2014-06-06T09:23:41-05:00 2013-12-31 750786316 WEAVER AND TIDWELL LLP 2821 W 7TH STREET SUITE 700 FORT WORTH TX 76107 990 2013-01-01 756042162 FIRST METHODIST CHURCH OF FORT WORTH FOUNDATION INC FIRS 8173365698 750 W FIFTH STREET FORT WORTH TX 76102 LOU ANN BLAYLOCK PRESIDENT 8173365698 2014-05-13 1 DANIEL M STEWART P00415184 8173327905 2013 2015-11-30 17:44:51Z SID JOHNSTON 750 W FIFTH STREET FORT WORTH TX 76102 21148589 0 X WWW.FMCFOUNDATION.ORG X 1964 TX TO PROVIDE FUNDS FOR FIRST UNITED METHODIST CHURCH. 12 12 2 20 0 0 349106 570806 0 0 2061774 1358058 2090805 1620909 4501685 3549773 1145369 1131574 0 0 271267 268367 0 0 1182 396542 451730 1813178 1851671 2688507 1698102 47088844 55744248 271624 240612 46817220 55503636 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 1131574 1131574 SEE SCHEDULE O FOR NARRATIVE:IN 2013, WE WERE HONORED TO CONTINUE OUR TRADITION OF FINANCIAL SUPPORT FOR FIRST UNITED METHODIST CHURCH OF FORT WORTH. WE HAVE BEEN HUMBLED AND GRATIFIED BY THE SUCCESS OF FOUNDATION OVER THE LAST FIVE DECADES; NEXT YEAR WILL BE OUR 50TH ANNIVERSARY. A NOMINAL INITIAL LEGACY GIFT IN 1964 OF $2500 HAS BEEN ADDED TO BY GENEROUS DONORS OVER THE YEARS, DONORS WHOSE GOAL WAS TO ENABLE TIMELESS CONTRIBUTIONS AND THE FUNDING OF AN 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. OUR FOUNDERS' COLLECTIVE VISION WAS TO DEVELOP AND MAINTAIN JUST SUCH A GROWING ENDOWMENT FUND TO ASSURE ENDURING FINANCIAL SUPPORT. SINCE ITS BEGINNING, THE FOUNDATION HAS GIVEN OVER $44 MILLION BY VIRTUE OF LEGACY GIFTS INVESTED IN INCOME-PRODUCING EQUITIES AND OTHER FINANCIAL INSTRUMENTS AND OIL AND GAS ASSETS AND REVENUES. THE MONEY ALLOWS THE CLERGY, STAFF AND VOLUNTEERS TO MEET THE NEEDS OF THE CONGREGATION AND MISSIONS OF THE CHURCH, DESCRIBED SUCCINCTLY BY OUR FOUNDATION AS FIVE "PILLARS" OF SUPPORT: VISION, WORSHIP, EDUCATION, MISSION AND OUTREACH, AND MUSIC AND FINE ARTS.OUR THEME FOR THE CELEBRATION SEASON REFLECTS THIS FOCUS ON THESE QUALITIES AND EFFORTS. OVER THE NEXT NINE MONTHS, LEADING UP TO A CELEBRATION EVENT, WE ARE HOPING TO SHARE THE STORIES OF THOSE WHO GIVE, HOW THE CHURCH BENEFITS AND WHERE THE FOUNDATION HAS MADE A DIFFERENCE DURING THE FIRST 50 YEARS, AS WELL AS WHERE IT'S HEADED IN THE FUTURE. WE STRIVE TO HAVE EVERYONE UNDERSTAND THAT THE VALUE OF THE FOUNDATION TO FIRST UNITED METHODIST CHURCH AND HOW THE INTERRELATIONSHIP THRIVES IN THE INTEREST OF THE MISSION OF THE CHURCH; TO ASSURE THAT CONGREGANTS TAKE PRIDE THAT THE FOUNDATION FUNCTIONS FOR THE CHURCH, TO HELP THE CHURCH DO ITS INVALUABLE WORK; TO APPROPRIATELY HONOR THE PAST AND PRESENT BOARDS OF