Iowa United Methodist Foundation Report to AC2023

Iowa United Methodist Foundation (IUMF) Executive Direct Rev. Dr. Katharine Yarnell gave a hockey-themed presentation to Annual Conference Attendees.

Yarnell, who hails from Canada, began by explaining that all investments are secure, regardless of denomination.

"The mission remains," she said. "The Foundation continues to serve as a prudent, socially responsible investor for ALL non-profit ministries."

Almost $5 million was distributed to scholarships and ministries in 2023. 

2022 Budget

2021 Income - $552,679 

2021 Expenses - $485,487

2021 Net Operating Income $67,192

This was tithed to the Simpson Youth Academy and the new IUMF Student of Color Scholarship Fund

"Here's a Hat Trick – three goals in one game – three grants for you and for your church," said Yarnell as she described three opportunities for churches. "The first grant application opens on July 1, Canada Day."

Hunger Relief grants, Covid Relief Grants for pastors in underserved areas (rural) or minority congregations, and student scholarships are just three of the opportunities available from the Foundation.

To learn more about how to invest with the Iowa United Methodist Foundation, visit www.iumf.org.