2016-09-01T09:50:55-05:00 2015-12-31 750786316 WEAVER AND TIDWELL LLP 2821 W 7TH STREET SUITE 700 FORT WORTH TX 76107 990 2015-01-01 756042162 FIRST METHODIST CHURCH OF FORT WORTH FOUNDATION INC FIRS 8173365698 750 W FIFTH STREET FORT WORTH TX 76102 LOU ANN BLAYLOCK PRESIDENT 8173365698 2016-08-25 1 HEIDI J DOLAN P00934271 8173327905 2015 2016-12-15 16:53:06Z SID JOHNSTON 750 W FIFTH STREET FORT WORTH TX 76102 20856706 0 X WWW.FMCFOUNDATION.ORG X 1964 TX TO PROVIDE FUNDS FOR FIRST UNITED METHODIST CHURCH OF FORT WORTH 12 12 2 19 0 0 308952 188354 0 0 2140143 1821247 1498160 879854 3947255 2889455 2192362 2084154 0 0 292019 294885 0 0 3732 618499 451316 3102880 2830355 844375 59100 57289288 55532728 243377 161960 57045911 55370768 X TO SOLICIT, RECEIVE, MAINTAIN AND PRESERVE (EITHER ABSOLUTELY OR IN TRUST) GIFTS AND BEQUESTS WHICH ARE INTENDED TO BENEFIT THE FIRST UNITED METHODIST CHURCH OF FORT WORTH. TO SUPPORT, BENEFIT, BE RESPONSIVE TO THE NEEDS OF, ASSIST IN CARRYING OUT THE PURPOSES OF AND TO PROMOTE THE MINISTRIES, PROGRAMS AND ACTIVITIES OF THE FIRST UNITED METHODIST CHURCH OF FORT WORTH. 0 0 2084154 2084154 SEE SCHEDULE O FOR NARRATIVE: 2084154 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SID JOHNSTON 8173395072 750 W FIFTH STREET FORT WORTH TX 76102 VERNON BRYANT DIRECTOR 1.00 X 0 0 0 BYRON R BAIRD DIRECTOR 1.00 X 0 0 0 JACK L BENSON DIRECTOR 1.00 X 0 0 0 LOU ANN BLAYLOCK DIRECTOR, PRESIDENT 1.00 X X 0 0 0 LEE BLOEMENDAL MD DIRECTOR, SECRETARY 1.00 X X 0 0 0 CHRIS CHOATE DIRECTOR 1.00 X 0 0 0 RICHARD DEBERRY DIRECTOR 1.00 X 0 0 0 BEVERLEE B HERD DIRECTOR 1.00 X 0 0 0 JOHN MADDUX DIRECTOR 1.00 X 0 0 0 HENRY B PAUP DIRECTOR, VICE PRESIDENT 1.00 X X 0 0 0 PAT HAYWARD PETRUSHKA DIRECTOR 1.00 X 0 0 0 WR BOB WATT JR DIRECTOR 1.00 X 0 0 0 SID JOHNSTON EXECUTIVE DIRECTOR 50.00 X 173075 0 36993 173075 0 36993 1 0 1 0 LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE ST SUITE 1600 FORT WORTH TX 76102 INVESTMENT ADVISOR 225625 1 188354 188354 1044946 1044946 627295 627295 252559 0 252559 252559 252559 18743552 17967251 776301 776301 776301 2889455 0 0 2701101 2084154 2084154 210067 210067 57051 57051 4520 4520 9173 9173 14074 14074 27993 27993 23566 23566 237054 237054 14400 14400 2031 2031 33418 33418 15979 15979 24140 24140 1532 1532 3732 3732 19593 19593 AD VALOREM TAXES 44531 44531 MISCELLANEOUS EXPENSES 3347 3347 2830355 2084154 742469 3732 70891 129447 150801 81101 132565 66690 8524 8697 185000 185000 185000 54047976 53166516 2693531 1895277 57289288 55532728 9143 13205 11719 62609 137036 171625 0 243377 161960 X 54001419 52961687 2084924 1449513 959568 959568 57045911 55370768 57289288 55532728 59100 -1734243 0 X X 0 1 X 1 0 X X 1 FIRST UNITED METHODIST CHURCH OF FORT WORTH INC 750800645 1 1 2084154 0 1 2084154 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 2538398 1924800 2538398 1924800 0 0 75000 44531 230000 237053 2233398 1643216 53009581 54117120 157936 59835 1282039 1190100 54449556 55367055 0 0 0 54449556 55367055 816743 830506 53632813 54536549 1877148 1908779 0 0 1877148 1908779 2233398 1898388 1877148 1898388 0 1898388 2084154 0 0 0 0 0 2084154 0 1898388 0.000 1898388 0 0 2192362 2192362 0 1898388 293974 2084154 0 2084154 0 0 2378128 0 293974 2084154 SCHEDULE A, PART IV, SECTION