Monday, February 9, 2015

Financial Report for January 2015

The tables below indicate our financial situation as of the end of January 2015 and the first seven months our 2014-15 fiscal year. An outstanding year-end outpouring of donor investment in December has allowed us to maintain a positive reserve thus far in the fiscal year. We are very grateful for this provision. Unrestricted general fund donations from churches and individuals during January fell as they typically do following year-end giving (see graph). Expenses of $93,637 were $6,622 above the $87,015 budgeted for expenses. In addition, we received $788 toward our Capital Fund in January.


 GENERAL OPERATING FUND - JANUARY 2015
fundraising ideas for schools, churches, and youth sports teams
Graph shows January
contributions vs. Budget 
(upper number)

 Donation Income (unrestricted)
$20,587 
 Other Income
$37,072 
 Total Income
$57,659 
 Expenses
$93,637 
 Net Income
–$35,978 
 GENERAL OPERATING FUND -  FISCAL 2014-15
Donation Income
$545,805 
Other Income
$150,145 
Total Income
$695,950 
Expenses
$590,619 
Net Income
$98,331 

 CAPITAL FUND
 Capital Campaign Goal
$3,500,000 
 Received
$3,395,914 
 Long-term Pledges Outstanding
$286,057
 Total Received and Pledged
$3,681,971
 Outstanding Obligations
$35.000 
 Monthly Interest Payment
$2,876 
 Remaining Mortgage
$580,817 


 

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.