January 2020 EPC budget report: PMA contributions 2 percent above FY 2019, below FY 2020 budget projection

 

As of January 31, Per Member Asking (PMA) contributions received by the Office of the General Assembly during Fiscal Year 2020 (FY20) total $1,459,172. The amount received in the first seven months of the fiscal year is $28,472 more than the $1,430,700 received during the same period in Fiscal Year 2019. The EPC’s fiscal year runs from July 1 through June 30.

While PMA contributions are up about 2 percent from the previous year, year-to-date contributions are roughly 2.4 percent ($36,264) below the $1,495,436 budgeted projection to support the EPC’s Collaborative Ministries, Connectional Support, and Custodial Operations.

“It is very encouraging to see PMA support rebound from our lowest December PMA contribution report since 2013,” said Jeff Jeremiah, EPC Stated Clerk. “When churches support Per Member Asking, they are saying with their financial resources that they value not only the resources provided by the national level of the church, but also—and perhaps more importantly—the connectionalism so central to who we are.”

Of the $1,459,172 received, $291,834 (20 percent) was contributed to EPC World Outreach.

In addition to PMA contributions, $3,723,555 in designated gifts were received through January 31. This total was $270,635 (7.8 percent) higher than the $3,452,920 in designated gifts received in the same period in Fiscal Year 2019. 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, $3,036,387 was designated for World Outreach workers and projects, and $687,168 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.

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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.