Page 23 - WOC Annual Report 2012

Basic HTML Version

Lilly Endowment Grant Reporting Period: 12/1/2010–12/31/2011
Activity 1: Residency
Income
2011 Remaining
*
Total
Lilly Endowment Grant
27,006.65
722,993.35
750,000.00
Resident Host Church
42,220.59
2,226,779.41
2,269,000.00
Appointive Church Reinvestment
80,000.00
80,000.00
Donors
84,790.44
370,209.56
455,000.00
Total income
154,017.68
3,399,982.32
3,554,000.00
Expenses
Compensation
146,150.67
Other
7,867.01
Total Expenses
154,017.68
3,116,982.32
3,271,000.00
Income over (under) expenses
% of cost provided by Lilly Endowment
18%
*Remaining balances not attributable to Lilly Endowment grant are budget estimates from the original grant application.
Unleashing Generous Giving
21
2011 MAJOR AREAS OF FUNDING: CLERGY LEADERSHIP FORMATION
Lilly Endowment Grant
The Lilly Endowment Inc., Religion Division,
awarded a grant of
$900,000
to the
West Ohio Conference
in December 2011.
The grant is to be used over five years as seed money
to assist in the start-up of Clergy Leadership Formation
initiatives, specifically the Residency Program, Crucible
and converting associate pastor positions into resident
pastor positions. However, additional funding is
required for these initiatives, as well as funding to
enable college students to explore a potential call to
ministry.
The following is a reporting of how
these funds have been spent and
an overview of the actual expenses
involved with the Residency Program
and Crucible. It also illustrates the
funding still required to complete the
projected number of residents and
clergy leadership training during the
five year grant period for Lilly.
Mr. & Mrs. David C.
Morrow
Mr. & Mrs. Robert Neff
Mr. John Nye
Bishop & Mrs. Bruce
R. Ough
Dr. & Mrs. Joseph R.
Palmer
Mr. Chull Park
Rev. Kim Pope-Seiberling
& Mr. Eric Seiberling
Rev. Phyllis &
Mr. Richard Radlinski
Mrs. Gretchen
Rauschenberg
Dr. & Mrs. Lawrence
Raymond
Mr. & Mrs. John C. Rice
Dr. Steven E. Shafer
Rev. Ruth M. Stambach
Mr. Clarence J. Stanley
Dr. & Mrs. Henry C. Stringer
Mr. & Mrs. David
Sundersingh
Mr. & Mrs. Charles Thayer
Ms. Bess K. Turner
Mr. & Mrs. J. Robert
Warmbrod
Mr. Harvey M. Weitkamp
Mr. & Mrs. Ora Winzenried