Frances Thaxton Ash Endowment

Frances Thaxton Ash left her estate in trust to Central United Methodist Church with a challenge and instructions for it to be used to help end homelessness in families.  These funds were used to establish an endowment which is now held in the Texas Methodist Foundation.  The Foundation manages a pooled investment fund for churches and church institutions.

Deposits into the Frances Thaxton Ash Endowment began on October 31, 2001.  Since inception, Saranam has moved from being fully dependent on the endowment to having it provide approximately 25% of the annual operating budget.

We are pleased to be able to say that because of the Frances Thaxton Ash Endowment, 100% of contributions to Saranam go toward program expenses as the Endowment income currently covers all administrative and fundraising costs.  Saranam operates efficiently with 81% of its expenses going directy to program.




  • Clothes Helping Kids
  • Combined Federal Campaign
  • Hancock Family Foundation
  • Lockheed Martin
  • Rotary Del Norte
  • Sandia Foundation - Hugh & Helen Woodward Grant
  • Texas Methodist Foundation
  • United Way of Central New Mexico
  • US Bank
  • Wells Fargo
  • William & Florence Thaxton Endowment Fund



  • Abbott Designs
  • Albuquerque Academy Community Builders
  • Albuquerque Community Foundation, Gorvetzian Croker Family Fund
  • Albuquerque Community Foundation, Sean Hopkins Fund
  • Albuquerque JSEC
  • Amazon Smile Foundation
  • Ansel’s Interiors
  • AOH Foundation, Ms. Linda Weil
  • Asbury Sunday School Class, Central UMC
  • Asbury UMC, UM Women
  • Association of Fundraising Professionals
  • Bair Medical Spa
  • Bank of the West
  • Bridal Elegance
  • Central United Methodist Church
  • Citi
  • Class of Promise Sunday School, Central UMC
  • Coffeemongers Inc.
  • Commercial Association of Realtors NM
  • First Presbyterian Church, Presbyterian Women
  • Frances Thaxton Ash Endowment
  • Harmony Sunday School Class, Central UMC
  • Legacy Foundation
  • Littleton UMC, Colorado
  • Madrid Accounting and Consulting, LLC
  • Midland Area Community Foundation, William and Rosella Bauman Family Fund
  • National Christian Foundation, Jeffrey and Alice Meyers
  • National Christian Foundation, Mr. & Mrs. Finley Corkern
  • Netlogx, LLC
  • NM Conference UMC, UM Women
  • Partnership Sunday School, Central UMC
  • PNM Foundation Employee Match
  • Providence Sunday School Class, Central UMC
  • Santa Fe Jazz Foundation
  • Silk Road Connection
  • T&C Management Company
  • UNM Physician Assistant Program
  • Up with People
  • Wild Rose
  • Pure Radiance Advanced Skin Care