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Celebrating Louise Hintze's Retirement After 11 Years of Faithful Service

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On Monday, January 30, 2023, the Georgia United Methodist Foundation staff and David Duke, the Foundation’s finance/audit committee chair and immediate past chair of the board of trustees, gathered together in gratitude to honor Louise Hintze on the occasion of her retirement.

While serving as executive administrative assistant to the president and CEO, Louise also provided critical support to the Foundation’s board of trustees and other committees by preparing for meetings and helping to maintain important records and information.

“Louise’s faithful service to the Foundation spans more than a decade,” shared Mathew A. Pinson, Foundation president and CEO. “She is an amazing colleague and friend. But, most importantly, she is a person of deep faith.”

Louise adds, “I am so grateful for all of you. You have each touched me deeply in your own special way. Thank you for sharing with me all these years. I will miss you a lot.”

Please feel free to direct a card or personal note to the attention of Louise Hintze at info@gumf.org or the Georgia United Methodist Foundation, PO Box 922087, Peachtree Corners, GA 30010-2087. We will be sure she receives each note.

Posted: January 31st, 2023 | Permalink

The Georgia United Methodist Foundation is Seeking a Deputy Controller

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The Georgia United Methodist Foundation in Peachtree Corners, Ga. is seeking a Deputy Controller who will report to the Chief Financial Officer and Controller.

SUMMARY:

The Deputy Controller is responsible for account maintenance, receivables and payables in the Investment Trust Management System (FIS/SunGard Charlotte) for the Georgia United Methodist Foundation and its clients. In this role, the Deputy Controller will prepare deposits, disbursements, and various accounting entries for the Foundation’s financial reporting and administration; assist the Controller and the staff of the Loan Program in the administration of the Foundation’s Loan Program and Certificate Program; and keep account files organized and up to date.

REQUIREMENTS:

  1. A Bachelor’s degree and related accounting experience
  2. Understanding of Church structure as it relates to the North and South Georgia Conferences
  3. Commitment to The United Methodist Church and the Methodist family of Georgia
  4. Proficiency with Microsoft Word, Excel and Access
  5. Familiarity with accounting software, such as Sage 50 Accounting
  6. Commitment to teamwork and leadership
  7. Detail oriented, self-starter
  8. Strong customer service skills
     

RESPONSIBILITIES - RECEIPT:

  1. Process and record deposits in Investment Management Trust System (FIS/SunGard Charlotte)
  2. Scan checks for deposit to related bank accounts for contributions to Investment Trust Management system.
  3. Send correspondence via email or letter to client for receipt confirmation
  4. Process Development Fund Certificates and mail related statements and other paperwork to clients.
  5. Process stock gifts including recording of stock transfer, computing gift values for tax substantiation letters and distribution of net proceeds to clients
  6. Prepare all tax substantiation letters for gifts of cash and stocks
     

RESPONSIBILITIES - DISTRIBUTION:

  1. Process checks, ACHs and transfers for distributions from all accounts in Investment Management Trust system
  2. Prepare letters and correspondence for distribution checks, wire transfers, etc.
  3. Setup and maintain Trust Master in SunGard for all scheduled distribution transactions
  4. Process and record operating payments for Foundation administrative and office expenses
  5. Set up or approve ACH and Bill Pay transactions on Operating bank account
     

RESPONSIBILITIES – INVESTMENTS:

  1. Enter purchase and sale investment transactions at investment manager portal (Wespath Institutional Investments)
  2. Update Wespath daily unit prices into Investment Trust Management System]
     

RESPONSIBILITIES - REPORTING:

  1. Maintain and update list of client accounts, addresses, and other information in FIS/Charlotte, Excel and Access
  2. Set up new trust and investment accounts in Investment Trust Management system
  3. Set up Investment Trust Management system for daily overnight processing
  4. Provide secondary support for the preparation of account statements
  5. Maintain records and provide support for the accounting requirement for the Foundation for Retired Ministers of the North Georgia Conference
     

OTHER DUTIES AND RESPONSIBILITIES:

  1. Secondary support for the Foundation’s Loan Program and related activities
  2. Assist in the preparation of reports and documentation for the annual audit of the Foundation
  3. Other duties and responsibilities as assigned from time-to-time
     

APPLICATIONS

Download the job description here. Please submit your cover letter and resume no later than Monday, February 27, 2023 to:

Russell Jones
Senior Vice President/Chief Financial Officer/Treasurer
rjones@gumf.org

Click here to learn more about the Foundation's purpose and mission.

Posted: January 30th, 2023 | Permalink

Certificate Investments with a Missional Impact

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Your investment in the Georgia United Methodist Foundation’s Certificate Program enables churches and nonprofits to expand their missional impact in their community while being better stewards of the resources entrusted to them by God.

HIGHEST RATES IN 10 YEARS*

1-Year = 3.00%

2-Year = 4.00%

3-Year = 3.75%

4-Year = 3.50%
 

Contact Us

For more information, please:

1. Visit our Certificate Program Offering Circular and Application Page

2. Review our Certificate Investments Brochure

2. Contact the Foundation at 770-449-6726 or info@gumf.org.

*Rates as of February 2023. All rates are subject to change without notice. Please contact the Foundation at 770-449-6726 for current rates. Georgia United Methodist churches, nonprofits, individuals, and families must invest a minimum of $5,000. Certificates are not insured by the FDIC or any other government agency and are not obligations of or guaranteed by a bank. This ad constitutes neither an offer to sell nor a solicitation to buy the securities described. Offers are made only after receiving and reviewing an Offering Circular.

