Mustard Seed Foundation 2012 Annual Report

Financials
The Foundations expenditures totaled nearly $3.25 million in 2012. Over 72 percent of these funds were given through 384 grants to churches and Christian organizations, and over 100 scholarships to individuals. The remaining 27 percent was used to administer this work. Providing grants for small startup projects of churches in major urban centers worldwide remains the primary giving area of the Foundation, as it has been since the Foundations inception. The remainder of the Foundations giving was channeled through the Harvey Fellows Program, BGU Scholarships, and the Theology of Work grant program. The Foundation actively assesses our giving areas and administrative framework in conjunction with our anticipated nancial resources. In 2012, the Foundation made the difficult decision to close our international offices and consolidate administrative functions in our Falls Church office around a signicantly smaller staff team. This decision, while difficult, will better contain the amount of funds spent on administering our work while maximizing our giving through grants and scholarships.

2012 Expenditures

19.6%

HARVEY FELLOWS BGU SCHOLARSHIPS

3.7%

THEOLOGY OF WORK GRANTS

41.6%
2012 Balance Sheet
For the year ending December 31, 2012
Operating Fund Revenue From Previous Year $117,627 From Futures Fund $3,250,000 Total Revenue $3,367,627

GRANTS

8.1% 27.1%

ADMINISTRATION

Disbursements Grants $1,349,022 Scholarships $755,709 Other Giving $261,963 Administration $880,939 Other Disbursements $4,982 Total Disbursements Operating Fund Balance $3,252,615 $115,012

Futures Fund Beginning Asset Balance $4,250,229 Contributions to Futures Fund $2,927,895 Total Assets before Transfer Transfers to Operating Fund Futures Fund Balance $7,178,124 $3,250,000 $3,928,124

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Mustard Seed Foundation 2012 Annual Report

Annual Giving
13 12 11 10 09 08 07 06 05 04 03 02 01 00 99 98 97 96 95 94 93 92 91 90 89 88 87 86 85 84 $0 $2m $4m $6m $8m
projected

Grants Scholarships Other

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