Monthly EPC budget report: Per Member Asking up 5 percent from November 2018

 

As of November 30, Per Member Asking (PMA) contributions received by the Office of the General Assembly during fiscal year 2020 (FY20) total $944,416. The amount in the first five months of the EPC’s fiscal year is $45,352 more than the $899,064 received through the same period in fiscal year 2019. The fiscal year runs from July 1 through June 30.

While PMA contributions are up 5 percent in FY20 compared to FY19, year-to-date contributions are $2,704 (0.3 percent) less than the $947,120 budgeted projection to support the EPC’s Collaborative Ministries, Connectional Support, and Custodial Operations.

“I am very thankful for the continued support of the EPC through Per Member Asking,” said Jeff Jeremiah, EPC Stated Clerk. “These PMA contributions demonstrate commitment on the part of our pastors and churches to the connectional system of being ‘Better Together’ that’s so central to who we are as a denomination of Presbyterian, Reformed, evangelical, and missional congregations.”

Of the $944,416 received, $188,810 (20 percent) was contributed to EPC World Outreach.

In addition to PMA contributions, $2,326,763 in designated gifts were received in the first five months of the fiscal year. This total was $109,351 (5 percent) higher than the $2,219,412 in designated gifts received from July 1 through November 30, 2018. Designated gifts include support for World Outreach global workers and projects, and contributions to EPC Special Projects such as Emergency Relief, church planting and revitalization initiatives, and the EPC’s holiday offerings.

Of the total, $1,970,103 was designated for World Outreach workers and projects, and $356,660 was designated for EPC projects. These amounts only reflect gifts received and distributed by the Office of the General Assembly, and do not reflect donations given directly to WO global workers or other projects.

“As important as PMA support is to how we are able accomplish our mission and vision as a denomination of churches, PMA is only about 40 percent of total donations to the EPC,” Jeremiah noted. “I am very grateful for the trust that our church leaders and congregation members place in us that their financial contributions to the EPC will be used wisely to grow the Kingdom.”

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EPConnection is the news and information service of the Evangelical Presbyterian Church, a denomination of Presbyterian, Reformed, Evangelical, and Missional congregations. To the glory of God, the EPC family aspires to be a global movement of congregations engaged together in God’s mission through transformation, multiplication, and effective biblical leadership, embodying Jesus’ love to our neighbors near and far.