Posted: January 25th, 2023 | Permalink

Wespath Institutional Investments Q4 2022 Quarterly Review

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The Georgia United Methodist Foundation is pleased to provide you with this exclusive Investment Quarterly Review. The Foundation is the exclusive distributor of the I Series of the Wespath Institutional Investments (Wespath) funds to United Methodist entities within the State of Georgia.


Market and Wespath Fund Performance¹

  • Fund Performance: Net of Wespath-fees performance through December 31, 2022, is available here. Wespath’s December Monthly Investment Report covers fund performance, as well as the latest market and economic developments. The report is available here.

  • Q4 Market Takeaways, Wespath’s 2022 Year-in Review, and Key Questions for 2023: In a year defined by persistently high inflation, global conflict, supply chain challenges and tumultuous market conditions, the positive numbers seen in the fourth quarter were a breath of fresh air for investors and consumers alike. Joe Halwax, Wespath Managing Director, Institutional Investment Services, recaps all this in his robust fourth quarter commentary and year-end review. Joe also looks ahead to the key factors that will affect the 2023 landscape.

  • Q4 Market Takeaways and 2022 Review Video: In Wespath’s latest quarterly recap video, Frank Holsteen, Managing Director, Investment Management, reviews the major investment news from Q4, highlights key themes from 2022, and shares the important factors investors will be watching in 2023.


New Thought Leadership on Wespath's Investment Insights Blog


Wespath Video Resources

  • Unscripted—Arindam Bhattacharjee of Genesis Investment Management: Mark Warren, Wespath Manager, Public Equities, spoke with Arindam Bhattacharjee, Managing Partner at Genesis Investment Management, a boutique asset manager specializing in emerging market equities. Arindam shared how Genesis identifies opportunities and detailed why governance is a key element of the firm’s success.

  • Unscripted—Alan Hsu from Wellington Management: Mark Warren, Wespath Manager, Public Equities, sat down with Alan Hsu of Wellington Management to discuss the firm’s investment strategy, which has a dedicated sustainable investment focus.


1 Historical returns are not indicative of future results. The Wespath investment funds are neither insured nor guaranteed by the government. For more information about the funds, please see the Investment Funds Description – I Series

2 Wespath Benefits and Investments implements the sustainable investment strategies for investment funds made available through it and its subsidiaries, including Wespath Institutional Investments.

Copyright © 2023 Wespath Institutional Investments (Wespath), affiliated with The United Methodist Church.

Wespath Institutional Investments is located at 1901 Chestnut Ave., Glenview, IL 60025.

Posted: January 18th, 2023 | Permalink

Not Another New Year Post!

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By Mathew A. Pinson, Georgia United Methodist Foundation President and CEO

How many posts have you read about New Year’s resolutions, plans for 2023, or projections and prognostications about the coming year? Too many, I expect.

When I was growing up, my father and grandfather would say, “If you are on time, you are late!” I believe we arrived in 2023 precisely on time. So, let’s think beyond 2023 for a few minutes.

The best leaders I know do not live in the present—they live years, even decades, into the future. These leaders know how to balance competing interests. They know how to cast a hopeful, inspiring, and lasting vision. And they understand how to focus themselves and their teams on what matters most. Above all, these leaders understand what their priority is and how to remain focused on the priority!

It is essential to understand that the word priority once meant something other than what it does today. In Greg McKeown’s best-selling book, “Essentialism: The Disciplined Pursuit of Less” (Crown Business, New York, 2014), he explains the surprising history of the word priority and how its meaning has shifted over time. McKeown notes:

“The word priority came into the English language in the 1400s. It was singular. It meant the very first or prior thing. It stayed singular for the next five hundred years. Only in the 1900s did we pluralize the term and start talking about priorities. Illogically, we reasoned that by changing the word we could bend reality. Somehow, we would now be able to have multiple “first” things. People and companies routinely try to do just that. One leader told me of this experience in a company that talked of “Pri-1, Pri-2, Pri-3, Pri-4, and Pri-5.” This gave the impression of many things being the priority but actually meant nothing was.”

Church and nonprofit leaders understand what it means to balance competing demands—demands that become tasks—tasks that become competing priorities. At times, this balancing act can be paralyzing. I find that it is most important to name the purpose and mission of the organization as the priority. When leaders follow this practice, they are better able to give full attention to the action plans that drive the organization forward. Although this concept may not seem like a big deal, it is!

At the Georgia United Methodist Foundation, our work is anchored by our purpose and mission, which is not replicated by any other financial institution available to Methodists in Georgia. The Foundation’s purpose is to partner with churches, nonprofits, individuals, and families in direct support of the ministries and mission of the church. In this way, we are a ministry partner as we seek to live out our mission to provide faith-based financial solutions for investing, lending, training, and planned giving.

For some leaders, 2023 is just beginning, while for other leaders, 2023 is nearly over, and they are already thinking about 2024, 2025, and beyond. Therefore, I encourage you to enter this new calendar year with a clear understanding that your church or nonprofit’s priority is its purpose and mission! Once this is clear, you can then focus considerable efforts on developing and implementing action plans that focus well beyond the limits of a standard desk calendar!

Posted: January 16th, 2023 | Permalink