TMF 2014 Annual Report

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...show hospitality to strangers, for by doing that some have entertained angels without knowing it.” Hebrews 13:2 www.tmf-fdn.org 2014 ANNUAL REPORT . . . She had pulled a sack of homemade mamool cookies--little powdered sugar crumbly mounds stuffed with dates and nuts--out of her bag--and was offering them to all the women at the gate. To my amazement, not a single woman declined one. It was like a sacrament. The traveler from Argentina, the mom from California, the lovely woman from Laredo--we were all covered with the same powdered sugar. And smiling. There is no better cookie. And I looked around that gate of late and weary ones and I thought, This is the world I want to live in. The shared world. Not a single person in that gate--once the crying of confusion stopped--seemed apprehensive about any other person. They took the cookies. I wanted to hug all those other women, too. This can still happen anywhere. Naomi Shihab Nye, from Gate A-4

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Transcript of TMF 2014 Annual Report

Page 1: TMF 2014 Annual Report

“...show hospitalityto strangers, for by doingthat some have entertained

a n g e l s without knowing it.”

Hebrews 13:2

www.tmf-fdn.org

2014 ANNUAL REPORT

. . . She had pulled a sack of homemade mamool cookies--little powdered sugar crumbly mounds stuffed with dates and nuts--out of her bag--and was offering them to all the women at the gate. To my amazement, not a single woman declined one. It was like a sacrament. The traveler from Argentina, the mom from California, the lovely woman from Laredo--we were all covered with the same powdered sugar.And smiling. There is no better cookie.And I looked around that gate of late and weary ones and I thought,

This is the world I want to live in. The shared world. Not a single person in that gate--once the crying of confusion stopped--seemedapprehensive about any other person. They took the cookies. I wanted to hug all those other women, too.

This can still happen anywhere.

Naomi Shihab Nye, from Gate A-4

Page 2: TMF 2014 Annual Report

Welcomingstrangers from different

walks of life and entertaining

angels

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TMF is on an exciting trajectory toward fulfilling our

promise of STEWARDING POTENTIAL. During 2014, we

offered resources to help the Church steward its potentialfor welcoming people from all walks of life to new life – bothwithin and outside the walls of the church. The deep practice

of hospitality described by Henri Nouwen on the preceding

page is not only what we help bring to life in the

congregations, families, and individuals we serve – it is the

very thing we strive to offer you, our constituents. We want

to be a place of welcome and belonging “where change can

take place.”

TMF WELCOMES NEW MEXICO.

TMF’s most significant welcoming during 2014 was to theNew Mexico Conference Methodist Foundation (NMCMF).On April 9, 2014, NMCMF and TMF joined together to serve

all six conferences throughout New Mexico and Texas.

This consolidation represents an exciting milestone in

NMCMF’s 50-year history and TMF’s 75-year-plus history.

Most importantly, we have come together to create one

organization with a stronger voice and more resources for

exploring, discovering, and actualizing bold new solutions

for serving the church, its people and its purpose.

TMF INCREASES FINANCIAL INTEGRITY.

Our ability to help congregations steward their potential forwelcoming others is inextricably linked to stewarding our

resources toward enhanced financial strength. TMFexperienced another year of exceptional growth in assets($84 million), with $46 million of that increase due to thesuccessful joining of NMCMF with TMF. With this growth,

TMF reached a major milestone of over $500 million inassets under management. In addition to welcoming our

New Mexico neighbors, other financial highlights from

2014 include significant growth in our Undesignated

Endowment ($2.4 million) and Leadership Ministry

Endowment ($1 million) and another year marked by a

healthy surplus in our operating budget.

We fully appreciate that our financial integrity is the result

of long-term relationships developed through trust and a

shared goal of “empowering the church in the achievement

of her God-appointed missions.” We are enormously

grateful for the churches who turn to us for their lending

needs and for the individual and institutional investors who

help us finance those loans. The trust of our investors,

borrowers, and donors enables us to then extend our

resources toward addressing the broader needs of the

church, such as helping leaders create cultures of

discernment, purpose and generosity.