D, LINE 3 THE INVESTMENT POLICIES OF THE FOUNDATION WERE CREATED AND ARE MAINTAINED BY THE FOUNDATION INVESTMENT COMMITTEE. THIS COMMITTEE INCLUDES DIRECTORS WHO HAVE COMMON MEMBERSHIP OF THE GOVERNING BODIES OF THE FOUNDATION AND CHURCH. THE DISTRIBUTION POLICY (SPENDING POLICY) WAS INITIATED BY THE PAST PRESIDENT OF THE FOUNDATION AND A DIRECTOR, BOTH WHOM WERE MEMBERS OF THE CHURCH GOVERNING BODY. REPRESENTATIVES FROM THE CHURCH AND FOUNDATION RECENTLY MET TO DISCUSS A STRATEGY TO INCREASE THE AMOUNT OF THE DISTRIBUTIONS TO THE CHURCH. FUNDS ARE GIVEN TO THE CHURCH WHEN THE CHURCH REQUESTS FUNDING. THE CHURCH HAS THE SOLE DISCRETION AS TO THE USES OF THE INCOME FROM THE FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 77093 1 1 0 62609 74427 137036 1 X 1470450 155 20397 25449 1465553 1387518 41181 78593 36842 1470450 1200852 208507 21841 1387518 1121885 106590 27623 1200852 1108913 14422 30903 32353 1121885 0.65470 0.34530 0 0 185000 185000 185000 X 1155212 -1734243 -1734243 2889455 0 2889455 2830355 0 2830355 0 2830355 PART IV, LINE 2B: IN 2011, THE UNITED METHODIST WOMEN'S (UMW) FOUNDATION ESTABLISHED THE UMW ENDOWMENT. THE MONEY CONTRIBUTED TO THIS ENDOWMENT IS HELD IN TRUST BY THE FIRST UNITED METHODIST FOUNDATION (THE FOUNDATION). THE FOUNDATION WILL INVEST THIS MONEY FOR THE BENEFIT OF THE UMW FOUNDATION. THE CORPUS SHALL BE PRESERVED AS A PERMANENT INVESTMENT FROM WHICH ONLY EARNINGS ARE SPENT. THIS MONEY IS CONSIDERED A LIABILITY ON THE BOOKS OF THE FOUNDATION BECAUSE THE FOUNDATION DOES NOT HAVE CONTROL OVER THE MONEY IN THE ENDOWMENT NOR THE EARNINGS OR DECISION MAKING. PART V, LINE 4: DONOR RESTRICTED ASSETS TO SUPPORT DONOR SPECIFIED PROGRAMS. PART X, LINE 2: THE FOUNDATION RECOGNIZES IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION,INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. AT DECEMBER 31, 2015, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 FIRST UNITED METHODIST CHURCH OF FORT WORTH INC 800 W 5TH ST FORT WORTH TX 76102 750800645 501(C)(3) 2084154 GENERAL FINANCIAL SUPPORT. 1 X 0 0 0 0 0 0 0 0 0 SID JOHNSTON EXECUTIVE DIRECTOR 173075 0 0 0 0 0 13846 0 23147 0 210068 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 COPIES OF THE FORM 990 ARE PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY SERVICES THAT ARE PAID DIRECTLY TO A BOARD MEMBER MUST BE APPROVED BY THE BOARD; WHILE THE VOTE IS TAKEN, THE BOARD MEMBER MUST RECUSE THEMSELVES FROM THE MEETING AND VOTING PROCESS. ANY DELIBERATIONS ARE NOTED IN THE OFFICIAL BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 KEY PERSONNEL COMPENSATION IS DETERMINED THROUGH THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS USING COMPARATIVE DATA. CONTEMPORANEOUS SUBSTANTIATION IS PROVIDED THROUGH MINUTES OF THE BOARD AND EMPLOYMENT DOCUMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST EITHER WRITTEN OR IN PERSON. FORM 990, PART III, LINE 4A THROUGH THE GENEROSITY OF SO MANY DEDICATED MEMBERS AND FRIENDS OF FIRST UNITED METHODIST CHURCH OF FORT WORTH, THE FIRST METHODIST CHURCH OF FORT WORTH FOUNDATION CONTINUED ITS TRADITION OF BUILDING ITS ASSET BASE AND GENERATING INCOME FOR CHURCH USE. WE ARE CONTINUALLY THANKFUL FOR LEGACY DONATIONS, THOSE THAT ALLOW DONORS TO MAKE A GIFT AND KNOW IT WILL CONTINUE