Monday, August 8, 2016

July Stewardship Report


Four Principles of Biblical Stewardship

  1. The Principle of Ownership — "The earth is the LORD's, and everything in it, the world, and all who live in it" (Psalm 24:1). ...This is the fundamental principle of biblical stewardship. God owns everything, we are simply managers or administrators acting on his behalf.
  2. The Principle of Responsibility — We are called as God’s stewards to manage that which belongs to God. While God has graciously entrusted us with the care, development, and enjoyment of everything he owns as his stewards, we are responsible to manage his holdings well and according to his desires and purposes.
  3. The Principle of Accountability — Like the servants in the Parable of the Talents, we will be called to give an account of how we have administered everything we have been given, including our time, money, abilities, information, wisdom, relationships, and authority.
  4. The Principle of Reward — "Whatever you do, work at it with all your heart, as working for the Lord, not for men, since you know that you will receive an inheritance from the Lord as a reward. It is the Lord Christ you are serving" (Colossians 3:23-24). "Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master’s happiness!" (Matthew 25:21).
Adapted from Hugh Whelchel, Institute for Faith, Work & Economics

We at Greenville Seminary recognize that we must be the good stewards of the gifts which God's people, in their own acts of stewardship, have given to us. With God's help, we seek to be efficient, faithful and productive servants in the use of those gifts to meet our mission of providing Christ's church with faithful shepherds and stewards of God's Word. We provide these monthly reports in furtherance of the principle of accountability, disclosing how all that we receive is accounted for. We trust that our reward is knowing that what we do brings glory to God alone. We thank you for being our partners to that end.

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The tables below indicate our general operating fund financial situation as of the end of July 2016 and the first month of the 2016-17 fiscal year. Unrestricted general fund donations from churches ($24,450) and individuals ($21,242) during July totaled $45,692, which was $26,850 below the $72,542 budgeted for such income. Expenses of $94,961 in July were $5,700 below the $100,661 budgeted for expenses.


GENERAL OPERATING FUND – JULY 2016
Donation Income (Unrestricted)
$45,692
Other Income
$4,309
Total Income
$50,001
Expenses
$94,961
Net Income
($44,960)

GENERAL OPERATING FUND – FISCAL YEAR 2016-17
Donation Income (Unrestricted)
$45,692
Other Income
$4,309
Total
$50,001
Expenses
$94,961
Net Income
($44,960)




 CAPITAL FUND
 Capital Campaign Goal
$3,500,000 
 Received
$3,467,035 
 Long-term Pledges Outstanding
$236,791 
 Total Received and Pledged
$3,703,826 
 Outstanding Obligations
$0 
 Monthly Payment (Interest Only)
$2,113 
 Remaining Mortgage
$577,495 


Donate to GPTS through the PayPal Giving Fund. Giving through this Fund means 100% of your gift will reach GPTS, without the usual processing fees deducted. You can also support the seminary by buying and selling through the eBay for Charity system.
Gifts may also be mailed to: Greenville Seminary, PO Box 690, Taylors SC 29687.

And don't forget to do your online shopping at AmazonSmile. Log on to smile.amazon.com and select Greenville Presbyterian Theological Seminary as your charity. Or click on the AmazonSmile banner at the very bottom of this e-newsletter. 
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Fidelity Charitable and Schwab Charitable clients: Click here for Donor-Advised Fund direct deposit. Wells Fargo employees: check with your company about matching gifts to GPTS.
Do you work for a company that offers matching gifts when you contribute to a charity? Why not ask your employer about whether your gifts to GPTS can be matched. Here is a list of some of the top companies that offer matching gifts or reward your volunteer work for your charity. Many other companies do as well, to support employee charitable giving and extend corporate philanthropy.
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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