TMF CONVENES CONVERSATIONS.

Above all, we embrace our core value of servanthood as the

key to our relationships. As Henri Nouwen suggests,

hospitality is about putting aside our needs and agendas

and desire to control or change people and “offer them

space where change can take place.” This report features

three congregations we worked with during 2014 who

affirm our deep conviction that “conversation is thecurrency of change.” Together we conversed, listened and

learned as they dug deep in their own discernment process

to create a space for God to speak, a space where they

discovered a shared vulnerability with those outside their

community and the true blessing of creating hospitable

places of invitation and acceptance.

We believe the Church is the world’s best hope for welcoming“strangers” in our troubled and divided world. And the

startling truth that we learn every day in working with

congregations is that welcoming the stranger is not only the

Church’s great gift to the world, but God’s great gift to us.

We are so thankful for the great gift of helping our

community – congregations, donors, lay and clergy – show

hospitality, engage in acts of empathy, create communities

of genuine human flourishing. And by doing so, change the

world.

So amid the great triumphs of the past year, we look forwardto the challenges of the next. We invite you to take the next

step and join us in becoming a visibly active and profoundly

welcoming place where congregations and leaders are

formed and nurtured and resourced. Who knows, by

practicing hospitality, maybe we will find that we have

“entertained angels unawares.”

What can we do for you?

Letter from the Board Chair and President

“Hospitality means primarily the creationof free space where the stranger can enter and become a friend instead of an enemy.Hospitality is not to change people, but to offer them space where change can take place.”

Henri Nouwen, from Reaching Out: The Three Movements of the Spiritual LifeHenry Joyner Tom LockeB O A R D C H A I R P R E S I D E N T

Stewarding Potential

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� Texas and New Mexico Methodist foundations combine resources to form TMF.

� Texas Methodist Foundation changes name to TMF to reflect our expanded

mission beyond Texas, both in serving the New Mexico Conference and in

collaborating with thought leaders and entrepreneurial organizations throughout

the nation.

� TMF reaches a major milestone of over $500 million in assets under management.

� TMF Senior Vice President Gil Rendle’s pioneering Metrics Project culminates in

his book, Doing the Math of Mission, which has proven to be an invaluable

resource for congregations, conferences, and other organizations on how to

identify, measure, and accomplish outcomes.

� Financial and leadership services partner with congregations to reach out to

people in new and innovative ways.

� TMF receives a $1 million grant from the Lilly Endowment in support of TMF’s

Area Consultant ministry to proactively connect congregations to resources –

through TMF or other resource providers – that will help them gain clarity about

their unique identity and mission field, engage in holy conversations to discern

God’s call for them, and develop disciple-making strategies for living into that call.

2014 TMF STEWARDING POTENTIALHIGHLIGHTS

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“...show hospitalityto strangers, for by doingthat some have entertained

a n g e l s without knowing it.”

Hebrews 13:2

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TMF believes in the power of Holy Conversations to change us,individually and corporately. We have seen

this process foster the courage and

imagination required to shape discerning, purposeful congregations like

Oak Lawn UMCwho was willing to think critically and ask

fundamental questions in unexpected ways.

TMF Area Consultants work with

congregations to explore how new ideas

for making the world a better place can arise

from a good question and honest conversation.Some neighbors wonder if Oak Lawn United MethodistChurch in Dallas is closed. The homeless neighbors know it’sopen. This was one of the paradoxes faced by the Holy

Conversations (HC) team at Oak Lawn as they did their

work this past year.

The 140-year-old congregation is housed in a drab stone

building that is not well lit. The main entrance to the church

cannot be seen from the major intersection on which the

church sits. People who have walked their dogs in the

neighborhood for years think the church is closed. Yet everySunday night, several dozen homeless men and women areserved good food and welcomed with open-heartedhospitality.

