Thursday, February 9, 2017

Stewardship Report: Laboring Together

As we closed our first month of 2017, we are pleased to report a positive financial picture thus far this fiscal year. We are thanking God always for His faithful provision for our every need.

We are happy to report that the giving pattern so far during Fiscal Year 2016-17 is similar to that described in Nehemiah 7:70-72. We read about Nehemiah’s personal generosity, the substantial giving of “some of the heads of the fathers’ households,” and “that which the rest of the people gave” to rebuild the walls of Jerusalem. At Greenville Seminary, we are seeing new supporters at every level of giving, and this is deeply encouraging.

Please continue to pray for us as we advance the work of the Seminary.

Financial Report for January 2016

The tables below indicate our monthly general operating fund financial situation as of the end of January and thus far in 2016-17 fiscal year.

Budget Performance:

Unrestricted general fund donations from churches ($19,081) and individuals ($18,990) in January totaled $38,071, which was $39,929 below the $78,000 budgeted for such income. Expenses of $97,531 in January were $2,463 below the $99,994 budgeted for expenses.

Actual Income and Expenses:

GENERAL OPERATING FUND – JANUARY 2016
Donation Income (Unrestricted)

Churches
$19,081 

Individuals
$18,990 

Total Donations (unrestricted)
$38,071
Other Income
 $43,790
Total Income
$81,781
Expenses
$97,531
Net Income
–$15,670
GENERAL OPERATING FUND – FISCAL YEAR 2016-17
Donation Income (Unrestricted)
$697,371
Other Income
$152,956
Total Income
$850,327
Expenses
$703,527
Net Income
$146,800



 CAPITAL FUND
 Capital Campaign Goal
$3,500,000 
 Received
$3,477,102 
 Long-term Pledges Outstanding
$228,627 
 Total Received and Pledged
$3,705,779 
 Outstanding Obligations
$0 
 Monthly Payment (Interest Only)
$2,004 
 Remaining Mortgage
$547,495 


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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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.

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.

Thank you for your continued support for Greenville Presbyterian Theological Seminary