2024-11-12T12:39:23-05:00 2023-12-31 990 2023-01-01 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 2024-11-12 2023 2024-10-15 13:58:12Z Rev J Wayne Clark 601 Wellington Village Rd LITTLE ROCK AR 722112294 8965974 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 3936130 2824014 828035 1177604 3543205 2028936 0 0 8307370 6030554 1879989 1676628 0 0 1137443 1245282 0 0 385961 600721 683275 3618153 3605185 4689217 2425369 198653001 217049129 104490177 112479188 94162824 104569941 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 317109 317109 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. 195655 195655 0 Provided funds to the University of Arkansas for Medical Sciences specifically for their 12th Street Clinic in suport of their commitment to improving the health and well-being of the surrounding community. The Clinic serves as a model for future community efforts to improve health. 105000 105000 105000 Provided funds to Philander Smith University an HBCU sponsored by the United Methodist Church in support of its efforts to provide a quality education for all regardless of race religion sex national origin or ethnic background. 1058864 1058864 0 Provided funds to various nonprofit entities in an effort to strengthen and expand the relevance of the Methodist Church in Arkansas by providing financial assistance and support for innovative and creative ministries. 1058864 1058864 0 1676628 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 false 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 Andrea Cummings 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 Rev JJ Galloway Board of directors 0.00 0.00 X 0 0 0 Mr Sam Gibson Board of directors - Chairperson 5.00 0.00 X X 0 0 0 Rev Phil Hathcock Board of directors - secretary 0.00 0.00 X 0 0 0 Mr Bert Kell Board of directors - vice chairperson 0.00 0.00 X 0 0 0 Mr Bill Kincaid Board of directors 0.00 0.00 X 0 0 0 Mr Eddie Martin Board of directors 0.00 0.00 X 0 0 0 Rev Ronnie Miller-Yow Board of directors 0.00 0.00 X 0 0 0 Mr Gary Nutter Board of directors 0.00 0.00 X 0 0 0 Ms Loria Oliver 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 Rev Judy Rudd 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 Eddie Walker Board of directors 0.00 0.00 X 0 0 0 Dr Calvin White Board of directors 0.00 0.00 X 0 0 0 Rev J Wayne Clark President and CEO 40.00 0.00 X X 212100 0 39724 Mr Clarence E Trice Senior Vice President and CFO 40.00 0.00 X X 166000 0 34424 Rev Lynn Kilbournte Director of Development 40.00 0.00 X 106100 0 19040 484200 0 93188 3 false true false 0 0 0 0 0 2824014 9124 2824014 Account service fees 813211 1177604 1177604 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1177604 1114358 0 0 1114358 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3849998 0 2935420 0 914578 0 914578 0 0 914578 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 6030554 1177604 0 2028936 1489628 1489628 187000 187000 0 0 0 0 484200 0 383200 101000 0 0 0 0 497633 0 412133 85500 113556 0 90564 22992 81814 0 67248 14566 68079 0 53812 14267 0 0 0 0 5763 0 5763 0 15750 0 15750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 151943 0 75971 75972 45119 0 45119 0 82055 0 57439 24616 0 0 0 0 120453 0 120453 0 70572 0 23524 47048 0 0 0 0 17526 0 17526 0 654 0 654 0 0 0 0 0 129263 0 129263 0 12550 0 12550 0 Dues 8190 0 8190 0 Postage 8996 0 8996 0 Newsletter 14441 0 14441 0 0 0 0 0 0 0 0 0 3605185 1676628 1542596 385961 0 0 0 0 0 0 8292560 6775123 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4060678 638430 3511230 3422248 185614505 205641755 0 0 0 0 0 0 1234706 1210003 198653001 217049129 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 104490177 112479188 104490177 112479188 X 5967785 5772743 88195039 98797198 94162824 104569941 198653001 217049129 2425369 10821244 0 0 0 -2839496 X false true X true false X 1051787 1666356 3138717 3936130 2824014 12617004 0 0 0 0 0 0 0 0 0 0 0 0 1051787 1666356 3138717 3936130 2824014 12617004 4027485 8589519 2573556 676163 667703 983900 1114358 6015680 0 0 0 0 0 0 978225 1040941 1280888 828035 1177604 5305693 23938377 0.3588 0.3359 X Part II - Line 10 | Year:, Amount:, Description:| 2019, 978225, Line 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| 2023, 1177604Line 10 represents account service fees| RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 0 3354 0 106900 0 543565 0 true true 83384372 1933305 12317189 -3990423 0 0 93644443 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 0.3527 0.6473 0 false false 0 650711 650711 0 3001345 387494 2613851 0 0 0 0 0 347922 241354 106568 0 60700 9582 51118 3422248 Charitable gift annuity reserve 2854594 Agency obligations 109594709 Due to churches and institutions 29885 112479188 X 0 0 6030554 6030554 6030554 0 0 3605185 3605185 3605185 Part V, line 4 The intended uses of all Foundation endowment funds is to promote the ministries of the United Methodist Chuch within the state of Arkansas. Part I to XII | PartandLinenumber:,Explanation:| Part X Line 2,The Foundation evaluates all tax positions and believes its tax positions would be sustained upon examination.