When you enter the sanctuary on Sunday morning, there isan unmistakable air of welcome. When asked “What value

is most central to you as you move into your future?” HCteam members agreed unanimously: inclusiveness andhospitality. But the congregation, like many in such

neighborhoods, is struggling with both the loss of many of

its elderly saints – their stories, wisdom and experience –

and the addition of a culturally diverse membership – their

new energy, varied backgrounds and multifaceted needs.

There is a palpable sense of anxiety about how to focus

mission, ministry, and resources in the midst of this

complex environment.

These paradoxes led John Thornburg, the TMF areaconsultant who facilitated the HC process at the church, to

open the last meeting of the HC team with the opening

verse of Hebrews 13, “Let mutual love continue. Do notneglect to show hospitality to strangers, for by doing thatsome have entertained angels without knowing it.”

Right: Gregg Alan Smith, Associate Pastor and Director ofthe Oak Lawn Community Outreach Center, leads volunteersin prayer before dinner is served.

“A congregation changes its culture one personat a time. Radical hospitality begins with a singleheart, a growing openness, a prayerful desire forthe highest good of a stranger.”

Robert Schnase, Bishop of the Missouri Annual Conference of The United Methodist Church

VIEWING STRANGERS AS ANGELS

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The meeting was intense in the best way. Team members

were bringing reports of conversations they had initiated

with key voices in the surrounding community. The

conversations had revealed astonishing income disparity

and high incidences of teen homelessness. They had also

uncovered the deep hunger to serve and the equally deep

reticence to come to worship expressed by high-income,

high-capacity millennials. How could the congregation be

effectively invitational to the large population of millennials

who live within two miles of the church?

Some on the committee began to express impatience with

the process, a feeling not unusual for churches that fear they

are running out of time to turn things around. Thornburg

noted that the team was at the most intense and difficult part

of the HC process, simply because the discernment of God’s

will is such a deeply challenging task. Asking, “What is thedifference God is calling us to make?” is really different from

asking, “What should we do to get more people and more

money?”

About a week after this meeting, the church’s pastor, Dr. Anna

Hoseman-Butler, called Thornburg with excitement in her

voice. “I think I know how it all fits together,” she said. “It’s

a three-legged stool. There are three strategies that have

clearly emerged: working with community partners to

engage in transformational rather than remedial ministry

with homeless neighbors; reaching the 20-somethings that

are nearby; and making our building look open and inviting.”

Thornburg agreed with her that those were the three things

that seemed to be bubbling to the top in the HC process. “But

now I see what holds them all together,” Dr. Butler said.

“They all depend on our hospitality. God is calling us to use ourdeepest congregational value to turn us outward. And it allcame to me when you read the verse from Hebrews 13. We have to view strangers as angels.”

This promising ‘aha’ moment resulted because this team had

the courage to welcome the stranger, embrace the “other”

and, in doing so, discover God, themselves, and their

neighbors in new ways.

Left below and above: Volunteers serve an Easter meal tohomeless neighbors at Gayle's Kitchen Angels, an outreachministry of Oak Lawn UMC .

Above: All are welcome at the Oak Lawn Community OutreachCenter, which is open on Sunday afternoons to serve thierneighbors in need.

Right:Volunteers gather for prayer before serving dinner totheir neighbors.

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Philoxenia, the Greekword for hospitality, means

“love of thestranger.”

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“Grace,it’s a name for a girl; it’s also a thought that

changedthe world.”

U2, Grace

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When the Texas Methodist Foundation joined with the New Mexico

Conference Methodist Foundation last year and became TMF,

we brought to life our new tagline of Stewarding Potential. We stewarded our potential by consolidating our resources to

help congregations in all six conferences throughout New Mexico and Texas more effectively steward

their potential toward God’s life-changing purposes.

St. John’s UMC in Albuquerque demonstrates the impact ourjoining together is already having. Senior Pastor Craig Cockrell

and Executive Pastor John Schwarting worked with David

McCaskill, TMF senior vice president and head of loans and

investment services, to refinance the church’s loan. This resulted

in $100,000, annually, for the congregation to use to answer

God’s call for them to serve their community.

“Helping provide a congregation with more resources to do God’swork is enormously gratifying. But working with one like St.

