2026-05-28T17:18:58-07:00 2025-12-31 990 2025-01-01 237258100 UNITED METHODIST FOUNDATION OF INDIANA INC UNIT 3177887879 8401 Fishers Center Drive Fishers IN 46038 Christopher Jacobs Controller 3177887879 2026-05-15 2025 2025-03-06 01:10:19Z HEARTLAND METHODIST FOUNDATION INC D Manet Shettle 8401 Fishers Center Drive Fishers IN 46038 2583145 0 X www.hm-foundation.org X 1962 IN Resourcing the mission and ministry of United Methodist and other Wesleyan-based churches in Indiana through stewardship. 18 18 10 38 0 0 355574 801334 1228674 1250444 562521 514351 3350 17016 2150119 2583145 1427613 1259316 0 0 987679 1064116 0 0 4694 479444 436419 2894736 2759851 -744617 -176706 103888802 108357248 77201465 78674999 26687337 29682249 Resourcing mission and ministry of United Methodist and other Weslyan-based churches in Indiana through stewardship development. 0 0 331386 0 707958 The first program is General Services. The Foundation serves United Methodist and other Wesleyan-based churches, agencies, and members in the following ways: It provides investment management services to local churches, agencies, and boards. It assists local churches in developing, promoting, and managing their endowment programs. It provides educational seminars on stewardship, planned giving, estate planning, capital campaigns, and related subjects. It provides administrative services for donors making deferred gifts to their church or a church related mission or ministry. 1259316 878718 4518201 The second program area is legacy grants. The Foundation acts as trustee and administers funds for the benefit of local churches and church related ministries and missions. It manages and administers endowment funds of the Foundation and distributes earnings. It evaluates grant requests, selects qualified recipients, and makes disbursements to qualified recipients. In general it supports the church's evangelical and social service programs, aims, and purposes of the United Methodist denomination in Indiana. 141798 0 528604 The third program is the Loan and Savings Ministry. The Loan and Savings Ministry provides funding to United Methodist and other Wesleyan-based churches and agencies in Indiana to purchase, build, or repair projects related to their church buildings and parsonages. 0 0 0 1732500 1 1 0 0 0 1 0 0 1 1 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 24 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X D Manet Shettle 3177887879 8401 Fishers Center Drive Fishers IN 46038 D Manet Shettle President 40 X 166083 0 37722 Christopher Jacobs Controller 40 X 107756 0 19260 Ed Armantrout Director 0.5 0 X 0 0 0 Megan Blaising Director 0.5 0 X 0 0 0 John Clay Director 0.5 0 X 0 0 0 Gretchen Colon Director 0.5 0 X 0 0 0 Curt Edmondson Director 0.5 0 X 0 0 0 Tara Hendrey Director 0.5 0 X 0 0 0 Corey Herrin Director 0.5 0 X 0 0 0 Lakisha Edwards Director 0.5 0 X 0 0 0 Kathy Parkison Director 0.5 0 X 0 0 0 Larry Price Director 0.5 0 X 0 0 0 Larna Spearman Director 0.5 0 X 0 0 0 Lee White Director 0.5 0 X 0 0 0 Larry Whitehead Director 0.5 0 X 0 0 0 George Wild Director 0.5 0 X 0 0 0 Jeff Lorentson Chair 1 X 0 0 0 Shalimar Holderly Vice Chair 1 X 0 0 0 Chris Lantz Director 1 X 0 0 0 Karla Elliott Director 1 X 0 0 0 273839 0 56982 2 0 1 0 0 0 0 0 0 0 801334 0 801334 Management Fees 900099 869560 869560 0 0 Net Interest Income from Mortgage Notes 900099 380884 380884 0 0 0 0 0 0 1250444 514351 514351 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17016 17016 0 0 17016 2583145 1781811 0 0 919663 919663 339653 339653 0 0 0 0 166083 65088 100497 498 0 0 0 0 725011 241429 480050 3532 73200 28255 44652 293 48879 