Fact Sheet
Current Foundation Accounts | Number | Value as of 12/31/22 |
---|---|---|
Agencies | 29 | $2,909,001 |
Churches | 496 | $60,825,393 |
Endowments | 93 | $8,654,015 |
Districts | 42 | $17,556,119 |
Conference | 2 | $2,544,759 |
Foundation-controlled funds | 12 | $842,786 |
Total: | 674 | $93,332,073 |
Current Fee Schedule:
- Up to $200,000: 75 bps
- $200,001 to $500,000: 72 bps
- $500,001 to $1,000,000: 69 bps
- $1,000,001 to $2,000,000: 66 bps
- $2,000,001 to $3,500,000: 64 bps
- $3,500,001 to $5,000,000: 62 bps
- $5,000,001 to $6,500,000: 59 bps
- $6,500,001 to $8,000,000: 54 bps
- $8,000,001 to $10,000,000: 49 bps
- $10,000,001 and over: 44 bps
Merrill Lynch Global Institutional Consulting
Relationships | Assets | |
M/L Global Institutional Consulting | 36,784 | $215 Billion |
Non-Profit/Religious-Based (>$10MM) | 802 | $32 Billion |
Humphrey Kelly Group
A designated institutional investment consulting team with Merrill Lynch’s Global Institutional Consulting group with a focus on non-profit faith based organizations. The team consists of three global institutional consultants, one senior consultant, five analysts and advisors, and three admins with offices in both Louisville, Kentucky, and Albuquerque, New Mexico.
Humphrey-Kelly Group | Number | Assets |
Clients | 40 | $3.5 billion |
Non-Profit/Religious-Based | 30 | $2.2 billion |
Advisors for VUMF:
- Scott Kelly, Senior Vice President – 31 years experience
- Junaid Ahmad, Senior Vice President – 21 years experience
- Josh Nagel, Managing Director – 22 years experience
Other Methodist Foundations who are Merrill Lynch clients:
Kentucky, Indiana, Tennessee, Pennsylvania and Louisiana