John’s who strives to connect those resources with a clear

understanding of their purpose is especially rewarding,”

observed McCaskill.

St. John’s is in the process of prayerful discernment and

conversation about how to best use the resources from the

refinance.“Aside from the money – which, of course, we are veryexcited about – the refinance has given us time to think critically,deliberatively, and faithfully about how to use that money in waysthat are integral to our faith journey here,” commented Rev. Cockrell.

The original loan was for a Welcome Center, and St. John’s has

a vital music ministry known for its emotional resonance and

intellectual depth. A possibility for this new resource is to

explore the intersection of these two congregational values

by engaging a younger audience in spiritual formation,

community and worship through an innovative new music

ministry.

“St. John’s has such a creative music ministry – one that not

only deepens the worship experience but welcomes many

outside their gathered community into the body of Christ,”

said McCaskill. “At TMF, we want to work with congregationswho are creatively welcoming others, and St. John’s isdefinitely doing that.”

Whatever decisions evolve from their discernment process, St.

John’s underscores TMF’s belief in the importance of

continually asking qualitative – ultimate – questions of purpose

in assessing the use of resources: “Why?” “To what purpose?”

“How can we use this resource as a doorway to Christ?”

Above: St. John’s UMC, Albuquerque, New Mexico

TMF HELPS ST. JOHN’S UMC ALBUQUERQUE EXTEND THEIRWELCOME

TMF’s loan consultants assist churches as

they plan for construction or seek financial

solutions that complement their unique

ministry plan. In addition, TMF Area

Consultants partner with congregations to

connect them with the resources and tools

they need to strengthen their ministries in

unprecedented ways. Visit our website at

www.tmf-fdn.org or call TMF to discover

more about how TMF helps congregations

steward their God-inspired potential.

Above: St. John's music ministry has been an effectivedisciple-making strategy for fulfilling God's purposes.

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“Welcome one another as

Christhas welcomed you.”

Romans 15:7

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Welcomingstrangers from different

walks of life and entertaining

angels

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TMF is able to make high-impact grants through our Grants Ministry today because of personal expressions of hospitality made

through gifts years ago. Often those gifts are helping

ministries whose very purpose is to create sustainable

change in the lives of the most “invisible” strangers in our society.

Party Barn Church, an innovative ministry of First United Methodist Church

in Paris, Texas, is creating an inviting nonjudgmental space

where those on the fringes can grow into the body of Christ

because of a gift from C. R. Leslie and his sister Rosalie Leslie

Loreto who wanted more and more people to be drawn into a

deeper relationship with God.

“Hey, come and join us at the party barn. Your dog is alreadyhere getting to know everyone,” texted Sheila Ensey, a

member at First UMC Paris, to a young mother who lived

near the barn and who, like a wide swath of contemporary

culture, was unsure about her place in church but wanted

a community of support and encouragement for her young

daughter.

“Most everyone is in church today because somewhere,sometime, someone invited them. Sheila invited this woman,and she put aside her anxieties and gave it a try,” said

Reverend Rob Spencer, senior pastor at First UMC Paris.

“She discovered she already knew a lot of the people and

really enjoyed the laid-back atmosphere, the music,

message, and food.” Now she and her daughter attendworship on Sundays at Connections, another extensionministry of First UMC designed “to reach new people in newplaces.”

4M Party Barn Church (PBC) happens on the first Monday

evening of each month and is a lot less threatening to some

first-time visitors than Sunday morning worship at First

UMC’s beautiful, but, for some, imposing, historic sanctuary

housed under a 40-foot high octagonal, rotunda dome. The4Ms include a Meal catered by local restaurants, secularMusic by talented local bands, a Message, and anopportunity to Make a Difference by participating in onsitemission projects during the evening. PBC participants have

assembled over 1,000 health kits which are distributed by

the United Methodist Committee on Relief (UMCOR) to

people who have been forced to leave their homes because

of human conflict or natural disaster.

“You can't stay in your corner of the forestwaiting for others to come to you. You have togo to them sometimes.”