THE FOUNDATION FOR THEIR GOOD DECISIONS; AND TO CELEBRATE THE FULFILLMENT OF THE DREAM OF OUR 1964 FOUNDERS WITH EVERY UNDERWRITING THAT OCCURS.IN 2013, SOME OF THE OUTCOMES OUR FUNDING WAS ABLE TO ASSURE OCCURRED INCLUDE: PAYMENT ON CHURCH ORGAN, RENOVATION OF ROOM 154 OF THE CHURCH, NEW COMPUTER CALENDARING SYSTEM, 2013 TOYOTA CAMRY SLE HYBRID FOR DR. BRUSTER, FINAL PAYMENT ON CHURCH SERVER, LIGHTING RETROFIT PROJECT OF THE MAIN CHURCH, BEGINNING OF RENOVATIONS OF THE JUSTIN BUILDING, RENOVATION OF SANCTUARY CHANCEL, SANCTUARY CHANCEL RISERS, DOWN PAYMENT FOR CHANCEL CHOIR CHAIRS.WE SHARE INFORMATION WITH INTERESTED PARTIES THROUGH OUR WEBSITE: HTTP://WWW.FMCFOUNDATION.ORG. OUR GOAL IS CLEAR, UNDERSTANDABLE AND TRANSPARENT INFORMATION ON OUR OPERATIONS, EFFORTS AND RESULTS. WE HOPE TO INSPIRE OUR FUMC FAMILY TO BECOME EVEN MORE INTERESTED IN WHAT THE FOUNDATION HAS CONTRIBUTED TO THE CHURCH AND ITS PROGRAMS, SERVICES, AND OUTREACH AND TO APPRECIATE THAT WE EXIST ONLY TO ENHANCE THEM THROUGH UNDERWRITING, USING LEGACY CONTRIBUTIONS FROM OUR ALTRUISTIC, GENEROUS DONORS TO PROVIDE A TIMELESS, ENDURING RESOURCE. WE LOOK FORWARD TO OUR 50TH ANNIVERSARY MILESTONE IN SEPTEMBER OF 2014. 52761 CONTRACTED DISTRIBUTIONS TO DONOR OF UNITRUST 1184335 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 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 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X SID JOHNSTON 8173395072 750 W FIFTH STREET FORT WORTH TX 76102 KENNETH H JONES JR DIRECTOR EMERITI 1.00 X 0 0 0 JACK L BENSON VOTING DIRECTOR 1.00 X 0 0 0 LOU ANN BLAYLOCK VOTING DIRECTOR, VICE PRES 1.00 X X 0 0 0 LEE BLOEMENDAL MD VOTING DIRECTOR 1.00 X 0 0 0 CHRIS CHOATE VOTING DIRECTOR 1.00 X 0 0 0 BEVERLEE B HERD VOTING DIRECTOR 1.00 X 0 0 0 HENRY B PAUP VOTING DIRECTOR, SECRETARY 1.00 X X 0 0 0 WR BOB WATT JR VOTING DIRECTOR 1.00 X 0 0 0 R EARL COX III DIRECTOR EMERITI 1.00 X 0 0 0 DON L STEGALL DIRECTOR EMERITI 1.00 X 0 0 0 JOHN R THOMPSON JR DIRECTOR EMERITI 1.00 X 0 0 0 VERNON BRYANT JR VOTING DIRECTOR, PRESIDENT 1.00 X X 0 0 0 BYRON R BAIRD VOTING DIRECTOR 1.00 X 0 0 0 RICHARD DEBERRY VOTING DIRECTOR 1.00 X 0 0 0 CHRIS LOKEY ADVISORY DIRECTOR 1.00 X 0 0 0 JOHN H MADDUX VOTING DIRECTOR 1.00 X 0 0 0 VIVIENNE B MAYS ADVISORY DIRECTOR 1.00 X 0 0 0 TOM HARDGROVE ADVISORY DIRECTOR 1.00 X 0 0 0 ASHLEY W JOHNSON ADVISORY DIRECTOR 1.00 X 0 0 0 MICHAEL MALLOY VOTING DIRECTOR 1.00 X 0 0 0 SID JOHNSTON EXECUTIVE DIRECTOR 40.00 X 162246 0 29258 162246 0 29258 1 0 1 0 LUTHER KING CAPITAL MANAGEMENT 301 COMMERCE STREET SUITE 1600 FORT WORTH TX 76102 INVESTMENT ADVISOR 188962 1 570806 240000 