Unrestricted general fund donations during September of $31,838 from churches and individuals were $32,021 below the $63,859 September budget for these types of contributions. Expenses of $70,554 were $19,361 below the $89,915 budgeted for expenses.
GENERAL OPERATING FUND - SEPTEMBER 2014
| ||
Donation Income (unrestricted)
|
$31,838
| |
Other Income
|
$33,618
| |
Total Income
|
$65,456
| |
Expenses
|
$70,554
| |
Net Income
|
–$5,098
| |
GENERAL OPERATING FUND - FISCAL 2014-15
| ||
Donation Income
|
$121,490
| |
Other Income
|
$67,682
| |
Total Income
|
$189,172
| |
Expenses
|
$247,326
| |
Net Income
|
–$58,154
|
CAPITAL FUND
| |
Capital Campaign Goal
|
$3,500,000
|
Received
|
$3,362,348
|
Long-term Pledges Outstanding
|
487,277
|
Total Received and Pledged
|
$3,849,626
|
Outstanding Obligations
|
$35,000
|
Monthly Interest Payment
|
$3,025
|
Remaining Mortgage
|
$610,817
|

Special offer:
For your special donation of $200 or more before the end of this year, GPTS would be pleased to send you a complimentary copy of Dr. Ryan M. McGraw’s new book, The Foundation of Communion with God: The Trinitarian Piety of John Owen. (Allow 4-6 weeks for delivery.)
Dr. McGraw, an adjunct professor at GPTS who will be joining the faculty full-time in 2015 teaching systematic theology, is a recognized expert on the Puritan theologian John Owen.
Remember, gifts to GPTS are tax-deductible and may include cash, securities, property or a variety of planned giving instruments. (The tax deduction is reduced by the fair market value of any premium received in return for a donation.) See here for information about planning your last will and testament with the Kingdom of God in mind.
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. (Click the tiny "M" e-mail icon at the bottom of this post.) Thank you for your continued support for Greenville Presbyterian Theological Seminary.