Winnie the Pooh

YES, AN INVITATION TO A PARTYCAN CHANGE YOUR LIFE

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The Party Barn Church is held at a venue familiar to many

locals who have attended parties there. Open on two sides,

it is literally a church that cannot keep anyone or anything

out. Birds fly by as the message is delivered. Children playing

soccer kick a ball in. People come and go. You can hear the

sounds of the natural world and laughing children. A parableof the kingdom of God. A feast to which all are invited.Especially those whom we might never think to invite.

“You know we joke that the best way to draw a crowd of

church folks is to serve a meal, but we knew the meal was an

essential aspect of our Christian heritage, of extending

hospitality, and breaking down barriers,” commented

Spencer. “That’s why we turned to TMF for a grant to help withthose costs.”

First UMC Paris received a $30,000 grant over three years insupport of their 4M Party Barn Church which closely alignswith one of TMF’s four areas of interest: evangelism initiativesthat target younger generations, culturally diversepopulations and others not currently being reached by theChurch and, thus, create an environment that is welcoming toall through new and effective ways of “being the Church.”

“TMF firmly believes that if the church is to be a vibrant,relevant, transforming influence in today’s world, we mustchange how we do church,” observed Bob Dupuy, senior vice

president of TMF Charitable Services. “ Even though this is a

new ministry, we believe it is reaching – and has enormous

potential for reaching – those who would never attend a

traditional church but who want to be part of a faith

community. We are pleased to support First UMC Paris in

their innovative approach to offering ‘a different kind of

party, a different kind of church.’”

Early results are exciting. “Party Barn Church has attracted

some who have an extreme aversion to church, some who

have been wounded by the church, and others who just

prefer a more casual setting and worship style. Some areattending PBC with regularity and others are now attendingour Connections campus and our new Young Adult group,”reported Spencer.

True to its billing as “a Judgment Free zone, a place where

it's okay not to be perfect, a place where you can be accepted

as you are, experience God's unfailing love, and enjoy a

family-friendly environment,” the Party Barn Church hasfound a way to both have church and be the churchsimultaneously.

Above and below: 4M Party Barn Church-goers enjoy a greatMeal, Music, Message, and Missions. And, as their Facebook pageproclaims, "It's all free. Just like God's love!"

“You shall love the stranger first of allbecause you know what it is to be a strangeryourself. Second of all, you shall love thestranger because the stranger shows you God.”

Barbara Brown Taylor, An Altar in the World

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“You shall love the

Stranger,for you were strangers

in the land of Egypt.”

Book of Moses, Hebrew Scripture

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“Solo gratia.

Gracealone.”

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2014 YEAR IN REVIEWOnce again, TMF ended 2014 as astronger organization than we beganthe year. This trajectory has repeated itself annually for

many years and is a pattern we intend to continue.

The significance of the following developments, activities,

and financial reporting, however, is in how they reflect the

many congregations and leaders we are privileged to work

with who are extending hospitality, broadening their

invitation, and coming to life with the knowledge that to

welcome the stranger is to entertain angels.

FINANCIAL� As of December 31, 2014, total assets under

management by TMF were approximately $510

million, an $84 million increase over 2013. Of that

increase, $46 million came from our joining with the

New Mexico Conference Methodist Foundation.

� During 2014, TMF welcomed the churches, investors,

donors, and others previously associated with the NewMexico Conference Methodist Foundation. John Rivas,

former president of NMCMF, is now ably leading TMF

activities in New Mexico. This transaction closed on

April 9, 2014, and was effective April 1, 2014.

� Our Methodist Loan Fund ended the year at $334

million. Methodist Loan Fund investments support the

Foundation’s loan program which currently funds 433

loans to United Methodist churches and agencies. Our

loan balance ended 2014 at $333 million.

� Our Undesignated Endowment grew during the year by

approximately $2.4 million, ending the year at $29.9

million. The relationship between our loan portfolio

and our endowment has never been healthier and, in

fact, exceeds guidelines established by our board.

