Heartspring Methodist Foundation Funds Dreams that Spring from the Heart
The generous and glorious return on investment – of time and resources – is among the reasons HeartSpring Methodist Foundation’s President and Chief Executive Officer loves showing up for work.
“I love going to my job, because 90 percent of my time is spent with churches or other people who want to help other people and do things to the glory of God,” said Rev. C.J. Taylor, who has served the people of the Texas Annual Conference through its foundation for 14 years.
With more than $77 million under management, HeartSpring helps people help others through gifts to local churches, U.M. A.R.M.Y., Partners in
In 2010, HeartSpring’s grants and charitable distributions totaled approximately $776,000. Scholarships comprise roughly 27 percent of the grants, with more than $70,000 gifted to seminary students alone. Building, general, church programs, and unrestricted distributions each represent approximately 15-17 percent of the foundation’s disbursements.
The HeartSpring team values every gift which comprises its multi-million dollar portfolio – including the most modest of contributions.
Among the individual donors, who have valued the transformative power of education so much that they endowed scholarships, are retired school teacher Mrs. Alyce Christian and Rev. Thomas Davis.
“He was very appreciative of
Another example of how HeartSpring multiplies the extravagant generosity of individual Texas Conference members can be found in Mrs. Alyce Christian, who has funded multiple scholarships over the years.
“Mrs. Christian said: ‘I know the value of getting an education,’”
Cycle of Generosity
It seems that generosity begets generosity.
HeartSpring’s goal: to create more resources for you to do more good, from building and expanding churches and funding ministries to leaving charitable legacies and advancing causes that make a lasting difference.
“When you establish a permanent endowment for whatever goals – scholarships, evangelism, supporting your university or young clergy recruitment and training – it allows a person to care forever,”
One example of planned, legacy giving
In addition to partnering with churches, HeartSpring works with individuals, such as this doctor, to tailor and grow investments that help support God’s work. The foundation also serves annual conference institutions such as
“A lot of people don’t realize there is a ministry that is there to help them with Extravagant Generosity in numerous ways,”
HeartSpring has more than 1,100 clients and accounts – ranging from the Sunday school class with $23 to accounts in excess of $1 million.
Additionally, the ministry is self funding. Although HeartSpring does not receive apportionments, it disburses nearly $1 million per year to ministries within the TAC. Methodist Children’s Home and universities outside the bounds of the conference benefit; but the clear majority of HeartSpring managed funds is spent within the TAC. (As a “third party fiduciary,” HeartSpring manages its clients’ money and distributes checks.)
A spirit of generosity is the foundation upon which the foundation operates. While HeartSpring is committed to helping others create a legacy of giving, what does the foundation hope its legacy will be?
“We changed our name in 2009…the name comes from the fact that we are helping to fund the dreams that spring from the heart,”