SPOTLIGHT
Penn State Aftermath: Time to Review Fiduciary Responsibility
By David S. Bell
The recent events involving the abrupt dismissal of two Penn State leaders – Joe Paterno, the iconic head football coach, and Graham Spanier, the seasoned university president – should cause most non-profit leaders to review their own practices. Even as I write, I am certain that more news will be forthcoming from State College, Pennsylvania. I am not focusing on the particulars of the allegations that led to the sequence of successive events. However, I do note the uncanny connection between a few PowerPoint slides that I routinely discuss in a pastoral leadership seminar and the apparent unraveling of Penn State’s leaders. read more
Fund management, investments, and stewardship services to help individuals, churches, and other United Methodist ministries.
Investment Funds
We're proud of the financial history of our investments.The United Methodist Foundation of Michigan has now combined all funds into our newest fund option to best meet your financial investment needs. Keep in mind, our fund is unique in that if follows the socially responsible investment requirements according to the United Methodist Discipline. Learn more...
UMF Collective Investment Funds
of Michigan LLC
This investment option allows participants to select the desired mix of stock and fixed income investments by participating in a Stock Fund, Bond Fund and Money Market Investment Account. Participants may change their allocation between these funds as often as weekly or may select automatic annual rebalancing. Participants may increase their exposure to the equity markets by increasing their participation in the Stock Fund or, alternatively, reduce the anticipated volatility of the portfolio by reducing their equity exposure. The money market investment account also provides a place for funds requiring liquidity at all times. The Offering Circular below can be downloaded for more detailed information about the funds.
Offering Circular
Participant Application & Agreement Form
Authorization for Withdrawal and Deposit Form
Signature Certification Form
Financial Statement and Auditors' Report for the United Methodist Foundation of Michigan: 03/31/2011
Pooled Congregation Fund
The Pooled Congregation Fund of the United Methodist Foundation of Michigan was available to investors until late 2009. At that time, investments were transferred to our Collective Investment Fund & Collective Money Market Investment Account (see above). The fund performance history reported here is from 1995 through October 2009.
Questions?
We have compiled answers to common questions about the investment programs offered by the United Methodist Foundation of Michigan. Please review this information to learn more.
For more information about the investment funds of the United Methodist Foundation of Michigan, please contact us.
©2006-2012 The United Methodist Foundation of Michigan. All Rights Reserved This website does not attempt to make specific legal or tax advice. For advice on how to handle your individual situation, the services of a competent legal, tax, or financial planning professional should be obtained.