Additionally, this endowment growth diversifies and

enhances our operating income stream by generating

additional revenue for operations.

� Not included in the amount above, endowmentdedicated to our Leadership Ministry now totals an

additional $5.7 million, a $1 million increase over 2013.

� Grants made by TMF during 2014 totaled $2,941,196.

Of that amount $2,088,534 came from donor-advised

funds. In addition, TMF provided $175,000 in specialgrant funding to the conferences we serve throughout

Texas and New Mexico. Since beginning these grants in

2009, TMF has awarded a total of $1,070,000 to the

conferences, all of which has been used at the

discretion of the presiding Bishops. For 2014, we asked

the Bishops to align the funding with organizations

addressing critical needs in ways that bring about

meaningful and sustainable change, consistent with

our Grants Ministry’s focus on systemic change.

� TMF distributed approximately $1 million from

permanent endowments, predominantly to United

Methodist causes in Texas.

STAFFING AND SERVICE AREAS� During 2014 TMF’s Leadership Ministry strengthened

leadership at every level of the church. One of the ways

we engage this work is to identify leaders who hold

positions which are key leverage points for change,

bring them together, and give them brave space for

peer learning and generative conversation that can be

transformed into courageous action. Gil Rendlecontinued his groundbreaking work with South CentralJurisdiction bishops and district superintendents,

providing space for them to experience unreserved

welcome, freely exchange varied perspectives, and

courageously teach and learn together.

In 2014, we gathered Board of Ordained Ministry chairsand leaders from across the South Central Jurisdictionto address the complex issues surrounding the difficult

place BOM’s find themselves in as they implement a

process for credentialing that is highly regulated by

church law and has not substantively changed to meet

the leadership needs of the current, changing mission

field.

In the past year, we also formed a group of youngmusicians who are leading modern worship, often in

more traditional settings. They are wrestling with the

question of what it means to use music and worship to

reach people not already inside the church.

Another way TMF is working to strengthen leadership

is by providing resources to clarify purpose and

increase generosity. Last fall, we hosted the Academyof Faith and Money in Houston, offering three full days

of current, practical teachings on stewardship . Several

who attended have already reported immediate results

from implementing recommended changes in their

congregations. These are a few examples of Leadership

Ministry’s work to enable courage, learning, and

innovation among United Methodist leaders.

� During 2014, TMF continued to benefit from long

tenured staff leadershipwhile increasing capacity with

fresh, new talent. Tom Stanton joined the leadership

team as General Counsel, allowing Bob Dupuy to focus

on his legacy giving work with individuals and families.

Leah Taylor is now serving as area consultant for the

Texas Conference enabling Don Psencik to focus his

work on helping churches throughout Texas and New

Mexico to start and promote permanent endowment

funds.

� Our Area Consultants practice of hospitality took the form of asking

questions, listening, and encouraging. They engage in conversations with

clergy and laity to learn about their congregations and ministries and to

connect them with resources that can further their own process of

discovery and understanding as they live out God’s call to be authentic

communities of acceptance and invitation.

� Legacy Giving staff members explored with donors their innermost ethic of

hospitality and how they want to steward their resources to align with those

values. These conversations led to transformational gifts that offer a keen

sense of purpose, deliver clearly articulated outcomes and foster a deep

sense of community among donors and recipients alike.

� TMF Loans and Investing also worked to deepen the concept of hospitality

as they assisted congregations who are investing in and welcoming others.

Stewarding Potential

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I saw a stranger yestreen:I put food in the eating place

I put drink in the drinking place

I put music in the listening place;

And in the blessed name of the Triune

he blessed myself and my house;

And the lark said in her song

often, often, oftengoes the Christ in the stranger’s guise.

