That should not be the case, writes Rev. Dr. P. Glenn Kinken, III, the Foundation’s Financial Practices Team Leader. An audit is the definitive report card on an institution’s handling of its own finances and the resources of its clients.
Independent auditors at Foard and Company have given (graded, if you will) the Foundation’s financial stewardship the highest rating (an unqualified opinion). This signifies that the handling and accounting of the Foundation’s and its clients’ resources is done responsibly and with the utmost integrity (one of the Foundation’s core values).
Pictured above are members of the financial services team (from left) Andrea Gutierrez, Brad Crossley, Amanda Goedert and Donna Johnson.
United Methodism is founded on accountability. In today’s world, it is probably more important than ever. People want to know institutions are keeping watch over gifts given for the glory of God.
Constituents used terms such as “trustworthy” and “best interest of others” to describe what comes to mind when they think of the Foundation. Those responses were shared in listening sessions last year as part of a strategic visioning process to identify needs and priorities.
Prospective and current clients weighing the overall advantages of investing with the Foundation can take comfort in knowing that the staff and leadership take their fiduciary responsibility seriously and work diligently to maintain financial integrity.
Just as importantly, a clean bill of health each year since our inception enables the Foundation to make a positive difference in the lives of those we serve.
Above: Rev. Dr. P. Glenn Kinken, III (left) is joined on stage by Foundation staff and leaders during the Annual Meeting of the Membership in Stuart Auditorium.
Board welcomes new class, give thanks for continued growth
Board members welcomed three new members, gave thanks for continued investment growth and previewed initiatives for the second half of the year.
Celebrating 25 years of Reynolds Program in Church Leadership
The Foundation will celebrate this milestone in a special way -- by lifting up stories of lives changed and Kingdom-building enabled.
With lower threshold, church loans serve wider range of needs
Church loans are now available for as low as $50,000, a change that enables the Foundation's UMF Development Fund Loan Program to better respond to the needs of those it serves.