How your Christmas Joy Offering gift is used
2010 Christmas Joy Offering Receipts $4,240,750
Expenses
Fundraising (5.7 percent) $251,067
Shared Services Charges $212,039
Total Expenditures (approximately 10.6 percent of receipts) $463,106
Disbursements (after expenses)
50 percent allocation plus designated gifts to the Board of
Pensions assistance programs $1,867,409
Distribution of funds for the Board of Pensions
Income Supplements $2,732,000
305 households
Shared Grants $386,000
145 households
Emergency Assistance Grants $71,000
28 households
Housing Supplements $1,801,000
231 households
The total distributed by the Board of Pensions in 2010 for these assistance programs was $4,990,000. In addition to the $1,867,409 in support from the 2010 Offering, some $3,122,591 of other income and gifts was used for this purpose.
50 percent allocation plus designated gifts to the Board of
Pensions assistance programs $2,036,720
Distribution of funds by Presbyterian-related racial ethnic schools
Barber-Scotia College, Concord, North Carolina $218,174
Cook Native American Ministries, Tempe, Arizona $151,509
Knoxville College, Knoxville, Tennessee $218,174
Menaul School, Albuquerque, New Mexico $349,482
Presbyterian Pan American School, Kingsville, Texas $349,482
Stillman College, Tuscaloosa, Alabama $350,000
Contingency fund $ 26,690
Program administration $117,572
Total disbursement for racial ethnic schools and colleges $1,781,083
Reserved savings $86,325