An Old Gaelic Rune

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TMF Schedule of Selected Financial Data for each of the seven years in the period ended December 31, 2014

Life Funds Total Funds Income Endowment Managed for 2014 Owned Fund Fund InvestorsASSETS Cash and Cash Equivalents 17,303,033 809,936 131,639 398,037 15,963,421 Accrued Interest Receivable 1,411,262 105,421 7,251 403,989 894,601 Consulting Fees Receivable 4,200 4,200 - - - Pledges Receivable 534,359 31,359 - 503,000 - Loans 332,804,892 13,486,930 2,463,838 7,242,317 309,611,807 Bond Funds 3,743,282 235 298 15,815 3,726,934 Stocks 143,824,425 19,091,212 15,917,973 51,463,250 57,351,990 Certificates of Deposit 6,190,653 13,671 492 26,098 6,150,392 Land and Buildings 94,944 94,842 1 101 - Oil and Gas Interests 635,529 100 630,562 1,867 3,000 Other Investments 59,058 - - 59,058 - Fixed Assets, Net 2,527,529 2,517,529 - 10,000 - Intangible Assets, Net 754,223 754,223 - - - Prepaid Expenses 590,770 202,142 388,628 - -TOTAL 510,478,159 37,111,800 19,540,682 60,123,532 393,702,145 LIABILITIES AND NET ASSETS LIABILITIES: Distributions, Grants and Accounts Payable 4,193,913 656,233 159,708 3,129,891 248,081 Deferred Revenue 74,600 74,600 - - - Deferred Grant Revenue 800,000 800,000 - - - Line of Credit - - - - - Funds Managed for Investors 393,454,064 - - - 393,454,064 Funds Held as Agent 57,002,116 - 19,170,704 37,831,412 - Total Liabilities 455,524,693 1,530,833 19,330,412 40,961,303 393,702,145 NET ASSETS 54,953,466 35,580,967 210,270 19,162,229 - TOTAL 510,478,159 37,111,800 19,540,682 60,123,532 393,702,145

AT YEAR END: 2008 2009 2010 2011 2012 2013 2014 Funds Managed for Investors 259,309,736 301,154,353 299,396,216 301,622,524 326,374,476 319,980,087 393,454,064 Loans 273,237,703 307,575,329 296,552,405 310,396,734 325,359,350 327,256,864 332,804,892 Other Securities 37,619,748 50,648,339 61,346,922 67,356,467 86,024,802 92,080,540 153,758,360 Operating and Memorial Net Assets 12,926,577 14,702,093 17,090,584 20,183,904 23,531,390 27,451,359 29,928,607 TMF Leadership Ministry 2,027,594 2,837,148 3,585,475 4,026,196 4,197,890 4,687,298 5,652,360 Permanent Gifts (Foundation, Trustee) 44,059,289 50,414,119 61,656,675 64,635,125 71,918,876 81,824,737 92,574,608

Total Assets 316,555,895 365,394,703 373,501,239 383,922,117 419,390,976 425,941,318 510,478,159

2014 FINANCIALS

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“Loverejoices in the othernessof the other.”

Reinhold Niebuhr

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2014 BOARD MEMBERS BY CONFERENCE

CENTRAL TEXASMr. William Bleibdrey

Dr. Timothy K. Bruster

Mr. Tom Harkrider

Dr. Chris Hayes

Dr. James W. Hunt

Mr. Henry Joyner (Chair)

Bishop J. Michael Lowry

Mr. Wesley Millican

Mr. Hiram Smith, Jr.***

NORTH TEXASMr. James F. Adams

Mrs. Mary Brooke Casad

Dr. Jan Davis

Mrs. Patricia M. Deal

Mr. Larry Haynes

Mr. Joseph W. Holmes

Rev. Katherine Glaze Lyle

Bishop Michael McKee

Dr. Clayton Oliphint (Secretary)

Rev. Owen Ross

Dr. Andrew Stoker

Mrs. Kay Yeager

NORTHWEST TEXASBishop W. Earl Bledsoe

Mr. Matt Bumstead

Judge Ron Enns

Mr. Bynum Miers***

Dr. James Nunn

RIO TEXASMr. James A. Cox, Jr.

