<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
--------------
Check here if Amendment [ ]; Amendment Number:_______
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Menno Insurance Service d/b/a MMA Capital Management
Address: 1110 N. Main St.
Goshen
IN 46528
Form 13F File Number: 28-6988
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing the Report on Behalf of Reporting Manager:
Name: Randall M. Jacobs
Title: Assistant Secretary
Phone: 219/533-9511
Signature, Place, and Date of Signing:
/s/ Randall M. Jacobs Goshen, IN 5-13-99
- --------------------- ------------------------ -------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
<PAGE> 2
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-____________ _____________________________
[Repeat as necessary.]
<PAGE> 3
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: _______________
Report Summary:
Number of Other Included Managers: - 0-
----------------
Form 13F Information Table Entry Total: $ 173,448,062
----------------
Form 13F Information Table Value Total: $ 174,800,903
----------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
No. Form 13F File Number Name
_______ 28-______________ ___________________
[Repeat as necessary.]
<PAGE> 4
<TABLE>
<CAPTION>
Menno Insurance Service, Inc.
First Quarter, 1999
ISSUER TITLE OF CLASS CUSIP FAIR MARKET VALUE SHARES INVESTMENT DISCRETION VOTING AUTHORITY
<S> <C> <C> <C> <C> <C> <C> <C>
AT & T Corp Common 001957109 $ 3,550,322 44,483 Sole Sole 44,483
Air Products & Chem Common 009158106 2,628,688 76,750 Sole Sole 76,750
Allstate Corp Common 020002101 4,050,986 109,300 Sole Sole 109,300
Alza Corp Common 022615108 258,188 6,750 Sole Sole 6,750
American Nortel Com Common 02864L104 6,600 16,500 Sole Sole 16,500
Amgen Inc Common 031162100 2,489,594 33,250 Sole Sole 33,250
Applied Materials Common 038222105 1,387,980 22,500 Sole Sole 22,500
Atlantic Richfield Common 048825103 2,159,016 29,525 Sole Sole 29,525
BP Amoco PLC Common 055622104 1,821,737 18,037 Sole Sole 18,037
Bank One Corp Common 06423A103 3,473,374 63,080 Sole Sole 63,080
Bell Atlantic Corp Common 077853109 2,903,987 56,183 Sole Sole 56,183
Biomet Inc Common 090613100 2,013,024 48,000 Sole Sole 48,000
Boston Scientific Co Common 101137107 2,648,750 65,200 Sole Sole 65,200
Bristol-Myers Squibb Common 110122108 2,779,306 43,342 Sole Sole 43,342
Callaway Golf Comp Common 131193104 1,246,757 122,375 Sole Sole 122,375
Central Newspapers Common 154647101 3,461,100 111,200 Sole Sole 111,200
Chubb Corp Common 171232101 2,584,092 44,125 Sole Sole 44,125
Cincinnati Bell Inc Common 171870108 1,346,280 60,000 Sole Sole 60,000
Cisco Systems Inc Common 17275R102 1,060,022 9,675 Sole Sole 9,675
Compaq Computer C Common 204493100 1,387,934 43,800 Sole Sole 43,800
Dayton Hudson Co Common 239753106 1,665,625 25,000 Sole Sole 25,000
Dionex Corp Common 254546104 2,423,550 64,200 Sole Sole 64,200
Duke Realty Investm Common 264411505 470,850 21,900 Sole Sole 21,900
El Paso Energy Corp Common 283905107 1,500,379 45,900 Sole Sole 45,900
Eli Lilly & Co Common 532457108 1,358,000 16,000 Sole Sole 16,000
Emerson Electric Co Common 291011104 1,848,860 34,925 Sole Sole 34,925
Ensco International Common 26874Q100 466,621 35,050 Sole Sole 35,050
Fastenal Company Common 311900104 2,443,891 69,700 Sole Sole 69,700