| Part XI Line 4,Line 4b - The financial audit of the Foundation is limited in scope to its assets liabilities and net assets.| Part XII Line 4,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 Gatson Bates Dr Little Rock AR 72202 710554172 501(c)(3) 317109 0 Book None Religious UAMS 12th Street Medical Clinic 4301 West Markham Little Rock AR 72205 716056774 501(c)(3) 195655 0 Book None Religious Philander Smith University 900 Daisy Gatson Bates DR Little Rock AR 72202 710239729 501(c)(3) 105000 0 Book None Religious Hendrix College 1600 Washington Ave Conway AR 72032 710236897 501(c)(3) 85000 0 Book None Religious Children s Protection Center PO Box 165815 LIttle Rock AR 72216 261086937 501(c)(3) 52000 0 Book None Religious Arkansas Food Bank 4301 West 65th Street Little Rock AR 72209 710596734 501(c)(3) 50000 0 Book None Religious Habitat for Humanity 6700 South University Ave Little Rock AR 72209 710679937 501(c)(3) 40000 0 Book None Religious Dollars for Scholars PO Box 340005 Nashville TN 37203 237077869 501(c)(3) 37000 0 Book None Religious Life Skills for Youth PO Box 4278 Little Rock AR 72214 205723732 501(c)(3) 36000 0 Book None Religious Parents Left Behind PO Box 10795 Fayetteville AR 72703 823456670 501(c)(3) 35000 0 Book None Religious Methodist Family Health 1600 Aldersgate Road Little Rock AR 72205 020701562 501(c)(3) 32500 0 Book None Religious Mt Eagle Retreat Center 935 Beal Road Clinton AR 72031 275292009 501(c)(3) 30800 0 Book None Religious Camp Tanako 4301 Hwy 290 Hot Springs AR 71913 710286073 501(c)(3) 30000 0 Book None Religious Well Fed 7123 Interstate 30 Little Rock AR 72209 853767548 501(c)(3) 27000 0 Book None Religious Methodist Health Family Living 1915 South 74th Street Fort Smith AR 72903 710312652 501(c)(3) 25000 0 Book None Religious Shepherd s Hope Free Clinic 2404 South Tyler Little Rock AR 72204 208811505 501(c)(3) 25000 0 Book None Religious Imagination Library 401 Scott Street Little Rocik AR 72201 821620090 501(c)(3) 25000 0 Book None Religious For the Love 2615 NW A Street Bentonville AR 72712 861647666 501(c)(3) 24000 0 Book None Religious Arkansas Advocates for Youth and Family 1400 West Markham Little Rock AR 72201 710492205 501(c)(3) 23000 0 Book None Religious Pulaski Heights UMC 48523 Woodlawn Little Rock AR 72221 710236911 501(c)(3) 22500 0 Book None Religious AR Kids Read PO Box 22701 LIttle Rodk AR 72221 461477513 501(c)(3) 20000 0 Book None Religious Micah 6 8 307 W Elm Street Rogers AR 72756 832172702 501(c)(3) 20000 0 Book None Religious NWA Children s Shelter 14100 Vaughn Road Bentonville AR 72712 581984893 501(c)(3) 20000 0 Book None Religious Ozark Mission Project PO Box 26525 Little Rock AR 72221 710763942 501(c)(3) 20000 0 Book None Religious Caleb s Call 301 Church Drive White Hall AR 71602 922580336 501(c)(3) 19850 0 Book None Religious Camp Aldersgate 2000 Aldersgate Road Little Rock AR 72205 710265209 501(c)(3) 13850 0 Book None Religious Alzheimer s Arkansas 201 Markham Center Dr Little Rock AR 72205 710590114 501(c)(3) 10000 0 Book None Religious LRSD Tornado Relief 810 West Markham Little Rock AR 72201 716014717 501(c)(3) 10000 0 Book None Religious Wespath CFWI 1901 Chestnut Ave Glenview IL 60025 326320275 501(c)(3) 10000 0 Book None Religious River Valley Regional Foodbank 614 South Denver Ave Russellville AR 72801 471536412 501(c)(3) 9000 0 Book None Religious Soar NW Arkansas 922East Emma Ave Springdale AR 72764 851830208 501(c)(3) 5971 0 Book None Religious Storybook Project of Arkansas PO Box 26603 Little Rock AR 72211 473090554 501(c)(3) 5000 0 Book None Religious Daisy Bates House 1207 West 28th Street Little Rock AR 72206 710821741 501(c)(3) 5000 0 Book None Religious Our House PO Box 34155 Little Rock AR 72203 710653846 501(c)(3) 5000 0 Book None Religious 34 0 Seminary Scholarships 11 187000 0 Book n a Part I Line 2 Grant proposals are submitted for review of the Foundations 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 212100 0 0 0 0 0 25452 0 14272 0 251824 0 0 0 Mr Clarence E Trice Senior Vice President and CFO 166000 0 0 0 0 0 19920 0 14504 0 200424 0 0 0 Rev Lynn Kilbournte Director of Development 106100 0 0 0 0 0 12732 0 6308 0 125140 0 0 0 Part VI, Line 11b All schedules are prepared by the Foundations 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 review and approval. 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 Foundations staff closely monitors activity for the existence of potential conflicts which may arise. 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 Foundations Human Resources Committee which makes salary recommendations for approval by the Board of Directors. Part VI, Line 19 During 2023 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 XI, Line 9 | Description:, Explanation:, Amount:| Beneficiary distributions realized and unrealized gains losses and other activity of non-owned agency accounts., Line 9, $-2839496|