Foundation Operations
The Foundation is a separate 501(C) (3), Tax ID 33-0467521, nonprofit, religious corporation, dedicated to the religious, charitable, and educational activities of the La Jolla United Methodist Church. The Foundation is governed by a volunteer Board of Directors nominated by the Charge Conference consisting of a President, Treasurer, Secretary and two other Directors.
The Foundation Board places the gifts received in conservative investments and recommends a yearly amount which can prudently be used for Church ministries and still retain the principal. The Board retains San Diego Foundation for portfolio counsel and assistance. The annual portfolio fee is less than one percent including financial adviser support.
Foundation Funds
The Foundation encourages gifts from members and friends of the La Jolla United Methodist Church. The LJUMC Foundation has benefited for many years from generous donations, memorials, and legacy gifts to fund programs such as these:
- Support for children/youth/young adult religious education activities and other children and youth programs including the Church’s Boy Scout Troop and its outdoor activities, and the treatment of troubled youth
- Support for the Fireside Library and library services
- Support to augment the Church’s Maintenance and Repair Funds
- Support to augment the Church’s Mission activities including work teams and missionaries
- Scholarships for children in our Nursery School and financial aid for Church Seminary and other Christian Education students
- Support for Nursery School Facility improvement
- Supplemental funds to enhance the Church choirs, instrumental needs, and special music programs
- Financial support of elderly Church members in need
- Discretionary funds to support special requests, and/or the general ministries of the Church
Become a Foundation Donor
A Church member or a friend of the Church may contact Pastor Bob or Pastor Derek, or any member of the Foundation Board of Directors (current Directors are Betsy del Pozo, Steve Gray, Don Lincoln, Rebecca Cosford, and Rebecca Tseng-Smith) at 858-454-7108, 6063 La Jolla Blvd for additional information.
A Donor Form/Checklist is available at the Church Office. Donors should also contact their personal financial or legal advisors for estate and gift planning. A Donor may make a legacy gift in several ways including:
- A gift of money, securities, or property
- A beneficiary designation in a Donor’s life insurance policy, annuity, or retirement account
- A bequest in a Donor’s will or trust
Your Foundation gifts can grow to provide legacy funding far into the future!