MANAGING GOD’S MONEY FOR GOD’S MINISTRY

Michael and Lyssa Galy (FUMF/Tita Parham)

New FSU/TCC Wesley Foundation building (FSUWF/Mike Toluba)

Memorial UMC, Fernandina Beach, under construction (MUMC)

Michael Galy is an accountant, so he knows a thing or two about fi nances and investing. And he’s a lifelong Methodist, so he also knows about giving and serving.

He’s using that expertise at Fulford United Methodist Church in North Miami Beach, where he’s been helping the church use its fi nancial resources wisely since 2008. “If your church knows you’re a CPA, it doesn’t take long to be asked to be on the fi nance committee,” he said. That’s where he learned about the Florida United Methodist Foundation’s Development Fund. And when he saw the interest rate investors earned, the CPA in him said it was a good investment for both the church and individuals like him and his wife, Lyssa, a local high school teacher. It was so good, he convinced his 85-year-old mother to invest when she complained about poor returns on her accounts. The fund provides low-interest loans to United Methodist churches and agencies for renovations, new construction and loan refi nancing. At the same time, individuals and organizations investing in the fund receive a competitive interest rate. “I like to think we are being good stewards of God’s money,” Galy said. “It’s all his money anyway, and I think God would be happy for us to manage God’s money for God’s glory.”

“I have no question that being on the fi nance committee, learning about theDevelopmentFund was allGod’s plan. …We’re going tobe able tomanage morefor God, andat the same time,God’s ministry is expanded. I see it as a win-win everywhere alongthe way.”— Michael Galy, Development Fund investor

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