TO PROVIDE SUPPORT FOR OUR CHURCH IN PERPETUITY. THROUGH LEGACY GIVING, PEOPLE WHO LOVE OUR GREAT CHURCH ACTUALLY CONTINUE GIVING BEYOND THEIR LIFETIMES. EACH DONOR'S PHILANTHROPY AND MEMORY LIVE ON. IT'S ALMOST AS IF THEY ARE CONTINUING TO WRITE A CHECK TO THE CHURCH EVERY YEAR, BECAUSE THEIR ORIGINAL GIFT TO THE FOUNDATION IS STILL INTACT, PRODUCING ANNUAL INCOME FOR THE CHURCH. HAVING ANNUAL INCOME PRODUCED BY THE ENDOWMENT ASSURES GIFTS EXTEND THROUGH MULTIPLE GENERATIONS BECAUSE OF THE UNIQUE STRUCTURE OF THE FOUNDATION ENDOWMENT. THE FOUNDATION'S ENDOWMENT USES ONLY THE INTEREST AND INCOME GENERATED FROM ORIGINAL DONATIONS IN SUPPORT OF THE CHURCH AND ITS ENTIRE COMMUNITY, NEVER TOUCHING THE ORIGINAL CONTRIBUTIONS THAT FORM THE CORPUS OF THE FUND. SINCE ITS BEGINNING IN 1964, THE FOUNDATION HAS RELEASED NEARLY $50 MILLION DOLLARS TO OUR CHURCH. WE STRIVE TO HAVE EVERYONE UNDERSTAND THAT THE VALUE OF THE FOUNDATION IN ITS INTERRELATIONSHIP WITH THE CHURCH, ONE THAT THRIVES IN THE INTEREST OF THE MISSION OF THE CHURCH. THE FOUNDATION WORKS DILIGENTLY TO ASSURE THAT CONGREGANTS KNOW ABOUT HOW THE FOUNDATION WORKS AND TAKE PRIDE THAT THE FOUNDATION FUNCTIONS TO HELP THE CHURCH DO ITS INVALUABLE WORK. WE ARE THANKFUL FOR THE WISE DECISION OF PAST AND PRESENT BOARDS OF THE FOUNDATION AS THEY FULFILL THE DREAM OF OUR 1964 FOUNDERS. DURING 2015, OVER $2 MILLION IN FOUNDATION INCOME WAS RELEASED TO THE CHURCH FOR THEIR USE AS THEY SAW FIT. THE CHURCH WAS ABLE TO EXECUTE THE FOLLOWING, AMONG OTHER MAINTENANCE AND IMPROVEMENT EFFORTS: AN ENTIRE SUITE OF RENOVATIONS OF THE CHILDREN'S AREA; RELOCATION OF THE LIBRARY FROM THE SECOND FLOOR TO THE FIRST FLOOR OF THE CHURCH FOR EASE OF VISITOR ACCESS AND USE; REMODELING AND RELOCATION OF THE BRIDE'S ROOM; IMPROVED LIGHTING INFRASTRUCTURE AND FIXTURES IN THE CHURCH FOR ENERGY EFFICIENCY AND EASILY REGULATED ILLUMINATION CAPABILITIES; REPAIRS AT LYLE LODGE; COMPUTER SOFTWARE UPGRADES; AND ADDITIONAL SECURITY PERSONNEL. OUR GOAL IS TO MAKE SURE WE HAVE CLEAR, UNDERSTANDABLE AND TRANSPARENT INFORMATION ABOUT FOUNDATION OPERATIONS, EFFORTS AND RESULTS. WE SHARE FACTS AND FIGURES WITH INTERESTED PARTIES THROUGH BI-MONTHLY LUNCHEON GATHERINGS, PRINT COLLATERAL MATERIALS AVAILABLE IN THE CHURCH WELCOME CENTER, GUEST LECTURES FOR SUNDAY SCHOOL CLASSES, PERIODIC CELEBRATIONS TO HONOR CHURCH STAFF, MONTHLY BLOG POSTINGS, AND VIA OUR WEBSITE: HTTP://WWW.FMCFOUNDATION.ORG. WE HOPE TO INSPIRE OUR FUMCFW FAMILY TO BECOME EVEN MORE INTERESTED IN WHAT THE FOUNDATION HAS CONTRIBUTED TO THE CHURCH FOR ITS PROGRAMS, SERVICES, AND OUTREACH. WE HOPE THEY WILL APPRECIATE THAT WE EXIST ONLY TO ENHANCE THE CHURCH THROUGH ONGOING UNDERWRITING MADE POSSIBLE BY LEGACY CONTRIBUTIONS FROM OUR ALTRUISTIC, GENEROUS DONORS. THE FOUNDATION'S ENDOWMENT CONTINUES TO BE A TIMELESS, ENDURING RESOURCE FOR FIRST UNITED METHODIST CHURCH OF FORT WORTH. FIRST UNITED METHODIST CHURCH OF FORT WORTH INC 800 W 5TH ST FORT WORTH TX 76102 750800645 RELIGIOUS SERVICES TX 501(C)(3) PUBLIC CHARITY 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 FIRST UNITED METHODIST CHURCH OF FORT WORTH B 2084154 FIRST UNITED METHODIST CHURCH OF FORT WORTH-BELOW THRESHOLD J 0 FIRST UNITED METHODIST CHURCH OF FORT WORTH-BELOW THRESHOLD P 0