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Message from the Executive Director Sid Johnston

Thank you for visiting our website. I’m honored to be a part of this great Church and enjoy serving you as Executive Director of the Foundation.

The purpose of the Foundation is – and always will be – to assist in preserving the church’s magnificent facilities and supporting the vital programs and ministries of the church body.

If you have any questions about our Foundation, or would like to make a donation, please feel free to contact me personally. My phone and email are under the Contact Us button above.

May God bless you.

 

Sid Johnston, Blog Posting April 25, 2018:

Financial Responsibility - One of the Keys to the Foundation's Financial Success

“Poor is he who works with negligent hands, but the hand of the diligent becomes rich.”

Proverbs 10:4

Another year and another tax deadline has come and gone. Springtime is often the time of year for cleaning and putting a good foot forward for a prosperous year to come. Why not apply the same concept to your financial practices? After all, you need to gather up all your tax documents every spring to file your taxes, so you can conveniently take inventory of your finances during this time. Think of it as a deep spring cleaning for your financial prosperity.

What are some ideas for successful financial practices for your “spring cleaning”? We practice many healthy financial habits at the Foundation to ensure the safeguard of the Foundation’s money in perpetuity. Here are some ideas for you to consider applying in your own life as part of an annual examination of your financial status:

  1. Conduct a financial audit. The Foundation just concluded our annual financial audit. We engage Weaver, a local CPA firm, to audit our financials. You can choose to have a professional review your financials or to simply sit down to review the financial aspects of your life to determine that everything is running smoothly. We consider this to be one of the most important events that the Foundation conducts every year. Holding ourselves to a high financial standard, we want to ensure that we continue to practice only the highest financial business practices. In everyday life, it is an excellent financial practice to review your financials to keep track of your goals. The diligence of a yearly financial review is one of the most important keys to a lifetime of financial success.
  2. Create and maintain a budget. The Foundation creates a budget every year in November for the upcoming year. However, keeping with the spring cleaning mentality, it is essential to re-examine your budget since it has been in effect for the first quarter of the year. A key to financial success throughout the year is to be continually assessing if the budget you decided upon for the year is in fact working for you throughout the year. If you are not meeting your budget during the year, then the budget is not really working for you which in turn almost guarantees that you will not meet any goals that you established for the year. Make sure to re-evaluate your budget throughout the year and you will be on your way to financial success.
  3. Compare money strategies and pick the right option for you to achieve your financial goals. It’s a very simple concept which can produce outstanding results for your financial plan. Implementing the right amount of practices for your financials can help you build a strong financial foundation. The Foundation has initiated multiple practices to maintain a balance within our investments including using a money manager, Luther King Capital Management. To continue the success of using various money strategies, make sure you remember to review your financial plan once a year!
  4. Update your will. We recommend that you review your will every few years as your life can change from when you originally created your will. This is not necessarily a practice for generating financial success, but it will guarantee that your assets will be handled with your wishes when the unfortunate happens. Life is short, and we are never guaranteed tomorrow so updating your will every few years is a very important key in helping your family abide by your final wishes.

There are a multitude of other suggestions that can be applied to financial success, but the Foundation holds these practices as some of the highest as we strive for the highest financial success in safeguarding the Foundation’s assets. Which practices you choose to input into your financial success is your decision, but we strongly encourage you to review your financials annually to maintain your goals and ensure future success. If you would like to discuss the Foundation’s financials practices further or would like to learn more information about the Foundation in general, we can be reached through email at sid.johnston@fmcfoundation.org or by phone at 817.339.5072. We are always welcoming to share our knowledge in an effort of continual transparency with the Church.

Blog Archives:

3/14/18 Coming Together in Fellowship - Learn About the Foundation in Your Sunday School Class

12/27/17 How Truly Great Thou Are! - A Prosperous Year for the Foundation Turned into Blessings for the Church

11/16/17 Foundation Thankful Series #1 - Thankful for Helen W. Watt's Vision for the Foundation in the Future

09/15/17 Treasures of the Earth Gifted to the Foundation - A Look into the Foundation's Oil and Gas Assets

08/01/17 Have you Heard the Great News? - Halfway Check-In on the Foundation

06/15/17 Thanking the Lord for Sunshine,Children & Summertime

05/09/17 Spring Cleaning... Not Just Cleaning your Home, but Fine-tuning your Estate Planning as Well

03/31/17 Shining Light on an Overcast Path: Singing the Praises of the Methodist Justice Ministry

01/27/17 Reflect on the Past; Look Forward to the Future

11/22/16 We Are Here For You: We Call It Thanksgiving Back

10/27/16 Living the Legend of Helen W. Watt: Developing a Legacy through Mentorship

09/2/2016 Where there's a Will, There's a Way!

07/30/2016 Foundation Endowment Just Keeps on Working for the Church

06/30/2016 Legacy Giving As a Family Affair

05/27/2016 The Godliness of Clarity and Transparency

04/13/2016 Which comes first? Committment or Confidence?

03/14/2016 Foundation Dedicated to AchievingFinancial Best Practices

02/19/2016 Foundation Announces Methodist Justice Ministry Endowment

01/26/2016 All great deeds begin as little seeds

12/31/2015 Conversations & Cheer: Celebrating Our Relationships

12/17/2015 Wise Gifts

11/17/2015 Legacy of Gratitude and Giving

10/30/2015 Generations of Tradition and Support

09/28/2015 Men of Faith and Works Created Your Foundation

08/17/2015 A Tradition of Support

07/6/2015 Growing God's People in the World

06/24/2015 Foundation Funds Scholoarships, Honors Staff

05/13/2015 Wise Financial Policies

04/27/2015 Why the Foundation Exists

04/20/2015 Care, Loyalty and Obedience

02/12/2015 Clothing Ourselves in the Honor of History

12/28/2014 Building to Finish, This Year and in Years to Come

11/3/2014 Pillars of Civil Society

10/25/2014 What a Celebration!

09/24/2014 Pillars of the Community

09/11/2014 The Fifth Pillar: Music & Fine Arts

08/14/2014 The Fourth Pillar: Mission & Outreach

07/31/2014 The Third Pillar: Education

06/24/2014 The Second Pillar: Renewal Through Worship

05/20/2014 The First Pillar: Vision The Foundation at 50