The Great Lakes Annual Conference (GLAC) of the Global Methodist Church is pleased to announce a new partnership with the Methodist Foundation of Mississippi (MFM) for investment management and stewardship education services. The partnership, approved by the GLAC Leadership Council, establishes two new funds aimed at supporting local churches and clergy needs across Illinois, Indiana, Michigan, and Wisconsin. “This partnership represents our commitment to responsible stewardship of conference resources while creating sustainable support systems for our local churches and clergy," said Conference Superintendent Scott Pattison. “We aspire to be an annual conference that effectively discovers, develops, and deploys clergy to serve and lead our local churches and other ministry opportunities as they carry out the mission of the Global Methodist Church. These funds are a next step in pursuing this goal.” After an extensive evaluation process, the GLAC Finance & Administration Team unanimously recommended MFM over competing organizations. While other entities expressed interest in increasing Global Methodist representation, MFM already demonstrated this commitment with half of their board already consisting of Global Methodist clergy and laity. Additionally, MFM's no-fee short term fund—currently offering a 5.35% return rate—outperformed competitors whose offerings included various fee structures that diminished returns. The Foundation's investment approach through Charles Schwab with management by Gerber/Taylor Associates, Inc., rather than Wespath, also aligned better with the conference's values. The two established funds include: Ministerial Scholarship Fund : Initially funded with $25,000, this fund will assist those experiencing a call into ministry as clergy with seminary and alternative pathway educational expenses. The application and disbursement process for this scholarship program is currently in development. Fundraising opportunities for this fund are ongoing and more information regarding possible matching gifts are forthcoming. Clergy Health Support Fund : Seeded with $100,000, this fund will provide bridge funding for clergy who are unable to continue service at their current appointment due to significant health limitations but still require health insurance while awaiting long-term disability or other healthcare options. This funding will alleviate the financial burden on local churches, enabling congregations who qualify to maintain fiscal stability during an important leadership transition. Other investment funds are under consideration and will be shared when established. The partnership also provides GLAC churches access to generosity and stewardship education offered by MFM, whether directly to local churches, through annual conference breakouts, or separate planned events. To provide input on possible topics to be covered in the future, please complete this survey . More information about stewardship events will be available at a later date. In the meantime, local church leaders are encouraged to reach out to MFM for their investment management and stewardship education needs. For more information, reach out to Dr. Todd D. Marion, CPA, MFM Associate Director/CFO at
[email protected] or Michelle Veazey, MFM Executive Administrative Assistant, at
[email protected] . They can also be reached at (601) 948-8845. Donations to the above mentioned funds can be made at methodistfm.org/donate . Please be sure to select “Deposit to endowment” and add a note indicating which fund (GLAC Clergy Health Support or GLAC Ministerial Scholarship) the gift is to benefit. Donors may also call the MFM for instructions on where to mail a donation check. Learn more at methodistfm.org .