th Ave Huntington WV 257012205 000000000 10174 United Methodist Ministry North Star Child Advocacy Cener 200 Star Avenue Suite 212 Parkersburg WV 26101 000000000 10000 United Methodist Ministry Barrackville United Methodist Church Cheryl Wilmoth P O Box 186 Barrackville WV 26559 000000000 9840 United Methodist Ministry Clendenin United Methodist Church Pastor Po Box 686 Clendenin WV 250450686 000000000 9424 United Methodist Ministry Forrest Burdette Memorial United Methodist Church 2848 Putnam Ave Hurricane WV 255261424 000000000 9110 United Methodist Ministry Concord United Methodist Church Athens Treasurer P O Box 746 Athens WV 247120746 000000000 8925 United Methodist Ministry First Presbyterian Church of Virginia Beach 300 36th Street Virginia Beach VA 23451 000000000 8700 United Methodist Ministry Steele Memorial United Methodist Church P O Box 346 Barboursville WV 255040346 000000000 8700 United Methodist Ministry First United Methodist Church Barboursville 615 Water St Barboursville WV 255041318 000000000 8679 United Methodist Ministry Mt Hope UMC 126 Tallmansville Road Buckhannon WV 26201 000000000 8325 United Methodist Ministry Newton United Methodist Church 12373 Clay Road Newton WV 25266 000000000 8005 United Methodist Ministry The Paws Squad 1412 Lincoln Highway Chapmanville WV 25508 000000000 8000 United Methodist Ministry United Methodist Higher Education Foundation Bob Fletcher P O Box 340005 Nashville TN 372030005 000000000 8000 United Methodist Ministry West Virginia Symphony P O Box 2292 Charleston WV 25328 000000000 8000 United Methodist Ministry General Board of Higher Education & Ministry P O Box 440102 Nashville TN 372440102 000000000 7500 Higher Education Advocates Saving Adoptable Pets P O Box 1621 Huntington WV 25717 000000000 7000 United Methodist Ministry Enterprise United Methodist Church Treasurer 1237 East Pike St Shinnston WV 26431 000000000 6555 United Methodist Ministry Central Michigan University Bovee Building Room 119 Mt Pleasant MI 48859 000000000 6500 United Methodist Ministry Bethesda United Methodist Church Ona 118 Bethesda Dr Ona WV 255459720 000000000 6000 United Methodist Ministry Religious Coalition for Community Renewal (RCCR) PO Box 3911 Charleston WV 25339 000000000 6000 United Methodist Ministry Stout Memorial United Methodist Church 3329 Broad St Parkersburg WV 261042642 000000000 5927 United Methodist Ministry Christ Church United Methodist Charleston 1221 Quarrier St Charleston WV 253011809 000000000 5751 United Methodist Ministry Trinity United Methodist Church Point Pleasant PO Box 228 Point Pleasant WV 255500228 000000000 5081 United Methodist Ministry 57 0 Scholarship is for students attending seminary. The selection of the scholarship recipient is made by the Trustees of the United Methodist Foundation of West Virginia, Inc. 1 10153 0 Scholarship is for students attending seminary. The selection of the scholarship recipient is made by the Trustees of the United Methodist Foundation of West Virginia, Inc. 1 8348 0 Scholarship is for students attending seminary. The selection of the scholarship recipient is made by the Trustees of the United Methodist Foundation of West Virginia, Inc. 1 7814 0 Schedule I, Part I, Line 2 Distributions are made in accordance with the terms of the trust document and/or other writings expressing the donors' intentions, such as a last will and testament. In the case of trusts that do not have a specific agreement, the Board of Trustees controls distribution. In addition to our self-monitoring of distributions, an annual independent audit reviews distributions against trust documents. X 1 0 X X X 0 0 0 0 0 0 0 0 0 Jeffrey A Taylor President and Trustee 164201 0 0 0 0 0 0 0 60710 0 224911 0 0 0 Schedule J, Part I, Line 1a The President of the Foundation is an ordained minister and has accepted an appointment to serve the Foundation. Section 107 of the Internal Revenue Code specifies that the amount of ministers' compensation that is designated in advance by their employer as a housing allowance is not taxable in computing federal income taxes to the extent that it is used to pay for actual expenses incurred in owning or renting a home or apartment, and, in the case of ministers who own their home, does not exceed the fair rental value and maintenance of the home. X 11 54903 FMV 0 1 1 Schedule M, Part I, Line 32b The Foundation uses a discount brokerage to carry out the sell orders for any stock gifts received. Form 990, Part VI, Section B, Line 11b The Foundation reviews the filing and makes it available to the Board for review. Form 990, Part VI, Section B, Line 15 The Foundation Leadership and Administration Committee reviews salary comparisons for similar positions in the same region. Form 990, Part VI, Section C, Line 19 The Foundation will make its governing documents, conflict of interest policy, and financial statements available to the public upon request.