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Net Assets by GBGM Agency 1997

All figure taken from the 1997 Treasurer's Report (unaudited)

WOMEN'S DIVISION

Unrestricted

$34,503,436

Temporarily restricted

$84,370,884

Permanently restricted

$11,318,856

1997 total

$130,193,176

 

HEALTH & WELFARE DEPT.

Unrestricted

$117,139

Temporarily restricted

$556,450

Permanently restricted

$48,000

1997 total

$721,589

 

UM COMMITTEE ON RELIEF(UMCOR)

Unrestricted

$13,127,792

Temporarily restricted

$4,198,078

Permanently restricted

$115,083

1997 total

$17,440,953

 

GBGM (excluding Women's Div and H&W)

Unrestricted

$112,306,839

Temporarily restricted

$49,726,093

Permanently restricted

$91,658,553

1997 total

$253,691,485

 

TOTALS Unrestricted

$160,055,206

TOTALS Temporarily restricted

$138,851,505

TOTALS Permanently restricted

$103,140,492

TOTALS 1997 total

$402,047,203

 


Laymans Version

Excess Fund Totals by Agency

WOMEN'S-UMW

$130,193,176

H & W

$721,589

UMCOR*

$17,440,953

GBGM

$253,691,485

TOTALS 1997 total $402,047,203

 

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* It is interesting to note that UMCOR is used by church leaders to defend the excessive funds of the GBGM (save it for a rainy day).  Yet, as you can see above it represents one of the smallest slices (4.34%) of the Excess Funds Agency Pie. The GBGM and WOMEN'S-UMW slices (over 95%) which represent Mission areas of giving, remains unspent.

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