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Mission Statement
The Indiana Area Foundation of the
United Methodist Church seeks to fulfill God's mission by promoting missional
giving among local churches and their membership and by administering,
investing, and distributing funds for missional causes and outreach ministries
in the name of Jesus Christ through the United Methodist Church locally and
throughout the world.
Vision
The Foundation seeks to encourage
persons to grow spiritually by appropriate acts and gifts of love that will have
both an immediate impact and a positive benefit and influence on future
generations.
It helps people love and trust those
things in the future that they have valued and given themselves to in the past,
thereby discovering the joy of giving and deep appreciation of philanthropy
beyond what they thought they could do for a share in Christ's mission.
The Foundation looks to the future by
committing itself to growing and an ever-larger involvement in the Church's
outreach and global witness. To this end, it will create corporate and
individually directed trusts which support missional programs that have specific
focus and wide appeal, and that are encouraged and planned with appropriate
energy and resources.
Foundation Assets
As of December 31, 2007, the
Foundation has over 1.75 million in net assets, inclusive of charitable remainder
and individual trusts, and unrestricted and board designated funds. Funds are
pooled and allocated among seven managers for investment purposes. A national
brokerage firm, Salomon Smith Barney, serves as the Foundation's Investment
Broker/Consultant/Administrator. A local CPA firm, Larry E. Nunn and Associates Inc. provides monthly financial accounting and reporting
services and performs as annual independent audit.
Management and Governance
The Foundation employs the services
of a part-time Executive Director who administers the day-to-day operations
through the policies and guidance of a 21-member Board of Directors, consisting
of the Bishop of the Indiana Area, his Executive Assistant, the Executive
Director of the Corporation, seven lay persons of the South Indiana Conference,
seven lay persons of the North Indiana Conference, and four lay persons
at-large.
Rev. James E. Gentry, Executive
Director, can be reached at 1100 W. 42nd Street, Suite 210, Indianapolis, IN
46208 or 317-924-1321 or e-mail address
jgentry@inareaumc.org.
Program Emphases
A program ministry of the Indiana
Area of the United Methodist Church, Operation Classroom was founded by Bob
Bowman and John Shettle in 1987, Lay Leaders of the South and North Indiana
Conferences respectively, with the administrative assistance and support of
Bishop Leroy C. Hodapp and his Executive Assistant, Dr. Marcus J. Blaising. From
its inception, the Indiana Area Foundation has been a conduit and source of
funds for this ministry of upgrading United Methodist secondary education in
Liberia and Sierra Leone.
From its earlier roots, Operation
Doctor has become an Indiana Area medical mission in Liberia and Sierra Leone,
West Africa. This program ministry was recreated for Indiana United Methodists
in response to the invitation of the Sierra Leone and Liberia Annual Conferences
of the United Methodist Church to jointly develop an interactive medical mission
program to help meet the public health needs of West Africa. Current focus is
the UMC Kissy Urban Maternity and Health Center in Freetown, Sierra Leone, and
the Ganta United Methodist Hospital, Ganta, Liberia.
Established by the Foundation's Board
of Directors in 2001 in response to vision of Bishop Woodie W. White, it is the
goal that every new pastor entering the Order of Elder or Order of Deacon within
the North and South Indiana Annual Conferences will receive the gift of journey
to the Holy Land or other approved trips (Wesley Heritage Tour or Journeys of
Paul), in accompaniment of the resident Bishop, as a capstone to their formal
education and preparation for full-time ministry. A $100,000 unrestricted
bequest received from the estate of H. Wilber Hardacre has been directed by the
Board in support of this new program. Monies debited to this trust represent
contributions of individuals and churches throughout the Indiana Area. To date,
61 ordinands have accompanied the Bishop on one of three approved trips.
Forty-two ordinands are eligible to accompany Bishop Michael J. Coyner on the
next scheduled trip to the Holy Land in February 2009.
Earnings from investment of the
assets of individual trusts are used to fund grants made by the Indiana Area
Foundation. A listing of individual trusts and their designated purposes is
provided elsewhere under this web site. The earnings from unrestricted assets
supplement those from individual trusts and are used primarily to fund grant
requests in the area of missions and higher education scholarships.
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