Foundation News: May 2024

Financial Well-Being Grants Available

ATTENTION UNITED METHODIST PASTORS: the Foundation is thrilled to announce we are once again offering financial relief to clergy in Iowa!

In partnership with Wespath and their Clergy Financial Well-Being Initiative, IUMF is offering a limited number of $500 grants. In order to be considered for a grant, submit an application by July 31st. 2024.

Eligibility requirements:

  1. You must be a clergy person who is a minority and/or who works in an under-served community.
  2. You must serve the Iowa Conference of the United Methodist Church.
  3. If you received a Covid Recovery Grant last year, you are still eligible! Just submit a new application.

Learn more.

Attention Scholarship Applicants:

You must electronically accept your scholarships (and complete any required follow up) by the end of the day TOMORROW - Friday, May 31st.

Please email with questions. Any unclaimed scholarships will be released to alternates.

New RIFT Law Passed in Iowa

On May 3rd, 2024, Iowa became the first state in the nation to pass RIFT legislation protecting charities. The RIFT (Release IRA Funds Timely) movement is growing across the United States in response to alarming delays thcharitable organizations often face when they attempt to collect gifts left by donors who have passed away. This law aims to make it easier for charities to get claims paid and fulfill their donors' wishes.

IUMF's partner firm Thompson & Associates, who helped in getting this bill passed, is hosting a complimentary webinar about this new law and what it means for Iowa charities. The webinar will be held Monday, June 10th at 10:00am CST. Register here.

More Resources: Stelter: Heartwarming Stories from Nonprofit Leaders

Wespath: Q1 Key Takeaways

Iowa United Methodist Foundation
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