Wednesday, May 10, 2017

Stewardship Report for April 2017

Our academic year is ending in a few days and with less than two months remaining in our 2016-17 fiscal year, staff and faculty are currently preparing budget proposals for the new fiscal year beginning July 1. We are grateful that God has sustained us through your generous giving thus far through this fiscal and academic year.

Financial Report for April 2017


The tables below indicate our monthly general operating fund financial situation as of the end of April and thus far in 2016-17 fiscal year, which ends June 30. Unrestricted donations of $71,906 were $6,004 under the $78,000 budgeted for this month. Total fiscal-year revenues are $290,692 ahead of where we were at this time last year. This year’s net income is positive at $58,990. Thank you for your generous support.

Actual Income and Expenses:

GENERAL OPERATING FUND – APRIL 2017
Donation Income (Unrestricted)

Churches
$18,334 

Individuals
$53,572 

Total Donations (unrestricted)
$71,906
Other Income
 $7,664
Total Income
$79,570
Expenses
$101,753
Net Income
–$22,182
GENERAL OPERATING FUND – FISCAL YEAR 2016-17
Donation Income (Unrestricted)
$887,153
Other Income
$208,573
Total Income
$1,095,726
Expenses
$1,036,736
Net Income
$58,990

Income and Expenses at a Glance:





 CAPITAL FUND
 Capital Campaign Goal
$3,500,000 
 Received
$3,519,150 
 Long-term Pledges Outstanding
$187,935 
 Total Received and Pledged
$3,707.085 
 Outstanding Obligations
$0 
 Monthly Payment (Interest Only)
$1,939 
 Remaining Mortgage
$547,495 

To financially support Greenville Seminary, contact Zack Groff at zgroff@gpts.edu or call the Seminary at (864) 322-2717. You can also make your tax-deductible gift online here. Gifts may be mailed to: Greenville Seminary, PO Box 690, Taylors SC 29687.
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.