Federal Home Loan M Common 313400301 4,590,771 80,100 Sole Sole 80,100
Federal National Mtg Asso Common 313586109 4,601,663 66,450 Sole Sole 66,450
</TABLE>
1 of 3 Pages
<PAGE> 5
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
First Data Corp Common 319963104 4,370,119 102,225 Sole Sole 102,225
Gannett Co Common 364730101 1,741,950 27,650 Sole Sole 27,650
Gillette Company Common 375766102 3,649,493 61,400 Sole Sole 61,400
Global Marine Inc Common 379352404 1,762,500 150,000 Sole Sole 150,000
Hewlett Packard Co Common 428236103 3,280,454 48,375 Sole Sole 48,375
Intel Corp Common 458140100 3,007,538 25,300 Sole Sole 25,300
Ionics Inc Common 462218108 3,071,244 101,950 Sole Sole 101,950
Johnson & Johnson Common 478160104 3,003,688 32,125 Sole Sole 32,125
Kellogg Co Common 487836108 1,735,689 51,332 Sole Sole 51,332
Keycorp Inc Common 493267108 1,594,464 52,600 Sole Sole 52,600
Kimberly Clark Corp Common 494368103 1,886,360 39,350 Sole Sole 39,350
Lowe's Companies Common 548661107 2,575,788 42,575 Sole Sole 42,575
MCI Worldcom, Inc Common 55268B106 2,289,354 25,850 Sole Sole 25,850
MCN Corp Common 55267J100 1,489,442 92,725 Sole Sole 92,725
Masco Corp Common 574599106 2,719,063 96,250 Sole Sole 96,250
May Department Sto Common 577778103 445,986 11,399 Sole Sole 11,399
Medtronic, Inc. Common 585055106 3,917,188 54,500 Sole Sole 54,500
Merck & Co Inc Common 589331107 3,549,057 44,294 Sole Sole 44,294
Morton International Common 619335102 1,933,050 52,600 Sole Sole 52,600
Pep Boys-Manny Mo Common 713278109 254,980 16,720 Sole Sole 16,720
Pepsico Inc Common 713448108 3,504,387 89,425 Sole Sole 89,425
Petroleum Geo-Servi Common 716597109 2,594,788 170,150 Sole Sole 170,150
Pitney Bowes Inc Common 724479100 3,026,531 47,475 Sole Sole 47,475
Procter & Gamble Co Common 742718109 2,752,058 28,100 Sole Sole 28,100
R & B Falcon Corp Common 74912E101 258,534 29,975 Sole Sole 29,975
SBC Communication Common 78387G103 4,019,521 85,181 Sole Sole 85,181
Sara Lee Corp Common 803111103 2,638,350 106,600 Sole Sole 106,600
Schlumberger Ltd Common 806857108 645,516 10,725 Sole Sole 10,725
Seagate Technology Common 811804103 1,419,024 48,000 Sole Sole 48,000
Sigma Aldrich Corp Common 826552101 4,320,225 147,700 Sole Sole 147,700
Sonoco Products Common 835495102 1,509,973 65,651 Sole Sole 65,651
St Jude Medical Inc Common 790849103 1,969,500 80,800 Sole Sole 80,800
Sun Microsystems In Common 866810104 281,392 2,250 Sole Sole 2,250
Sysco Corp Common 871829107 1,862,960 70,800 Sole Sole 70,800
Tellabs, Inc Common 879664100 2,086,963 21,350 Sole Sole 21,350
</TABLE>
2 of 3 Pages
<PAGE> 6
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
Texas Instruments In Common 882508104 2,225,681 22,425 Sole Sole 22,425
Thomas & Betts Corp Common 884315102 3,615,439 96,250 Sole Sole 96,250
Transocean Offshore Common 893817106 1,296,585 45,000 Sole Sole 45,000
US Filter Corporation Common 911843209 7,197,641 235,025 Sole Sole 235,025
Wabash National Co Common 929566107 2,626,088 225,900 Sole Sole 225,900
Wells Fargo Company Common 949746101 3,155,670 90,000 Sole Sole 90,000
Williams Companies Common 969457100 4,077,388 103,225 Sole Sole 103,225
Xerox Corp Common 984121103 3,458,494 66,350 Sole Sole 66,350
Total Aggregate Amount $174,800,903
</TABLE>
3 of 3 Pages
