REPORT OF THE TREASURER David Washburn. BAPTIST EXTENSION BOARD as of March 31, 2014 81 Outstanding Loans$16,263,416 Available Funds to Lend$6,092,872.

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Presentation transcript:

REPORT OF THE TREASURER David Washburn

BAPTIST EXTENSION BOARD as of March 31, Outstanding Loans$16,263,416 Available Funds to Lend$6,092,872 8 Loans Approved in 2013$2,862,232

2013 YEAR END SUMMARY Cooperative Missions Contributions$11,455,256 (94.7% of $12,100,000) Virginia Baptist Mission Board$6,934,733 (61%) Virginia Baptist Agencies & Institutions$849,565 (7%) World Missions Causes$3,670,958 (32%) Designated Offerings$5,675,495 Total Contributions$17,130,751 1,125 of the 1,392 BGAV churches contributed in 2013

1 ST QUARTER SUMMARY & COMPARISON % Change Cooperative Missions Contributions$2,325,926$2,405, % Designated Offerings$1,752,019$2,172, % Total Contributions$4,077,945$4,577, % Our 2014 Cooperative Missions Budget is $12,214,000 or $3,053,500 per quarter Our 1 st quarter contributions of $2,405,062, represent 78.76% of first quarter requirements

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