2024-01-29T09:00:39-05:00 2023-06-30 464116137 THE BRITTINGHAM GROUP LLP PO BOX 5949 WEST COLUMBIA SC 291715949 990 2022-07-01 570687517 SOUTH CAROLINA UNITED METHODIST FOUNDATION INC SOUT 8037719125 POST OFFICE BOX 5087 COLUMBIA SC 292505087 THE REVEREND ROBERT M VINCENT PRESIDENT 8037719125 2023-12-28 true ROBERT VINCENT 999009999 false HARRY D DELOACH P00592698 8037393090 2023-12-29 X 2022 2023-04-26 12:10:37Z THE REVEREND ROBERT M VINCENT POST OFFICE BOX 5087 COLUMBIA SC 292505087 3543884 false X NONE X 1977 SC PROVIDE ENDOWMENT FOR UNITED METHODIST INSTITUTIONS. 14 13 2 0 1138647 241795 54251 49425 1251719 738362 0 2444617 1029582 464308 493957 0 192833 206666 0 0 52184 51805 709325 752428 1735292 277154 26852088 27776796 10118794 9995665 16733294 17781131 PROVIDE ENDOWMENT FOR UNITED METHODIST INSTITUTIONS. false false 344476 344476 PROVIDING ENDOWMENT FOR SEVEN UNITED METHODIST AFFILIATED INSTITUTIONS. 149481 149481 PROVIDING SUPPORT TO UNITED METHODIST AFFILIATED INSTITUTIONS, ORGANIZATIONS AND STUDENTS. 493957 true true false false false false false false false true true false false false true true true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 13 0 2 true false false false false false false false false false false false false false false X 14 13 false false false false false false false true true false false false true true true true true true false false X THE REVEREND ROBERT M VINCENT 8037719125 POST OFFICE BOX 5087 COLUMBIA SC 292505087 THE REVEREND MICHAEL E BOWERS DIRECTOR 1.00 X 0 0 0 MRS MARY ANN S CREWS DIRECTOR 1.00 X 0 0 0 THE REVEREND EUGENE L CURRY DIRECTOR 1.00 X 0 0 0 THE REVEREND DR ROBIN DEASE DIRECTOR 1.00 X 0 0 0 MR JAMES C HARDIN III SECRETARY 1.00 X X 0 0 0 DR JOSEPH E HEYWARD DIRECTOR 1.00 X 0 0 0 BISHOP L JONATHAN HOLSTON DIRECTOR 1.00 X 0 0 0 THE REVEREND R WAYNE HORNE CHAIRPERSON 1.00 X X 0 0 0 THE REVEREND MILTON L MCGUIRT DIRECTOR 1.00 X 0 0 0 THE REVEREND DR TED R MORTON JR DIRECTOR 1.00 X 0 0 0 MR D SMITH PATTERSON TREASURER 1.00 X X 0 0 0 MR TIM ROGERS DIRECTOR 1.00 X 0 0 0 THE REVEREND ROBERT M VINCENT PRESIDENT 40.00 X X 122463 0 23348 THE REVEREND TONI L WHITE VICE CHAIRPE 1.00 X X 0 0 0 122463 23348 1 false false false 241795 241795 MANAGEMENT FEES 49425 49425 49425 847709 847709 2404955 2514302 -109347 -109347 -109347 1029582 -59922 847709 443457 443457 50500 50500 145811 145811 55866 55866 4989 4989 8500 8500 998 998 8318 8318 18183 18183 2247 2247 126 126 CONTINGENCY EXPENSES 13433 13433 752428 493957 258471 0 1415726 1615312 94959 97321 49229 26601 21820 22628 24741601 25502177 577982 539358 26852088 27776796 854588 774233 9264206 9221432 10118794 9995665 X 452476 387299 16280818 17393832 16733294 17781131 26852088 27776796 X 277154 803690 -33007 X false true X true false X X 7 CLAFLIN UNIVERSITY CLAFLIN UNIVERSITY 570314374 2 true 41342 0 COLUMBIA COLLEGE COLUMBIA COLLEGE 570324915 2 true 42882 0 EPWORTH CHILDRENS HOME EPWORTH CHILDRENS HOME 570314389 10 true 52205 0 SPARTANBURG METHODIST COLLEGE SPARTANBURG METHODIST COLLEGE 570314415 2 true 46667 0 UNITED METHODIST MANOR OF THE PEE DEE UNITED METHODIST MANOR OF THE PEE DEE 570762944 1 true 44598 0 WESLEY COMMONS WESLEY COMMONS 570524661 10 true 67987 0 WOFFORD COLLEGE WOFFORD COLLEGE 570314422 2 true 48795 0 7 344476 0 true false false