570806 1019912 1019912 1383986 1383986 236923 0 236923 236923 236923 17649272 287690 17281043 317773 368229 -30083 338146 338146 3549773 0 0 2978967 1131574 1131574 191504 191504 52000 52000 4120 4120 7434 7434 13309 13309 10839 10839 19290 19290 205507 205507 1229 1229 26284 26284 14194 14194 24000 24000 1182 1182 19131 19131 AD VALOREM TAXES 57221 57221 DISTRIBUTION TO UNITRUS 52761 52761 MISCELLANEOUS EXPENSES 18749 18749 BANK CHARGE 1343 1343 1851671 1184335 666154 1182 51902 244980 75291 226766 1090654 209394 77773 0 7421 8420 42783703 51971185 3002100 3083503 47088844 55744248 58400 5662 213224 234950 271624 240612 X 44252629 52588854 1646204 1996395 918387 918387 46817220 55503636 47088844 55744248 1698102 6988314 0 X 0 1 X 1 0 X X 0 0 0 FIRST METHODIST CHURCH OF FORT WORTH 750800645 501(C)(3) 1 1 1 1131574 1 1131574 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 75747 1 1 1200852 208507 21841 1387518 1121885 106590 27623 1200852 1108913 14422 30903 32353 1121885 1010690 15000 113056 29833 1108913 835295 41040 161159 26804 1010690 0.00000 0.66190 0.33810 0 0 0 ASSETS HELD IN TRUST 808226 MINERAL INTEREST 827277 PERPETUAL INCOME INTEREST IN LAND 1068000 ELLIOT LAND 380000 3083503 LIABILITY UNDER REMAINDER UNITRUST AGREEMENT 183800 ASSETS HELD FOR OTHERS 51150 234950 X 10568172 6988314 6988314 3579858 -30085 -30085 3549773 1881756 30085 30085 1851671 0 1851671 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, 2013, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S TAX YEARS 2010 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION FOR FEDERAL TAX PURPOSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 0 FIRST UNITED METHODIST CHURCH OF FORT WORTH 800 W 5TH ST FORT WORTH TX 76102 750800645 501(C)(3) 1131573 GENERAL FINANCIAL SUPPORT. 1 X 0 0 0 0 0 0 0 0 0 SID JOHNSTON EXECUTIVE DIRECTOR 160076 0 0 0 2170 0 12806 0 16452 0 191504 0 0 0 X 1 240000 APPRAISAL 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY THE CHARGE CONFERENCE OF THE FIRST UNITED METHODIST CHURCH OF FORT WORTH. FORM 990, PART VI, SECTION A, LINE 7B THE CHARGE CONFERENCE WOULD HAVE TO APPROVE ANY CHANGE TO THE SCOPE OF THE MISSION OF THE FOUNDATION. 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 18 THE FOUNDATION MAKES IT'S 1023 AND FORM 990S AVAILABLE UPON REQUEST EITHER WRITTEN OR IN PERSON. 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. FIRST UNITED METHODIST CHURCH OF FORT WORTH 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 1131573 FIRST UNITED METHODIST CHURCH OF FORT WORTH-BELOW THRESHOLD J FIRST UNITED METHODIST CHURCH OF FORT WORTH-BELOW THRESHOLD P