United Methodist General News

The Board of Directors of the United Methodist Foundation for the Tennessee-Western Kentucky Conference and Development Fund of TN/KY, Inc. announces that the Reverend Dr. David O. Weatherly has been chosen to be the new President/CEO of the Foundation and Development Fund.  Dr. Weatherly follows the Reverend Dr. Philip D. Jamieson, who has served in [...]

We are pleased to announce that effective April 1, 2024, the United Methodist Development Fund will raise the interest rate paid on participation accounts to 3.50%.  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 4.95%.

The Board of the Development Fund for Kentucky and Tennessee and the Foundation for the Tennessee-Western KY Conference is pleased to announce the establishing of a new grant program.  These grants are to aid churches or affiliated Conference entities with building or renovation projects.  The criteria are as follows: The project must contribute directly to [...]

January 16, 2024 Q4 2023 Colony Market Perspectives 2023 was a reminder of how common it is for investment markets to confound the greatest number of investors. Most prognosticators entered 2023 predicting that inflation would remain sticky and that the Federal Reserve’s (Fed’s) epic monetary tightening campaign would push the economy into a recession. This [...]

October 17, 2023 Q3 2023 Colony Market Perspectives Introduction Equity markets declined during the third quarter following a surprisingly strong first half of the year. Investors had started to warm to the idea that the Federal Reserve (Fed) was successfully guiding the U.S. economy towards a soft landing, which would ultimately allow the Fed to [...]

Q2 2023 Colony Market Perspectives July 13, 2023 Q2 2023 Colony Market Perspectives The rally in equities continued unabated during the second quarter, discrediting those prognosticators that were calling for a difficult first half of the year. The banking sector, which emerged as an issue during the previous quarter, had another casualty, as First Republic [...]

CLICK HERE to read the UM Foundation 2022 Annual Report 2022 Annual Report-FINAL

Dear Clients and Friends, 2022 was a challenging year for investors, as both equities and bonds posted losses. Most stock markets across the world experienced a bear market during the year. Despite less exposure to the turmoil caused by Russia, U.S. stocks underperformed international stocks, with the S&P 500 Index and MSCI ACWI ex U.S. [...]

Dear Clients and Friends, Investment markets got off to a promising start in the third quarter before ending with a thud. After a challenging first half of the year, risk assets began a recovery in mid-June with the S&P 500 rising 17.4% between June 16 and August 16. Bonds also staged a rally with the [...]