false false false false false false false false false false false false true false PART I, LINE 11H WESLEY COMMONS 57-0524661 10 X 67,987 0 WOFFORD COLLEGE 57-0314422 2 X 48,795 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16243675 241795 1157394 216621 47278 17378965 20131298 1138647 -4753551 226647 46071 16243676 16160933 172820 3978392 144751 36096 20131298 14970679 229496 1156689 160897 35034 16160933 14030413 260158 879001 165354 33539 14970679 0.63910 0.36090 false false 19680 19680 29549 26601 2948 22628 ASSETS UNDER MANAGEMENT AGREEMENTS 8829517 DUE TO OTHER FUNDS 206209 ANNUITY CONTRACTS PAYABLE 185706 9221432 X 1800265 803690 -33007 770683 1029582 1029582 752428 752428 752428 SCHEDULE D, PAGE 3, PART X THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC"). HOWEVER, IT WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC). THE TAX YEARS ENDING JUNE 30, 2023, 2022, 2021, AND 2020 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. SCHEDULE D, PAGE 4, PART XI, LINE 2D ADJ TO REMAINDER BENEFICIARIES 1,357 ACTUARIAL ADJUSTMENT -34,364 true CLAFLIN UNIVERSITY 400 MAGNOLIA STREET ORANGEBURG SC 29115 570314374 501C3 41342 SUPPORT COLUMBIA COLLEGE 1301 COLUMBIA COLLEGE DRIVE COLUMBIA SC 29203 430655867 501C3 42882 SUPPORT EPWORTH CHILDRENS HOME EPWORTH CHILDRENS HOME 2900 MILLWOOD AVENUE 2900 MILLWOOD AVENUE COLUMBIA SC 29205 570314389 501C3 52205 SUPPORT FIRST UNITED METHODIST CHURCH PO BOX 608 LANCASTER SC 29721 576006398 501C3 12000 SUPPORT INDIA HOOK UNITED METHODIST CHURCH 3300 MT GALLANT RD ROCK HILL SC 29732 570644674 501C3 6948 SUPPORT LATIMER MEMORIAL UMC 200 RIVER STREET BELTON SC 29627 576021286 501C3 6308 SUPPORT PENDLETON UNITED METHODIST CHURCH 217 BROAD STREET PENDLETON SC 29670 570761667 501C3 6668 SUPPORT SAMPIT UMC 144 KENT ROAD GEORGETOWN SC 29440 571089175 501C3 6000 SUPPORT SPARTANBURG METHODIST COLLEGE 1000 POWELL ROAD SPARTANBURG SC 29301 570314415 501C3 46667 SUPPORT UM MANOR OF THE PEE DEE 2100 TWIN CHURCH ROAD FLORENCE SC 295018200 570762944 501C3 44598 SUPPORT WESLEY COMMONS 1110 MARSHALL ROAD GREENWOOD SC 29646 570524661 501C3 67987 SUPPORT WOFFORD COLLEGE 429 N CHURCH STREET SPARTANBURG SC 29203 570314422 501C3 48795 SUPPORT SCHOLARSHIPS 7 50500 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 AWARDING OF GRANTS IS MADE WITH APPROVAL OF DIRECTORS IN ACCORDANCE WITH FOUNDATION'S MISSION STATEMENT. FORM 990, PART VI SECTION A, LINE 1A - BOARD OF DIRECTORS DELEGATES AUTHORITY TO ACT ON ITS BEHALF BETWEEN REGULARLY SCHEDULED MEETINGS OF THE BOARD TO AN EXECUTIVE COMMITTEE COMPOSED OF THE PRESIDENT, CHAIRPERSON, VICE CHAIRPERSON, SECRETARY, AND TREASURER OF THE BOARD OF DIRECTORS. THE OPTION TO DO THIS IS ALLOWED IN THE BYLAWS OF THE FOUNDATION. IT IS OPTIONAL. THE BOARD HAS ELECTED TO EFFECT IT EACH YEAR ALTHOUGH THE EXECUTIVE COMMITTEE RARELY FINDS IT NECESSARY TO ACT IN THIS CAPACITY. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY SENIOR MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 12C DISCLOSURE STATEMENT SUBMITTED ANNUALLY BY BOARD MEMBERS AND SENIOR MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15A ANNUAL REVIEW BY BOARD COMMITTEE AND BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ADJ TO REMAINDER BENEFICIARIES 1,357 ACTUARIAL ADJUSTMENT -34,364 TOTAL -33,007