On January 25, the Foundation Board of Directors announced the retirement of Ted Soto from the Foundation and Development Company. Over the past three years, Ted has served the Foundation as Sr. Vice-President of Investing and Development and has assisted the organization during a tremendous period of growth and transition. He will be missed but […]
Many of us have been hearing about “The Way Forward” and the upcoming called General Conference. We’re all concerned and I want this article to be a neutral one that explains all sides. Please read it and understand that the opinions are those of the named individuals and no one will know how the 2019 […]
In Fall 2018, the Virginia United Methodist Foundation was met with a unique need. Basic UMC is a multi-cultural church that has been a Mission to the Poor Center since 2001. They literally open their doors to everyone and are servants to the community. District Superintendent, Dave Rochford, said this about Basic UMC and its […]
Trying to get a grip on 2019 finances is difficult at best. Terence Moll, chief strategist at Seven Investment Management, says that market volatility will continue. He thinks the world economy will be rather like it was in 2018. He thinks growth will be healthy, interest rates will drift upward and markets will be jumpy. […]
Finance Chairs are probably building their committee’s “To Do” list for 2019. Here is Part I of a lengthy list. Next month – getting down to business. Divide responsibilities! You simply can’t to all this yourself and you’ll burn yourself out if you try. Ask people to take responsibility for many of the items listed […]
We’re sometimes asked, “Does Socially Responsible Investing (SRI) really do or achieve anything?” The answer is a resounding yes! Several years ago two gentlemen found themselves at an airport waiting for the same flight. To the dismay of both of them, the flight was delayed several hours. They struck up a conversation and found they […]
A True Mission Church Rising Hope UMC started in 1995 when Rev. Keary Kincannon was appointed to make a difference to those in need. Rising Hope’s first location was the back of his car. He also met people in the woods, at laundromats and in low income housing projects. Keary remembers how they moved to […]
We are pleased to announce that the 2019 Foundation Grants awards were allocated at the December Board of Directors meeting of the Virginia United Methodist Foundation and the Virginia United Methodist Development Company. Based on the recommendation of the Grant Committee to the Foundation Board, twenty-six grants were awarded for a total of $81,200. The […]
I’m sure our Foundation investors were disappointed in the performance of their funds when they got their October statements. The November statements will generally reflect a very slight improvement, but as I write this on December 11th, both the Dow and S&P are about 3% below their November closes. Since their all-time highs in September, […]
In July, 2016, the Leadership Group at Powhatan United Methodist Church met to discuss a building plan and introduce the capital campaign vision to support a $1.8M construction project. Pastor John Hemming and his leadership team, led by Allen Minter and Betty Bowman, co-chairs of the building committee, began a two-year journey in navigating from […]
