Tuesday, April 8, 2014

Financial Report for March 2014

The tables below show our overall financial condition as of the end of March 2014. We a grateful for the wonderful showing of support for our ministry last month. THANKS! Unrestricted general fund donations in March of $108,193 from churches and individuals were $46,720 above the $61,473 March budget for these types of unrestricted contributions. Expenses of $80,870 were $7,132 below the $88,002 budgeted for expenses. 

As we are now in the final quarter of our fiscal year (ending June 30), we are looking to God and His people to supply what is needed to see us through the summer months when charitable giving often takes a holiday. Your gift during this quarter would be greatly appreciated. 

Remember, gifts to GPTS are tax-deductible and may include cash, securities, property or a variety of planned giving instruments. See here for information about planning your last will and testament with the Kingdom of God in mind.

Donation Income (unrestricted)$108,193
Other Income$12,891
Total Income$121,084
Net Income$40,214

Donation Income$619,317
Other Income$227,753
Total Income$847,070
Net Income$76,978

Capital Campaign Goal*$3,500,000
Long-term Pledges Outstanding$570,111
Total Received and Pledged$3,845,982
Outstanding Obligations$35,000
Monthly Interest Payment$3,424
Remaining Mortgage$691,442

*Although the formal fund-raising campaign goal has been more than realized when combining receipts to date with pledges outstanding, additional funds are needed to amortize the balance of our mortgage.

If you would like to make a convenient online donation to Greenville Seminary, click the  "Donate Online" button above. Gifts may also be mailed to: Greenville Seminary, PO Box 690, Taylors SC 29687. Whether or not you can contribute financially, here is another way you can help the seminary: Spread the Word! Do you know someone that would be interested in learning more about our organization or supporting us? If so, share a link to this newsletter or our website. Thank you for your continued support for Greenville Presbyterian Theological Seminary