2018 Convention Booklet

The Diocese of Southwestern Virginia DETAILED BUDGET

2017 Convention Approved Budget

2018 Proposed

2017 Actual

2018 Mission Asking

Budget

INSTITUTIONAL EXP.-ORGANIZATION House of Bishops

5,000.00

4,500.00 8,500.00

5,392.37 8,537.29

4,500.00

Bishop Business Expenses

550.00 520.00

400.00

423.72

600.00 520.00

Deacon Travel

New Clergy Orientation

2,000.00

1,000.00

5,221.24

3,000.00

Hospitality

147,384.00 16,000.00 1,000.00 34,500.00

152,368.00 18,800.00 1,000.00 34,260.00

152,367.96 15,906.69

147,384.00 17,000.00 1,000.00 34,500.00

Episcopal Church Pledge

Communications (incl. website)

962.74

Executive Board

31,811.04

Organizational Insurance Stewardship/Planned Giving Diocesan 100th Anniversary Province III Province III Apportionment

250.00

500.00

0.00 0.00

500.00

1,500.00

0.00

2,500.00

1,817.00

1,861.00

1,817.00

1,817.00

250.00

250.00

0.00

250.00

Province III Travel

2,067.00

2,111.00

1,817.00

2,067.00

Total Province III

210,771.00

223,439.00

222,440.05

213,571.00

Total INSTITUTIONAL EXP.-ORGANIZATION

INSTITUTIONS INSTITUTIONS - AFFILIATIONS

0.00

5,000.00

694.27 100.00 100.00 100.00 100.00

0.00

Episcopal Appalachian Ministries

100.00 100.00 100.00 100.00 400.00

100.00 100.00 100.00 100.00

100.00 100.00 100.00 100.00 400.00

Boy's Home Stuart Hall

Virginia Episcopal School Westminster Canterbury

5,400.00

1,094.27

Total INSTITUTIONS - AFFILIATIONS INSTITUTIONS - DIOCESAN Phoebe Needles Center, Inc. Grace House on the Mountain Total INSTITUTIONS - DIOCESAN

12,000.00 1,500.00 13,500.00 13,900.00

12,000.00 3,200.00 15,200.00 20,600.00

12,000.00 1,273.33 13,273.33 14,367.60

15,000.00 3,200.00 18,200.00 18,600.00

Total INSTITUTIONS

1,540,367.00

1,457,076.75

1,477,708.00

1,448,605.00

TOTAL EXPENSES

0.00

22,530.84

(278,259.00)

(322,851.80)

NET OPERATING INCOME

Other Income Gain/Loss - Sale of Asset

0.00 0.00 0.00

0.00 0.00 0.00

688.96

0.00 0.00 0.00

(909.21) 15,060.42

Unrealized Gain/Loss on Investments

Insurance Proceeds - Casualty

TRANSFER FROM TRUSTEES ENDOWMENT Consolidated Trust Fund

89,200.00 (a) 7,600.00 (a) 6,000.00 (a) 2,800.00 (a) 4,800.00 (a) 8,000.00 (a) 3,200.00 (a) 15,200.00 (a) 18,400.00 (a) 17,520.00 (a) 24,000.00 (a) 57,200.00 (a)

89,200.00 7,600.00 6,000.00 2,800.00 4,800.00 8,000.00 3,200.00 15,200.00 18,400.00 17,520.00 24,000.00 57,200.00 253,920.00 40,500.00

Quasi-Endowment - BMRC

Quasi-Endowment - Building Maintance Fund

Quasi-Endowment - Grace House Quasi-Endowment - Phoebe Needles Quasi-Endowment - College Ministry Quasi-Endowment - Youth Ministry

Retired Clergy/Surviving Spouse Assistance Fund

Seminary Fund

Bishop's Housing/Residence Fund Building for Christ - Mission/Outreach

Mission Action Plan Fund (+ St. Barnabas Fund) Total TRANSFER FROM TRUSTEES ENDOWMENT

253,920.00

0.00

0.00

55,000.00 (a)

Mission Initiative Funds

26