18867 29845 167 50943 19664 31075 204 0 0 0 0 17806 8369 9437 0 58475 27483 30992 0 0 0 0 0 0 0 53509 0 53509 0 11855 5572 6283 0 6257 0 6257 0 41539 5815 35724 0 69701 9758 59943 0 0 0 0 0 80163 11223 68940 0 25612 3586 22026 0 0 0 0 0 9134 1279 7855 0 0 0 0 0 0 0 0 0 12313 0 12313 0 2850 0 2850 0 47205 26796 20409 0 2759851 1732500 1022657 4694 441591 432351 0 0 0 0 9590 24880 0 0 0 0 17916176 12882736 0 0 161796 77458 167403 160528 19188 6875 0 0 58782128 62441554 26558333 32491394 0 0 0 0 103888802 108357248 502627 54461 0 0 0 0 0 0 57381681 61143002 0 0 0 0 0 0 19317157 17477536 77201465 78674999 X 5787130 6013736 20900207 23668513 26687337 29682249 103888802 108357248 -176706 3171618 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 0 26256 0 3670 0 756360 0 1 1 0 1 X 21609659 716002 3096498 728820 0 323331 24370008 20721059 335709 1579438 745965 0 280582 21609659 18942914 235533 2573099 751111 0 279376 20721059 23305681 188046 -3529299 699007 0 322507 18942914 22282229 242048 2344412 1233259 0 329749 23305681 0.0702 0.6319 0.2979 0 0 0 0 0 0 0 0 0 0 0 0 0 0 167403 160528 6875 0 0 0 0 6875 Funds held for others 61143002 F Funds held in trusts 1298552 F 62441554 Funds held for Donor Advised Funds 756360 F Funds held for endowed ministry purposes 24698823 F Funds held by Loan & Savings Ministry 5367612 F Funds held for ministry operations 1668599 F 32491394 0 Liabilities under unitrust agreement 420922 Annuities payable 503705 Deposits held with Loan & Savings Ministry 16552909 17477536 X 5754763 3202515 0 0 -30897 3171618 2583145 0 0 0 2583145 2759851 0 0 0 0 0 2759851 0 0 0 2759851 Schedule D, Part IV, Line 2b Funds held for others consists of agency funds of churches and Conference related entities held with the Foundation for management purposes. Schedule D, Part V, Line 4 Endowment funds are used to further the mission and ministry of the United Methodist Church and other Wesleyan-based churches in Indiana and to support and educate clergy and laity of these churches. Schedule D, Part X, Line 2 Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability if UMFI and the Loan Fund have taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the UMFI and the Loan Fund, and has concluded that as of December 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying consolidated financial statements. Schedule D, Part XI, Line 2d Change in value of annuities, trusts, and beneficial interests in trusts. 1 Acton United Methodist Church 5650 Senour Road Indianapolis IN 46239 356059507 501(c)(3) 6615 Various Church Programs Anderson First UMC 1215 Jackson Street Anderson IN 46016 350874263 501(c)(3) 9050 New HVAC system Bluffton First UMC 325 West Washington Street Bluffton IN 46714 356000384 501(c)(3) 6560 Support Mission Projects Brightwood Community Center 4062 E 34th St Indianapolis IN 46218 812204963 501(c)(3) 23287 Community Center Support Chapel Hill UMC 963 N Girls School Rd Indianapolis IN 46214 351107129 501(c)(3) 9050 Community Support Project Cicero UMC 100 East Jackson Street Cicero IN 46034 351575136 501(c)(3) 7550 Secruity Upgrades Columbia City UMC 605 Forest Parkway Columbia City IN 467251255 351130532 501(c)(3) 6696 Church Ministry Support Enright Foundational Ministries Inc 1919 Jackson Ln Port Orange FL 32128 593150545 501(c)(3) 6072 Paramedic Training Program, Vocational Training, Elementary School, & Pastor School Greenwood UMC 525 North Madison Avenue Greenwood IN 46142 356005585 501(c)(3) 30012 Children, Youth, or Missions Projects Hazleton Community Church Inc 114 S Main Street Hazelton IN 47640 863852877 501(c)(3) 11412 Unrestricted Church Support Indiana