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.


2017 Grants


ABQ Involved

Albuquerque Academy Community Builders

Albuquerque Community Foundation

Albuquerque Community Foundation – Future Fund Mini-grant

Bank of Albuquerque

Bank of America

Bank of the West

Blue Cross Blue Shield of NM


Clothes Helping Kids

Del Norte Rotary

Frederick H. Leonhardt Foundation

Hancock Family Foundation

Life is Good

Lockheed Martin

Peace with Justice Fund, NM Conference UMC

PNM Centennial grants

Sandia National Laboratories

Texas Methodist Foundation

United Way

US Bank

Wells Fargo



  • Albuquerque Community Foundation, Gorvetzian Croker Family Fund
  • Albuquerque Community Foundation, Ruchard & Linda Eitzen Fund
  • Amazon Smile Foundation
  • Ansel’s Interiors
  • Bank of America Charitable Foundation, Employee match
  • California Pizza Kitchen
  • Central United Methodist Church
  • Citi
  • Coldwell Banker Legacy
  • Commercial Association of Realtors NM
  • Congregation B'Nai Isreal
  • Davita
  • Friendly Lunch Bunch, Central United Methodist Church
  • Frances Thaxton Ash Endowment
  • Harmony Sunday School Class, Central United Methodist Church
  • Healthcare Services Corporation, Employee Match
  • Legacy Foundation
  • Listen To Your Mother Show
  • Madrid Accounting and Consulting, LLC
  • Midland Area Community Foundation, William and Rosella Bauman Family Fund
  • National Christian Foundation, Mr. & Mrs. Finley Corkern
  • Network for Good Giving Tuesday Match
  • PNM Foundation Employee Match
  • Providence Sunday School Class, Central United Methodist Church
  • Rotary Del Sol Foundation
  • Santa Fe Jazz Foundation
  • Silk Road Connection, Berdel Boulanger
  • St. Paul's United Methodist Church, United Methodist Women