Treasurer’s Report Annual – 2013

2012 Audit We received a clean audit in 2012 Virginia Baptist Mission Board Baptist Extension Board Eagle Eyrie Baptist Conference Center Piankatank Camp and Conference Center

Baptist Extension Board As of October 31, Current Loans$15,762, Loan Commitments$2,882,032 Balance available for new loans$6,198,302 Total

Financial Report Total Receipts as of October % Change Total Receipts $14,199,468 $13,480,711(5.06%) CM Receipts $9,679,496 $9,125,278(5.73%) Alma Hunt $598,100 $605, % Lottie Moon $1,745,099 $1,570,497(10.01%) Annie Armstrong $1,216,223 $1,174,635(3.42%) CBF Global Missions $314,982 $267,414(15.10%) World Hunger $149,675 $105,394(29.58%) * Other Designations $495,893 $631, % * Includes: Spence, BTSR, More than Nets, Leland, SBC, CBF, among 64 others.

Financial Report Total Cooperative Missions as of October 31, 2013 CM Required for 10 months$10,083,333 CM Received through 10/31/13$9,125,278 CM Received through 10/31/12$9,679,496 $ Decrease from last year (receipts)($554,218) % Decrease from last year (receipts)(5.73%) Amount under budget 2013($958,055)

Where Your CM Dollars Come From

Where Your CM Dollars Go 2012 Cooperative Missions Distribution $12,163,511 OTHER BAPTIST MINISTRIES Associated Baptist Press$37,875 Baptist Center for Ethics$24,495 Baptist Joint Committee$50,646 Baptist Theological Seminary at Richmond$142,506 Baptist World Alliance$131,537 Kingdom Advance$281,802 Ministering to Ministers Foundation$39,710 Missions Development$69,040 Missions Relief$45,896 Romany People$62,316 Seminary Scholarship Fund$43,233 State to State Partnerships$67,572 World Hunger$2,905

Where Your Total Dollars Go 2012 Total Receipts Distribution $18,494,214 OTHER BAPTIST MINISTRIES Associated Baptist Press$37,875 Baptist Center for Ethics$25,495 Baptist Joint Committee$51,676 Baptist Theological Seminary at Richmond$225,248 Baptist World Alliance$145,717 Kingdom Advance$320,926 Ministering to Ministers Foundation$39,710 Missions Development$69,040 Missions Relief$45,896 Romany People$62,316 Seminary Scholarship Fund$43,233 State to State Partnerships$67,572 World Hunger$271,181 Alma Hunt Offering to Other Baptist Ministries$33,475 Other Designations$149,332

2012 Cooperative Missions Distribution - $12,163, Total Receipts Distribution - $18,494,214 Cooperative MissionsDesignated GiftsTotal Receipts VBMB$6,715,735$168,224$7,215,609 Alma Hunt Offering $331,650 VA Partners$1,531,223$107,881$2,109,104 Alma Hunt Offering $470,000 Other Baptist Ministries$999,533$555,684$1,588,691 Alma Hunt Offering $33,475 SBC$2,316,536$91,752$6,536,519 Lottie Moon Offering$2,852,231 Annie Armstrong Offering$1,276,000 CBF$600,484$48,436$1,044,291 CBF Global Missions Offering $395,370 $12,163,511$6,330,703$18,494,214

Other Baptist Ministries Increased 2012 Funding From Total Receipts Cooperative MissionsDesignatedTotal Receipts Baptist Joint Committee$50,646$1,030$51,676 Baptist Theological Seminary at Richmond$142,506$82,742$225,248 Baptist World Alliance$131,537$14,180$145,717 Kingdom Advance$281,802$39,125$320,927 World Hunger$2,905$268,276$271,181 Other Designations$182,807

The Status of the Church in Virginia that the BGAV Serves Since we met last year – 12 churches have disbanded There are currently 1,395 BGAV Churches – 1,257 Participating Churches – 113 Affiliate Churches – 25 Watch Care Churches 16 New Church Starts 9 Hardship Watch Care Churches

Alma Hunt State Missions Offering History Year: AHO Goal:$14,037,500 AHO Receipts:$10,394,647 Difference from Goal ($3,642,853) WMUV Receipts:$5,125,000 VBMB Goal:$8,143,750 VBMB Receipts:$4,721,351 Difference from Goal ($3,422,399)

VBMB Legacy Endowment Fund as of 10/31/13 Investment $1,492,923 Market Value $1,605,880