UMDF Participation Rate
Through 2nd Q 2024
 3.5%
Loan rate 4.95%

Development Fund News

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Development Fund Deposit Rate Increase

We are pleased to announce that effective April 1, 2023, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 2.25%.  Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period.  The loan rate is 4.75%.

By |2023-03-31T19:09:11+00:00March 31st, 2023|Development Fund News|0 Comments

Church Building/Renovation Grants Continue!

The Board of the Development Fund for Kentucky and Tennessee and the Foundation for the Memphis and Tennessee Annual Conferences is pleased to announce the continuation of the Development Fund grant program in 2022.  Last year, this program provided 45 grants to churches and ministries in the Memphis and Tennessee Annual Conferences for a total [...]

The Reverend Dr. David Comperry to Join Foundation Staff

The UM Foundation is very pleased to announce that the Reverend Dr. David Comperry will be joining the Foundation team as field staff representative on September 1, 2017.   David P. Comperry is retiring after 45 years as a full-time pastor in the Tennessee and Memphis Annual Conferences of the United Methodist Church.  The son [...]

Development Fund Deposit Rate Increase

We are pleased to announce that effective July 1, 2017, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 1.25%.  Participation account funds are fully liquid and, unlike certificates of deposit (CD), are not locked in for a particular time period.  The loan rate will remain at 3.99%.

Christ Church Memphis presents No Whispers Spring Conference: Dealing with Shame & Forgiveness

Christ Church Memphis presents No Whispers Spring Conference: Dealing with Shame & Forgiveness Christ Church | Saturday, May 20 | 9 a.m.-3 p.m. | Wilson/Ross 415-416 Join us for a conversation on shame and redemption with Rev. Dr. Phil Jamieson, President of the United Methodist Foundation for the Memphis and Tennessee Annual Conferences. Also joining [...]

2016 Alternative Christmas Gift Catalog

2016 Alternative Christmas Gift Catalog: Choose gifts that help people in need and change lives 10/25/2016 Offer Jesus Christ to a hurting world this Christmas by choosing one or more of the below gift-giving opportunities. Memphis Conference agencies and ministries were invited to submit 2016 gift-giving opportunities by Oct. 18 for the second annual Memphis Conference Alternative Christmas Gift [...]

By |2017-06-17T17:24:29+00:00November 14th, 2016|Development Fund News|0 Comments

Lakeshore Camp and Retreat Center water park is paid off!

CANNONBALL! Wayne and Janie Hall Help Pay Off Water Park OCTOBER 25, 2016 | JDICKERSON In 2004, the pool at Lakeshore Camp and Retreat was rusty and outdated and in serious need of a face lift. After much deliberation, and a decision that it was important not only to replace but improve, the Board stepped out [...]

By |2017-06-17T17:24:29+00:00November 14th, 2016|Development Fund News|0 Comments

Council Executive Committee Affirms Unity, Moves Forward

COUNCIL EXECUTIVE COMMITTEE AFFIRMS UNITY, MOVES FORWARD July 25, 2016 Nashville, Tenn.: Meeting in Chicago last week, the Council of Bishops’ Executive Committee approved a framework for implementing the Commission on a Way Forward and took a step toward a called session of the General Conference in 2018. The Council acknowledged that the landscape of [...]