Foundation Year-End Report
The First United Methodist Foundation of Reno, Ne-vada was founded in 1971. In 2013 we recognized the faithfulness of board members Patti Hampton, Virginia Legg, and Jane McDonald who served nearly 50 total years with the Foundation!
In 2012, we hired consultant Carl Dubois to help or-ganize and focus the board on future planning. Also in 2012, the Foundation made a $2,000 gift to the Trustees to help carpet the sanctuary and followed that up in 2013 with an $800 matching grant for the Trustees to replace the sanctuary doors that were dedicated in September.
In March 2013, we held our first Friend and FUNd-raiser: Dancin' with Our Stars, New Orleans style. A dance floor put was put down in the beautifully decorated Fellowship Hall, a taste of Louisiana (including King Cake) was served while we danced to tunes from the Ron Legg and Dale Hampton jazz band with lessons from some of Reno First's own dance stars. About 100 people attended, and everyone is wondering if it is possible for the 2014 Dancin' with Our Stars, Part II, to top our debut!
In the spring of 2013, our children and youth had a Fountain of Quarters campaign that funded the Foundation's first restricted endowment; the Foundation matched the amount that was raised. We have established other restricted endowments for Missions, Music, and Preservation/Buildings.
The Foundation's corpus is around $160,000 (depending on the stock market fluctuations). Financial plan-ner David Bianchi has offered to provide a no-cost consultation with First Church folks who are interested in the tax ramifications for making charitable gifts. In the works is a Heritage/Legacy Club for those who have made a gift to the Foundation in their will or trust.
A number of people have donated money to the Foun-dation in memory of Ira Greene. Since the funds are still com-ing in, we will make a report on those generous gifts in January.
Currently the Foundation is working on board development, updating its bylaws, and implementing many of the thir-teen recommendations