Monday, December 8, 2014

Financial Report for November 2014

The tables below indicate our financial situation as of the end of November 2014. Unrestricted general fund donations during November of $60,196 from churches and individuals were $3,663 below the $63,859 November budget for these types of contributions. Expenses of $47,471 were $42,444 below the $89,915 budgeted for expenses. We are grateful for a second consecutive month with a positive net balance. Our thanks to all who gave generously in November. In addition, we received $913 toward our Capital Fund in November.

Our annual year-end financial campaign has begun. See here for a ministry progress report from President Pipa, and prayerfully consider what you might do to help sustain GPTS through the end of 2014.

 GENERAL OPERATING FUND -  NOVEMBER 2014
fundraising ideas for schools, churches, and youth sports teams
Graph shows donation income (lower figure) vs. budget for November 2014

 Donation Income (unrestricted)
$60,196 
 Other Income
$9,910 
 Total Income
$70,106 
 Expenses
$47,471 
 Net Income
$22,635 
 GENERAL OPERATING FUND -  FISCAL 2014-15
Donation Income
$226,188 
Other Income
$125,124 
Total Income
$351,312 
Expenses
$382,375 
Net Income
–$31,063 

 CAPITAL FUND
 Capital Campaign Goal
$3,500,000 
 Received
$3,394,138 
 Long-term Pledges Outstanding
$286,694 
 Total Received and Pledged
$3,680,832 
 Outstanding Obligations
$35,000 
 Monthly Interest Payment
$3,000 
 Remaining Mortgage
$580,817 


 

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.





If you would like to make a convenient online donation to Greenville Seminary, click the "Donate" button above. Gifts may also be mailed to: Greenville Seminary, PO Box 690, Taylors SC 29687.

THE GPTS ADVANCEMENT INITIATIVE

From now until the end of 2015, Greenville Seminary urges you to join in our critical-needs Advancement Initiative by donating and enlisting a team of fellow supporters. Here's how it works:

Click on this link and then either select the orange DONATE TO YOUR CHARITY box to make a donation or, better yet, click on the black FUNDRAISE FOR YOUR CHARITY box to start your own peer-to-peer fund-raising campaign on behalf of GPTS. Once you have created your campaign, click on the "Manage Team" tab on your fund-raiser campaign page, then on the "Invite Team Members" box to create an e-mail message notifying your contacts about your fund-raising efforts on behalf of Greenville Seminary. In turn, they will have the opportunity to give or start a campaign of their own.


As you reach out, or even if you do not participate in this Crowdrise.com effort, we would appreciate knowing about your contacts. We are asking you to provide the names of five prospective donors from among your friends and acquaintances. To make your pledge and referrals, please fill out and submit the form here.
  
Most of all, be fervent in prayer that God would provide all that is needed for us to do what He has called us to do in this ministry which the church so badly needs in these uncommon times.

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.