PRESENTATION TITLE June 2020 Sub Title/Author/Presenter - PowerPoint PPT Presentation

Financial Update PRESENTATION TITLE June 2020 Sub Title/Author/Presenter

PRESENTATION TITLE Apportionment Collections Sub Title/Author/Presenter

Jurisdictional Apportionments – YTD June 2020 • Overall Collection Rate = 21.9% vs. 29.3% in 2019 • Episcopal Fund Collection Rate = 25.1% vs. 31.4% in 2019 • World Service Collection Rate = 21.1% vs. 28.7% in 2019 General Administration Collection Rate = 21.3% vs. 29.1% in 2019 •

Jurisdictional Apportionment Collections – Month of June • June 2020 collections declined significantly: • Down 42% compared to 2017. • Down 22% compared to 2019. Total apportionments for all three years are virtually the same. •

Jurisdictional Apportionments – Episcopal Fund Episcopal F l Fund C Collec llecti tion Rate T Trends 95.0% 95 0% 93.2% 93. 93. 93.3% 93. 93.4% 93.6% 93. 92. 92.6% 92. 92.6% 91. 91.6% 92.0% 92. 89. 89.2% 91.6% 91. 90.0% 90 0% 89. 89.9% 90. 90.4% 89.1% 89. 87. 87.8% 85 85.0% 0% 86.8% 86. 80 80.0% 0% 75.0% 75 0% 70.0% 70 0% 66.1% 66. 65 65.0% 0% 20 2005 05 20 2006 06 20 2007 07 20 2008 08 20 2009 09 20 2010 10 20 2011 11 20 2012 12 20 2013 13 20 2014 14 20 2015 15 20 2016 16 20 2017 17 20 2018 18 20 2019 19 20 2020 20 2020 Projection is based upon year-to-date June in relation to the average of the same period in 2017 and 2018. This was used instead of 2019 as many conferences and churches temporarily withheld funds after the 2019 General Conference. 2020 Projection as of June 2020 is 66.1% vs. 65.6% as of May 2020.

Jurisdictional Apportionments – World Service Fund World ld S Servi vice F e Fund C Collec llecti tion R Rate T e Trends 91. 91.2% 90.9% 90. 91.3% 91. 90. 90.2% 89.4% 89. 90.0% 90 0% 89. 89.9% 90.0% 90. 86.5% 86. 88.2% 88. 88.3% 88. 85.0% 85 0% 86. 86.5% 86.9% 86. 84. 84.2% 83. 83.9% 80 80.0% 0% 75.0% 75 0% 70.0% 70 0% 65 65.0% 0% 60 60.0% 0% 58.9% 58. 55.0% 55 0% 50.0% 50 0% 2005 20 05 20 2006 06 20 2007 07 20 2008 08 20 2009 09 20 2010 10 20 2011 11 20 2012 12 20 2013 13 20 2014 14 20 2015 15 20 2016 16 20 2017 17 20 2018 18 20 2019 19 20 2020 20 2020 Projection is based upon year-to-date May in relation to the average of the same period in 2017 and 2018. This was used instead of 2019 as many conferences and churches temporarily withheld funds after the 2019 General Conference. 2020 Projection as of June 2020 is 58.9% vs. 60% as of May 2020.

Jurisdictional Apportionments–General Administration Fund General al A Admini nist strat ation F n Fund Collec llecti tion R Rate T e Trends 91.7% 91. 89.6% 89. 89.6% 88.9% 89. 88. 90.0% 90 0% 89. 89.5% 88.3% 88. 87.4% 87. 84.8% 84. 88. 88.0% 87.0% 87. 85 85.0% 0% 86.0% 86. 84.2% 84. 84.2% 84. 83. 83.9% 80 80.0% 0% 81. 81.5% 75 75.0% 0% 70.0% 70 0% 65.0% 65 0% 60.0% 60 0% 58.9% 58. 55.0% 55 0% 50.0% 50 0% 2005 20 05 20 2006 06 20 2007 07 20 2008 08 20 2009 09 20 2010 10 20 2011 11 20 2012 12 20 2013 13 20 2014 14 20 2015 15 20 2016 16 20 2017 17 20 2018 18 20 2019 19 20 2020 20 2020 Projection is based upon year-to-date May in relation to the average of the same period in 2017 and 2018. This was used instead of 2019 as many conferences and churches temporarily withheld funds after the 2019 General Conference. 2020 Projection as of June 2020 is 58.9% vs. 58.8% as of May 2020.

Central Conference Apportionments – YTD June 2020 • Overall Collection Rate = 22.8% vs. 26% in 2019 • 5 Episcopal Areas did not pay any apportionments (11% of the total CC apportionments) • 8 Episcopal Areas paid less than 50% of their apportionments (69% of the total CC apportionments) 7 Episcopal Areas paid equal or more than 50% of their apportionments (20% of the total CC apportionments) •

CONTACT 1 Music Circle North Nashville, TN 37167 615-329-3393 rking@gfca.org www.gcfa.org