August, 2024 Newsletter

Understanding Annuities

David Bell, President and Executive Director

As stewards of their congregations’ financial health, church leaders often navigate complex decisions regarding value-aligned investments and financial planning. One such decision involves the misguided consideration of index or variable annuities for churches. Insurance annuities are sometimes misrepresented as a viable option for securing future church income. However, it’s crucial to understand why annuities do not align with the financial principles of a church. Read More

Dollars for Scholars Matching Awards

for 2024-25 Academic Year

The United Methodist Foundation of Michigan is delighted to announce its matching UM Dollars for Scholars Awards for the 2024-2025 academic year. This initiative aims to support students pursuing undergraduate and graduate degrees at United Methodist-related colleges and universities through collaborative financial assistance. The following students are this year’s recipients:

Carly Fraser – Albion First United Methodist Church

Katherine Haar – Clarkston United Methodist Church

Chalondra Jewell – Southfield Hope United Methodist Church

Allison Mayo-Moyle – Clarkston United Methodist Church

Zach McNees – Chapel Hill United Methodist Church

Kayla Meredith – Wyoming Park United Methodist Church

The UM Dollars for Scholars program is a joint effort involving generous contributions from participating churches, the United Methodist Higher Education Foundation (UMHEF), United Methodist-related schools, and United Methodist Foundations. This coordinated effort ensures that eligible students receive substantial financial support to further their educational pursuits.

“We are excited to continue our tradition of supporting higher education within our community through the UM Dollars for Scholars Matching Awards,” said Rev. Dr. David S. Bell, President & Executive Director of the Foundation. “These scholarships not only alleviate financial burdens but also strengthen our bonds with local churches and demonstrate our commitment to supporting congregations.” Read More

Flint Bethel UMC

Recognized with a

Wayne C. Barrett Steward Leader Award

Flint Bethel UMC, a cornerstone of the community for over a century, has been dedicated to serving those in need through a range of essential services. From providing clothing and diapers for children to supporting homeless facilities and offering valuable community resources, their mission revolves around compassion and assistance.

The operation of the help center facility, underscores their commitment to those in need. Having received accolades from esteemed institutions like the City of Flint, State of Michigan, Flint Housing Commission, and the Community Development Corporation, they are steadfast in the pursuit of excellence and community service.

Congratulations to Flint Bethel UMC in being named a Wayne C. Barrett Steward Award Leader!

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