1. 2011 BUDGET REPORT

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

3. 2011 Mission and Ministry Budget World Mission 43.5% CGE 17.4% Ordered Ministry 7.9% Christian Formation 6.0% NPU/ NPTS 5.5% CMJ 19.7%

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

5. 2011 Mission and Ministry Revenue Communication Sales 3% Church Giving 40% Grants 3% Friends 2% Mission Projects 2% Paul Carlson Partnership 7% Short-term & Project Missionaries 10% Covenant World Relief 8% Individuals 5% Transfers 7% Other Support 12% Covenant Orientation 1%

6. 2011 Budget Resource Persons

7. 2011 Mission and Ministry Budget The Executive Board recommends to the 125 th 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$9,055,000 43.5% Compassion, Mercy, & Justice$4,099,000 19.7% Church Growth & Evangelism$3,612,000 17.4% Christian Formation$1,246,000 6.0% Ordered Ministry$1,642,000 7.9% NPU/NPTS$1,140,000 5.5%

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

9. 2011 BUDGET REPORT