Annual Conference Inc 301 Pennsylvania Pkwy Suite 300 Indianapolis IN 46280 270264680 501(c)(3) 240230 Retired Ministers Health Insurance, Missions, & Bishops Christmas Offering Indiana United Methodist Children's Home Foundation Inc 9333 North Meridian Street Suite 222 Indianapolis IN 46260 470987110 501(c)(3) 164092 Nicoles CGA I -IV Payout Open Hearts Community Church Inc 1414 E National Ave Brazil IN 47834 393601681 501(c)(3) 6050 Sewer Pipe Repair Operation Classroom 13652 Flintridge Pass Carmel IN 46033 202128210 501(c)(3) 5797 Administrative Costs Seminary UMC 285 N Seminary St Roanoke IN 46783 351518365 501(c)(3) 9050 HVAC Replacement St Mark's UMC 502 North Main Street Goshen IN 46528 351511229 501(c)(3) 18991 Church Ministry Support The Garden Community Church 7171 Pennsylvania St Indianapolis IN 46240 475409174 501(c)(3) 7076 Church Development Trinity UMC (Warsaw) 832 East Center Street Warsaw IN 46580 350883498 501(c)(3) 8175 Unrestricted Church Support United Methodist Youth Home 2521 N Burkhardt Rd Evansville IN 47715 310951608 501(c)(3) 8109 Ministry Support| Health & Wellness Building Yorktown Methodist Church PO Box 217 Yorktown IN 47396 351365693 501(c)(3) 18595 Missions, Evangelism, Education Support 20 0 Ministers Aid Retiree Emergencies 9 53175 0 Gift Annuities 23 71028 0 Charitable Remainder Trust Distributions 5 61790 0 Mission Trip Assistance 23 10000 0 Seminary Scholarships 18 71048 0 Seminary Student Loan Debt Reduction 7 37797 0 Undergraduate Scholarships 17 34816 0 Schedule I, Part I, Line 2 Submitted grant applications are reviewed by a committee and recipients are selected based on criteria established by the Foundation. The Foundation requests grant recipients submit a report subsequent to completion of the project or mission receiving funding to monitor the use of funds. X 0 0 0 0 0 0 0 0 0 D Manet Shettle President 166083 0 0 0 0 0 15775 0 21947 0 203805 0 0 0 Karla Elliott Director 5971 Grant Seminary Debt Reduction Form 990, Part VI, Section B, Line 11b The Form 990 was distributed electronically to all current board members. It will be reviewed and discussed at the subsequent meetings of both the Finance & Operations Committee and the Board of Directors. Form 990, Part VI, Section B, Line 12c The board requires all board members to complete a conflict of interest statement annually. These statements are available to the Executive Committee of the board and are reviewed by the President for any undisclosed conflicts of which they are aware or any new conflicts that should be presented to the Executive Committee for review and determination of action. Form 990, Part VI, Section B, Line 15 The President's compensation package is established by review and approval of the Board of Directors' Executive Committee. An evaluation of the President is completed, and the salary is established based on the evaluation of comparable salaries for similar sized United Methodist foundations in the United States. All actions are documented in the minutes of the Executive Committee. This was last completed in December 2025. Form 990, Part VI, Section C, Line 19 Abbreviated financial information is provided in an annual report distributed to all current and recently disaffiliated United Methodist congregations in Indiana. Additionally all policies, governing documents, and summarized financial statements are available upon request. IN Loan and Savings Ministry LLC dba Heartland Methodist Foundation LLC 8401 Fishers Center Drive Fishers IN 46038 352134383 Loaning funds to churches and agencies in Indiana IN 528603 18506210 United Methodist Foundation of Indiana Inc