Fact-sheet-web

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