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Ministries of the United Methodist Foundation of Arkansas Summer 2008 Local church leaders learn how to make endowment funds bloom More than 30 lay leaders and clergy from 18 pated or to fund church programming and missions close churches throughout Arkansas met with United to their hearts on a permanent basis. Methodist Foundation of Arkansas staff in Hot Springs “I understood more about the nature of a generous gift May 9-10 to learn how to make their local church our church received by going to the seminar in Hot endowment funds grow. Springs,” said Brian Ratcliff of First UMC, El Dorado. “I “It was a very helpful seminar and very well done. didn’t realize that the The materials I received will help me make presentations value of our $1 million at my church,” said endowment will continue Gwynne Hinterthuer of to grow, as will the yearly First UMC, North Little amount our church Rock. “The accommodareceives. It helped me tions and enjoyable spare appreciate the importance time activities were great.” of endowments.” Those Don Johnson and Skip Holland of Hot Keynote speaker David who attended the seminar Springs Battles, executive vice learned the value of how the fund can inspire others and president of the Oklahoma enhance ministry in their church. David Battles of the Oklahoma United United Methodist The need for a part-time or full-time staff member to Methodist Foundation Foundation, presented spetake on the tasks of building relationships and promoting cific examples of strategies local churches have used to a local church endowment was discussed at length by grow endowment funds. He also talked about missed those attending the conference. Many participants were opportunities that occur when members don’t have determined to take the idea back to their churches as a enough information. way to grow their funds and expand church ministries. “Many people are not aware that the opportunity On Saturday, the group visited Garvan Woodland exists for bequests and other endowment gifts to their Gardens in Hot Springs for a guided tour of the property local churches. Others have an idea it is possible, but by Outback Jack, a master gardener who made a 90don’t know how to begin,” Battles said. “It is important minute trek seem like a short walk, with insights on plant to keep the opportunity for giving life, buildings and landscaping. After in front of the congregation so that a box lunch, the participants hit the when the time is right, they have road back to their churches with new the information they need to make information and new contacts to help this type of gift.” their endowments “bloom.” The endowment gift is a third “I came to the conference thinkcategory of giving in addition to ing that establishing or improving Helen Herr and Brad Jordan of Little Rock, Barbara and Bill annual budget and capital camyour church’s endowment can be Miller of Texarkana paign giving, Battles explained. very complicated, but David and It doesn’t take the place of either the Foundation broke it down into a of those types of giving, rather it simple action plan that got everyone serves a completely different there excited about going back and purpose. It allows members to sharing what we learned with our fund future needs of their local church,” said Bert Kell of Central Karen and Brian Ratcliff of El Dorado, Mark and Gwynne UMC, Rogers. churches that haven’t been anticiHinterthuer of North Little Rock UMFA helps Carl Crow help his clients UMFA Board Member and attorney Carl A. Crow Jr. of Hot Springs uses the resources of the Foundation when his clients want to direct funds to their local United Methodist church or other Arkansas Conference ministries. “When I talk to my clients about estate planning, the primary issue is to determine what the client wants to do, then get it done,” Carl said. “The United Methodist Foundation Carl Crow is perfectly suited for this process. It exists to assure clients that gift assets will be wisely managed and safeguarded. And the Foundation has extremely competitive fees compared to corporate trustees.” A five-year board member of the Foundation, Carl became involved because UMFA President Jim Argue was a friend from Hendrix College. Carl is a member of the Board of Trustees and the Endowment Foundation Board at First United Methodist Church in Hot Springs. Carl says it’s the greatest feeling in the world when clients come to him and express their wish to make a bequest to their church or another United Methodist ministry or institution. “I know the assets will be appropriately administered for the care of the church and the person can place whatever restrictions wanted — they might decide to put the money toward music ministry or for the benefit of youth of their church,” he said. He characterized the staff at the Foundation as eager to help and very professional. “The work product is excellent and they are prompt, thorough and reliable,” he said. Carl believes the work of UMFA frees the church staff from burdensome administration, provides professional management of the endowment funds and allows the donor or the church to direct the assets according to their preferences. Faith in action: Clergy Spouse Retreat Clergy spouses got practical, entertaining suggestions from Dr. Mackie Norris, a clergy spouse with a health education background, at the Arkansas Conference Clergy Spouse Retreat in April. The retreat, funded by the United Methodist Foundation of Arkansas, is a ministry of renewal and revitalization for spouses of clergy. “We know clergy spouses play a vital role in the ministry of the church,” said Foundation President Jim Argue, “and we were pleased to offer this grant to support them.” “This was the first year we had a diverse group, and that greatly added to the participation and perspectives shared,” said Sandra Haustein of the Clergy Spouses Retreat Planning Committee. A total of 31 clergy spouses represented all areas of the state, including both men and women, African American and Caucasian. Mission Statement SEND US YOUR EMAIL ADDRESS The mission of the United Methodist Foundation of Arkansas is to create and administer permanent charitable endowment funds to strengthen and expand United Methodist ministry in Arkansas. We would like to email you our newsletter. Send your email address to: [email protected] The United Methodist Foundation of Arkansas Jim Argue