Corona Virus Status Update
We will keep this page updated with our latest take on the COVID-19 outbreak and its impact on the United Methodist Foundation.
Coronavirus resources from umc.org
March 16, 2020
In response to state and local emergency status related to the COVID-19 virus, the North Alabama United Methodist Foundation offices on the campus of Birmingham-Southern College will be closed effective immediately through the end of March.
Voicemail and email will be monitored regularly. It is our intention to remain responsive to our churches needs for information, distributions, and deposits.
Each staff member accepts cell phone calls in the normal course of business. Please contact us as needed:
Mike O’Kelley - 205-222-1068
Jean Sandefur - 205-305-7563
Dana Aycox - 205-215-3015
These arrangements will be modified as appropriate as the situation demands.
March 12, 2020
The Methodist Foundation’s take on communication from Wespath CIO Dave Zellner
Continued volatility:
Reports infection being more widespread have resulted in
U.S. Stock Market nearly reached bear territory
6 of 11 largest price drops and 2 of largest price gains in history of Dow during in recent 12 days
Energy prices at new lows
Was it time for an adjustment anyway?
Prior to COVID-19, the U.S. economy had its longest running expansion ON RECORD.
The decade of the 2010s is the ONLY decade in the history of the nation that did not include a recessionary period.
The Coronavirus is a serious health matter that is affecting our conversations, our actions, our economy – nearly every aspect of our lives. However, this is not the first time, nor is it likely to be the last, that global health and economies will be hit. There will be struggles. There will also be recovery.
For the more information from Wespath, visit their website at www.wespath.com.