BETHEL HERITAGE FOUNDATION OF SAN FRANCISCO

BETHEL HERITAGE FOUNDATION OF SAN FRANCISCO THE MISSION OF BETHEL HERITAGE FOUNDATION OF SAN FRANCISCO (BHF) IS TO RAISE, MANAGE, AND ADMINISTER FUNDS TO SUPPORT ADVANCEMENT OF THE MISSION OF BETHEL AFRICAN METHODIST EPISCOPAL CHURCH OF SAN FRANCISCO (BETHEL AME CHURCH). BHF WAS FORMED IN PART TO (1) CREATE A SEPARATE FUNDRAISING FUNCTION FROM BETHEL AME CHURCH IN ORDER TO INCREASE THE EFFECTIVENESS AND FOCUS OF THE FUNDRAISING IN SUPPORT OF THEIR COMMON MISSION AND TO ALLOW BETHEL AME CHURCH TO FOCUS ON ITS RELIGIOUS PROGRAMS; (2) SERVE AS A VEHICLE FOR ASSET PROTECTION WITH A DIFFERENT RISK PROFILE FROM BETHEL AME CHURCH; (3) SEPARATE ENDOWMENT FROM OPERATIONAL FUNDS, WHICH MAY HAVE SEPARATE INVESTMENT STRATEGIES; AND (4) PROVIDE FLEXIBILITY IN OPERATIONS.