Alamo Heights United Methodist Church Foundation Inc

San Antonio, TX   |  http://WWW.AHUMC.ORG

Mission

THE FOUNDATION WAS ORGANIZED TO RECEIVE ENDOWMENT GIFTS GIVEN IN SUPPORT OF ALAMO HEIGHTS UNITED METHODIST CHURCH (AHUMC), TO INVEST AND MANAGE THESE FUNDS, TO PROVIDE PERIODIC DISTRIBUTIONS TO AHUMC, AND TO ASSIST IN CARRYING OUT AHUMC'S MISSION.

Ruling year info

1977

Principal Officer

ROGER LIND

Main address

825 E Basse Rd

San Antonio, TX 78209 United States

EIN

74-1917834

NTEE code info

Protestant (X21)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

THE FOUNDATION SERVES TO SUPPORT THE MINISTRIES OF ALAMO HEIGHTS UNITED TEMPORARILY OR PERMANENTLY RESTRICTED CONTRIBUTIONS TO AHUMC AND SERVES AS CUSTODIAN FOR THESE FUNDS. THE FOUNDATION INVESTS THE FUNDS RECEIVED WITH THE TEXAS METHODIST FOUNDATION IN THEIR CHURCH LOAN FUND, AN INTEREST BEARING ACCOUNT, AND IN OTHER EQUITY SECURITIES. THE FOUNDATION PROVIDES ANNUAL DISTRIBUTIONS TO AHUMC FOR ITS OPERATING NEEDS.THROUGHOUT THE PANDEMIC, AND THE CHURCH'S RETURN TO NORMAL OPERATIONS, THE AHUMC FOUNDATION PROVIDED MAXIMUM FINANCIAL SUPPORT WHILE CONTINUING TO PRUDENTLY MANAGE THE ENDOWMENT.

Expenses
$300,000
Revenue
$0

THE FOUNDATION PROVIDES EDUCATION TO THE ALAMO HEIGHTS UNITED METHODIST CHURCH (AHUMC) CONGREGATION REGARDING PLANNED OR ENDOWMENT GIVING IN ADDITION TO ANNUAL REPORTING REGARDING THE FOUNDATION'S ACTIVITIES. THE AHUMC CONGREGATION IS ALSO OFFERED EDUCATION REGARDING THE BENEFITS OF ESTATE PLANNING AND WILLS.

Expenses
$12,488
Revenue
$0

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Financials

Alamo Heights United Methodist Church Foundation Inc
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Operations

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This organization has no recorded board members.