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United Methodist Higher Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237077869 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Overview

What is United Methodist Higher Education Foundation?

The United Methodist Higher Education Foundation, abbreviated as UMHEF, is a nonprofit organization situated in Nashville, Tennessee. Its primary mission is to provide financial aid to students attending United Methodist-related institutions. Local United Methodist churches contribute $1,000 towards each student's education, with UMHEF matching this amount. In many instances, the educational institution also matches the student's $1,000, resulting in a total award of $3,000 per student. Additionally, some United Methodist Conference Foundations contribute an additional $1,000, further increasing the scholarship amount to $4,000 per student. UMHEF provided over 1.1 million dollars in scholarship funding through its collaborative programs in 2022, primarily by hosting endowment fundraising events and programs. The organization was established with the purpose of developing and managing funds for scholarships for United Methodist students attending United Methodist-related schools.


Official website here: www.umhef.org

Is United Methodist Higher Education Foundation legitimate?

United Methodist Higher Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Methodist Higher Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $205,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,032

For more financial information, click here


Official website here: www.umhef.org

What is the mission statement of United Methodist Higher Education Foundation?

The United Methodist Higher Education Foundation, established with the goal of providing scholarships for United Methodist students attending United Methodist-related schools, aims to provide significant scholarship funding through its collaborative programs. To achieve this, the foundation hosts endowment fundraising events and programs, raising scholarship dollars. On average, the foundation provides over 2 million dollars in scholarship funding annually. United Methodist Dollars for Scholars offers matching scholarships for students attending United Methodist-related institutions. Local United Methodist churches contribute 1,000 dollars per student, which the foundation matches, with most United Methodist-related educational institutions also offering a match. This collaboration results in a total award of 3,000 dollars per student. In addition, with certain United Methodist Conference Foundations, the award is matched with an additional 1,000 dollars, bringing the total award to 4,000 dollars per student. The United Methodist Higher Education Foundation awarded a total of 1,181,625 scholarships through this program in 2022.


Official website here: www.umhef.org

Who is the CEO of United Methodist Higher Education Foundation?

Robert R Fletcher is the President/Ce of United Methodist Higher Education Foundation.


Official website here: www.umhef.org

What is the revenue of United Methodist Higher Education Foundation?

United Methodist Higher Education Foundation's revenue in 2022 was $2,034,614.


Official website here: www.umhef.org

Who are the executives of United Methodist Higher Education Foundation and what are their salaries?

The average compensation at United Methodist Higher Education Foundation during 2022 was $87,657. There are 6 employees and 40 volunteers at United Methodist Higher Education Foundation.

Here are 28 key members and their salaries:

    Robert R Fletcher (President/Ce)
  • Compensation: $132,872
  • Related: $0
  • Other: $39,155

    • Glenn C Andrew (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Ary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Irma Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Rowland Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cara Stultz Costello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Decker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Felton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Griffy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Gabel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Joseph Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tari Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William N Johnston (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ruth A Knox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Kuan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathi Austin Mahle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Ough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sidney Strebeck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherron Shuffield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Javier Viera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Vogel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorene Wilbur (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ken Yamada (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Bergquist (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Childs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jadd Masso (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umhef.org

    Where can I find the form 990 for United Methodist Higher Education Foundation?

    The United Methodist Higher Education Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.umhef.org

    Learn more at the official website: www.umhef.org

    Mission Statement of United Methodist Higher Education Foundation

    The United Methodist Higher Education Foundation, established with a mission, seeks to develop and manage funds for scholarships for students affiliated with the United Methodist Church. This nonprofit organization aims to provide financial aid, averaging over two million dollars annually, through collaborative programs. To achieve this goal, the Foundation hosts endowment fundraising events and programs, aiming to raise scholarship dollars.

    One of the key initiatives of the United Methodist Higher Education Foundation is United Methodist Dollars for Scholars, which provides matching scholarships for students attending United Methodist-related institutions. Local United Methodist churches contribute a thousand dollars per member student, totaling over 468,000 in 2022. The Foundation matches each student's contribution, and in most instances, the United Methodist-related educational institution also contributes a thousand dollars. With the help of a select number of United Methodist Conference Foundations, the scholarship award is further matched with an additional thousand dollars, bringing the total award to four thousand dollars per student.

    In summary, the United Methodist Higher Education Foundation was established to support the educational aspirations of United Methodist students. By hosting endowment fundraising events and programs, the Foundation raises scholarship dollars, which it then matches and supplements, in collaboration with local churches and educational institutions. This collective effort enables the Foundation to provide substantial financial aid to a significant number of students each year, thereby making higher education more accessible to United Methodist students.

    Impact

    This information is meant to be a general summary of United Methodist Higher Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    United Methodist Higher Education Foundation is providing significant impact through its scholarship programs. In 2022 alone, the foundation awarded over $1.1 million in scholarships to United Methodist students attending United Methodist-related institutions. Through collaborative efforts with local United Methodist churches, educational institutions, and conference foundations, the foundation is able to match scholarship funds to provide substantial financial support to students. This support not only benefits individual students but also contributes to the overall accessibility of higher education within the United Methodist community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,762,110
  • Program Service Revenue: $0
  • Gross Receipts: $2,034,614

    • Assets and Liabilities:
  • Total Assets: $56,702,890
  • Total Liabilities: $812,426
  • Net Assets: $55,890,464
  • Organization Details

    Founding Year

    1965

    Principal Officer

    Robert R Fletcher

    Main Address

    PO BOX 340005, NASHVILLE, TN, 37203

    NTEE Category

    Code: B820 - Education

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