Jr., President/CEO Bill Webster, Vice President Roger Bryles, Vice President/CFO Janet Kernodle Marshall, Vice President Linda Orell, Accountant Brenda Pagan, Administrative Assistant 5300 Evergreen Drive Little Rock, Arkansas 72205 phone (501) 664-8632 toll free (866) 281-8914 fax (501) 664-6792 website: www.umfa.org Legacies is published by the United Methodist Foundation of Arkansas solely for educational purposes. It is not intended to offer legal or tax advisory services. For advice and assistance in specific cases, the services of a qualified professional advisor are recommended. (c) 2008 United Methodist Foundation of Arkansas Inc. UMFA Board Members W.E. “Buddy” Arnold North Little Rock United Methodist Foundation of Arkansas 5300 Evergreen Drive Little Rock, Arkansas 72205 (501) 664-8632 Charles H. Blanchard Russellville Allen J. Bush Non-Profit Org. U.S. Postage Paid Little Rock, AR Address Service Requested Permit #2297 Blytheville Richard C. Butler Jr. Little Rock Earl Carter North Little Rock Daryl Coker Little Rock Robert Crossman Conway Carl Crow Jr. Hot Springs Beth Deere Little Rock Sam Gibson Benton Pam Harris Little Rock Mary Ellen Jesson Fort Smith Chester Jones Hot Springs Walter Kimbrough Little Rock Hugh R. Kincaid Fayetteville Stark Ligon Little Rock C.E. McAdoo Hot Springs Village Herschel McClurkin Alma Michael Mattox Little Rock Jack Meadows Fayetteville Maurice Mitchell Little Rock Joyce Peck Little Rock Peggy Polk Paragould Raye Rogers Batesville Stacy Sells Little Rock Susan Skillen Wynne Dewitt Smith Bella Vista Sandy Smith Little Rock John F. Stroud Jr. Texarkana Ex-Officio Members Bishop Charles N. Crutchfield Little Rock Todd Burris Conway Roy P. Smith Little Rock Clefton Vaughan Little Rock James B. Argue Jr. Little Rock Roger K. Bryles Little Rock Board member spotlight: Joyce Peck sees UMFA as resource for wise investments Joyce Peck continues her long-time service on the UMFA Board because she is committed to the Foundation’s role as a resource for wise investments and as a grant maker to Conference ministries. “The Foundation just gets better and bigger each year,” Joyce said. “I’ve met some of the nicest Methodists from throughout the state on the board, people who Joyce Peck are interested in doing the work of the Church. Jim Argue, Janet Marshall and all the staff do just a great job.” Joyce became a member of the board at the suggestion of her late husband, Cliff, who had been a UMFA Board member for many years. She and Cliff were instrumental in founding St. James United Methodist Church in Little Rock in1969. Joyce says that many of her closest friends attend St. James, where she’s served on numerous committees and was president of UMW for several years. Two children – a daughter who owns a Honda dealership in Jackson, Mississippi, and a son who is a veterinarian in Ferndale – have given Joyce five grandchildren. Luckily, she sees both sets of grandchildren often, and she plans to split her time between Jackson and Little Rock after recently selling her farm. Joyce is on the Internal Review Board at the University of Arkansas for Medical Sciences and an active member of Chapter C of PEO, an organization dedicated to education for women. She served three times as president of the PEO chapter and is active in its efforts to provide scholarships, grants and loans to women. FOUNDATION ❖ NEWS New Board member welcomed physical or development disabilities by providing year-round camping and recreational opportunities. Dr. Walter Kimbrough, President of Philander Smith College in Little Rock, became the Meredith O’Hara wins award newest member of the Board at the Foundation’s May meeting. Dr. Arkansas Conference Child Care Kimbrough is one of the youngest Liaison Project Director Meredith college presidents in the nation and Board members (from left) Chester Jones, Dewitt Smith, O’Hara was named an Outstanding Walter Kimbrough, Jim Argue and Buddy Arnold is the son of Rev. Walter L. Early Childhood Professional by the Kimbrough, pastor emeritus of Cascade United Methodist Arkansas Department of Human Services in April. The Church in Atlanta, and Marjorie L. Kimbrough, author Child Care Liaison project receives funding from UMFA. and lecturer. He and his wife, Adria, have a daughter, We’re proud to be part of Meredith’s hard work to Lydia, and are members of Wesley Chapel UMC, Little improve child care ministries. Rock. We welcome Dr. Kimbrough and look forward to benefitting from his leadership as we serve the Church. Foundation stays on the road Meeting with United Methodist groups to provide information and resources to United Methodists all over Arkansas is part of the way England First UMC the Foundation staff works to accomplish their mission. Recent journeys include trips to All Souls Church, Scott; First UMC, England, Forrest City, Rogers and Siloam Springs; Mount Sequoyah Conference and Retreat Center, Fayetteville; Med Camps Inc. Board of Directors meeting at Camp Aldersgate in Little Rock; and Trinity UMC, Little Rock. Nonprofit Organization of the Year Congratulations to Camp Aldersgate, named Nonprofit Organization of the Year at the Arkansas Business of the Year Awards in February. UMFA has been a long-time supporter of the Camp in west Little Rock and recently made an additional grant to help the Camp complete its match and receive a substantial grant from the Donald W. Reynolds Foundation. Aldersgate enriches the lives of families with children with medical, Siloam Springs First UMC Trinity UMC, Little Rock Ready for Annual Conference Roger Bryles (First UMC, Little Rock) and Janet Marshall (St. James UMC, Little Rock) served their churches as lay members to the Arkansas UMC Annual Conference in Hot Springs on June 8-11. Jim Argue also served as a lay member representing the Central District. Attendees to Annual Conference received canvas tote bags compliments of the Foundation. We are pleased to provide these gifts for the second year to about 1,200 pastors and laity. Board member retires Nick Margrave, formerly of Camden, now a resident of Texarkana, Texas, joined the UMFA board in the spring of 1993 and retired at its May meeting. We so appreciate his 15 years of dedication and service. “Nick and Martha have been enthusiastic and generous supporters of the Foundation, always faithful in their attendance,” said Jim Argue. “Everyone will miss their gracious, smiling spirits.” Rogers First UMC