GBGM Income Increasing, Exceeds Expenses AND Apportionments, Yet Cries Financial Woe

Apportionment Dollars Not Needed

GBGM's Last Four Audited Financial Statements Show Excess Income (profit) exceeding expenses AND the World Service apportionments. That means they if the largest UMC Apportionment were ABOLISHED, income would still exceed expenses! The excess income (profit) would have been amost 24 million dollars without a single Apportionment dollar.

GBGM Excess Income (income minus expenses)		117,103,482
Apportionment income,	*minus*	93,364,555
Excess Income if there were no Apportionments	*equals*	23,738,927

Apportionment income only accounts for 12% of total income compared to 29% from investments of UM mission gifts not used. 15% excess income exceed the 12% apportionments.

Income Break Down	Four Year Totals	Percent
Investment Returns	228,083,762	29%
Apportionments	93,364,555	12%
Excess Income	117,103,482	15%
Other Income	349,568,263	44%
Total Income	788,120,062

Perhaps most disheartening is the small amount of UM Mission dollars that actually go to Missionary Support. That is about 12 cents of every mission dollar given.

Income to Missions	1996	1997	1998	1999
Total Income	193,202,568	191,874,615	198,848,915	204,193,964
Direct Missionary Support	19,241,794	18,867,604	33,888,630	20,713,945

Income to Missions
Total Income	788,120,062
Direct Missionary Support	92,711,973	11.76%

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GBGM Income Increasing, Exceeds Expenses AND Apportionments, Yet Cries Financial Woe

Apportionment Dollars Not Needed