Bishop James Dorff**

Dr. Daniel Flores

Rev. Thelma Flores**

Rev. Scott Heare

Mr. Jim Hornbuckle

Mrs. Teresa Keese

Rev. Laura Merrill

Mr. Robert T. Rork

Judge Henry Santana

Mr. Robert C. Scott***

Mr. Robert B. Sunderland***

Mrs. Amy Thomas

TEXASDr. Donald R. House

Mr. Rock Houstoun

Bishop Janice Riggle Huie

Mrs. Thomasine Johnson

Dr. Thomas J. Pace, III

Mrs. Ruth G. Palmer**

Mr. James V. Walzel

Rev. Jim Welch

NEW MEXICOBishop W. Earl Bledsoe

Mr. John Goodwin

Rev. Jeff Lust

Mr. Sid Strebeck

Mr. Tom Toevs

** Advisory

*** Emeritus

Page 22: TMF 2014 Annual Report

AREA STAFFJohn Thornburg – Senior Area Consultant, North Texas Conference,

and Director of Area Staff

Melvin Amerson – Senior Area Consultant

Eric McKinney – Senior Area Consultant, Central Texas Conference

Don Psencik – Senior Area Consultant, Church Endowment Specialist

Teresa Rice – Data Analyst

John Rivas – Executive Director for New Mexico Activities

Joyce Russell – Senior Administrative Assistant

Tom Stanton – Senior Area Consultant, Rio Texas Conference

Leah Taylor – Senior Area Consultant, Texas Conference

Dick Young – Senior Area Consultant, Northwest Texas Conference

CHARITABLE SERVICESBob Dupuy – Senior Vice President of Charitable Services

Patti Glanzer – Senior Administrative Assistant

Jacki Lammert – Director of Grants Ministry

EXECUTIVETom Locke – President

Curtis Vick – Executive Vice President

Gil Rendle – Senior Vice President

Justin Gould – Vice President of Development

Tom Stanton – General Counsel

Teri Fichera – Director of Event Planning/Executive Support

Laura Fuqua – Executive Administrative Assistant

FOUNDATION RELATIONSPatti Simmons – Vice President of Foundation Relations

LEADERSHIP MINISTRYLisa Greenwood – Vice President of Leadership Ministry

Gil Rendle – Senior Vice President

Janet Klosterboer – Leadership Ministry Assistant

Eric McKinney – Senior Area Consultant

John Thornburg – Senior Area Consultant

METHODIST LOAN FUND SERVICESDavid McCaskill – Senior Vice President of MLF Services

Robert Hoppe – Vice President of Loans and Real Estate

Carol Nelson – Assistant Vice President of Loans

Sara Beltran – Investor Services Administrator

Randi Forrest – Investor Services Assistant

Terri Harnish – Loan Closer

Jenny King – Loan Assistant

OPERATIONSCandy Gross – Senior Vice President of Operations

Kerry Afflerbaugh – Assistant Vice President of IT/Help Desk Coordinator

Patsy Wilson – Assistant Vice President of Human Resources

Erica Green – Operations Administrative Assistant

Theresa McGee – Office Administrative Assistant, New Mexico Office

Linda Parnell – Receptionist

Susan Puhar – Administrative Accounting Support

Sonia Riley – Office Manager

Gerry Schoening – Controller

Karyl Seibert – Endowment and Life Income Accounts

Barbara Warren – Accounting Support

Cindy Warren – Database Administrator

OFFICERSTom Locke, President

Curtis Vick, Executive Vice President

Bob Dupuy, Senior Vice President

Candy Gross, Senior Vice President

David McCaskill, Senior Vice President

Gil Rendle, Senior Vice President

Justin Gould – Vice President

Lisa Greenwood, Vice President

Robert Hoppe, Vice President

Patti Simmons, Vice President

Kerry Afflerbaugh, Assistant Vice President

Carol Nelson, Assistant Vice President

Patsy Wilson, Assistant Vice President

2014 TMF STAFF

Page 23: TMF 2014 Annual Report

“You never really understand apersonuntil you consider things from his point ofview . . . until you climbinto his skin and walk around in it.”

Atticus to Scout, Harper Lee, To Kill a Mockingbird

Page 24: TMF 2014 Annual Report