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The Methodist Foundation for Arkansas

LITTLE ROCK, AR EIN: 71-0525462 Website

The Methodist Foundation for Arkansas is a 501(c)(3) religious nonprofit organization established in 1963 to support Methodist ministries across Arkansas. Headquartered in Little Rock, the Foundation creates and administers permanent charitable endowments that strengthen and expand Methodist ministries throughout the state. The organization operates as a public charity with donor-advised funds and maintains a network of relationships with over 170 churches across Arkansas.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$226.4M

+4.3% YoY

Annual Giving

$1.3M

-5.0% YoY

Grant Count

50

+47.1% YoY

Avg Grant Size

$26K

-35.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Methodist Foundation for Arkansas establishes and manages charitable funds to strengthen and expand Methodist ministries across Arkansas. By offering financial resources, the Foundation empowers Arkansas Methodist churches, individuals, and organizations to make a difference in the lives of others.

Primary Focus Areas:

  • Clergy and lay leadership development
  • Hunger relief and food security
  • Children's ministries
  • Support for the Arkansas Conference of the United Methodist Church and various churches within the Conference
  • Educational support, including funding for Philander Smith University (an HBCU sponsored by the United Methodist Church) to provide quality education regardless of race, religion, sex, national origin, or ethnic background
  • Community health initiatives, including support for the University of Arkansas for Medical Sciences' 12th Street Clinic

Grantmaking

The Foundation operates a robust grant administration program through its Grant Administration Committee. In 2025, the Foundation demonstrated significant grantmaking activity:

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Geographic Focus

Where this funder awards grants

The Methodist Foundation for Arkansas focuses exclusively on Arkansas, working with churches and Methodist-related institutions throughout the state.

Grant Distribution by State

5states

Cities

AlpenaArkadelphiaAtlantaBayBella VistaBentonBentonvilleClarksvilleClintonConwayDequeenDoverEl PasoFairfield BayFayettevilleFort SmithGlenviewGoshenGreen ForestHot Springs

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $226 million
  • Total Revenue: $6.75 million
  • Total Expenses: $3.5 million
  • Total Liabilities: $117 million

As of 2023:

  • Total Assets: $217 million
  • Total Revenue: $6 million
  • Total Expenses: $3.6 million

Historical Growth:

  • Founded in 1963 with initial assets of $100,000
  • Assets grew to over $190 million by 2020
  • Currently manages over $200 million in assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M20202021202220232024
Metric202420232022
Total Assets$226,412,419$217,049,129$198,653,001
Revenue$6,749,250$6,030,554$8,307,370
Expenses$3,502,468$3,605,185$3,618,153
Qualifying Distributions
Net Investment Income$3,041,496$2,028,936$3,543,205
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$383K$767K$1M$2M15 grants202027 grants202132 grants202234 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Arkansas Conference UMC$418KMt Eagle Retreat Center$65KHendrix College$50KPhilander Smith University$50KMountain Home Food Bank$40KMethodist Family Health$38KThe Manna Center$35KImagination Library$30KWesley College - Tanzania$30KThe Centers$25K

Grant Size Distribution

158 grants across all recorded years

134<$50K11$50–100K8$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Rev. J. Wayne Clark – President and CEO
  • Jim Argue, Jr. – Former President and CEO (joined in 1981 when assets were $100,000)
  • Cathy Hall – Contact person listed

The Foundation is supported by a nine-person staff and a network of consultants and advisors who assist in audit, investments, legal affairs, and technology.

Compensation Overview

From 2024 IRS filing

Rev J Wayne ClarkPresident and CEO$221KMr Clarence E TriceSenior Vice President and CFO$173KRev Lynn KilbourneDirector of Development$110K

From 2024 filing

NameTitleHoursCompensation
Rev Andrea CummingsBoard of directors
Dr Debby FiserBoard of directors
Rev JJ GallowayBoard of directors
Mr Sam GibsonBoard of directors - Chairperson5
Rev Phil HathcockBoard of directors - secretary
Mr Bert KellBoard of directors - vice chairperson
Mr Bill KincaidBoard of directors
Mr Eddie MartinBoard of directors
Rev Ronnie Miller-YowBoard of directors
Mr Gary NutterBoard of directors
Ms Loria OliverBoard of directors
Mrs Jill PenickBoard of directors
Mrs Jan PughBoard of directors
Rev Bud ReevesBoard of directors
Rev Judy RuddBoard of directors
Mr Steve ShultsBoard of directors
Mr Dewitt SmithBoard of directors
Dr Calvin WhiteBoard of directors
Rev J Wayne ClarkPresident and CEO40$220,500
Mr Clarence E TriceSenior Vice President and CFO40$172,600
Rev Lynn KilbourneDirector of Development40$110,400

Recent News & Activity

Recent developments and announcements

2025

**Q3 2025:** The Grant Administration Committee awarded 25 grants, bringing year-to-date total to $1.9 million, exceeding the previous year's full 12-month total of $1.8 million

Methodist Foundation for Arkansas disburses nearly $2 million in grants -
2023

**2023:** Received a $1.24 million grant from Lilly Endowment

Methodist Foundation for Arkansas disburses nearly $2 million in grants -

The Foundation continues to expand its grant ministry through monthly meetings of the Grant Administration Committee

Methodist Foundation for AR Announces Grants Made in Q1 2025

Contact Information

  • Address: 601 Wellington Village Road, Little Rock, AR 72211-2294
  • Phone: 501-664-8632
  • Website: methodistfoundationar.org
  • EIN: 71-0525462
  • Tax-Exempt Status: 501(c)(3), tax-exempt since July 2006

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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