from AM 2010

1. 2011 BUDGET REPORT

2. CO FOWM KB PCP MISSION & MINISTRY BUDGET STMs SPE PMs CWR MPs Covenant World Relief Paul Carlson Partnership Project Missionaries Short-term Missionaries Friends of World Mission Kingdom Builders Sustaining Pastoral Excellence Covenant Orientation Mission Projects BaseBudget

3. 2011Mission and Ministry Budget NPU/NPTS5.5% ChristianFormation 6.0% Ordered Ministry 7.9% World Mission43.5% CGE17.4% CMJ19.7%

4. Domestic 37% International 63% 2011Mission and Ministry Budget

5. 2011Mission and Ministry Revenue Short-term & Project Missionaries 10% Covenant World Relief8% Church Giving40% Paul CarlsonPartnership 7% Mission Projects 2% Grants 3% Friends 2% Covenant Orientation 1% Other Support 12% CommunicationSales 3% Individuals5% Transfers 7%

6. 2011Budget Resource Persons Curt Peterson World Mission Debbie BlueCompassion, Mercy, and Justice Dave Olson Church Growth and Evangelism Doreen Olson Christian Formation Dave KerstenOrdered Ministry

7. 2011Mission and Ministry Budget The Executive Board recommends to the 125th Covenant Annual Meeting a mission and ministry budget of $20,794,000 for the fiscal year of 2011. The mission and ministry expense budget is as follows: World Mission $9,055,00043.5% Compassion, Mercy, & Justice $4,099,00019.7% Church Growth & Evangelism $3,612,00017.4% Christian Formation $1,246,000 6.0% Ordered Ministry $1,642,000 7.9% NPU/NPTS $1,140,000 5.5%

8. CO FOWM KB PCP MISSION & MINISTRY BUDGET STMs SPE PMs CWR MPs Covenant World Relief Paul Carlson Partnership Project Missionaries Short-term Missionaries Friends of World Mission Kingdom Builders Sustaining Pastoral Excellence Covenant Orientation Mission Projects BaseBudget

9. 2011 BUDGET REPORT