2009 Nazarene Financial Services report
Global Ministry Center
Thursday, March 4, 2010
Highlights of the 2009 Nazarene Financial Services report, presented to the General Board during its 87th Session, February 19-22, 2010:

General Treasurer Marilyn J. McCool and the leaders of the various Nazarene Financial Services ministries and services report:

  • Giving to the World Evangelism Fund totaled $45,906,503, a 5.6% decrease from 2008
  • Giving to Mission Specials totaled $22,005,165, a 24.82% decrease from 2008
  • Faithful Nazarenes raised a total of $67,911,669 (all figures USD) for the World Evangelism Fund and Missions Specials, reflecting a 12.82% decrease from 2008
  • USA Churches paid 89.27% of their accepted WEF allocations, a decrease from 93.52% the prior year
  • The Global Ministry Center debt is being serviced from donor pledges, gifts, and non-World Evangelism Funds; no World Evangelism Funds have been, or will be, utilized for debt service
  • The former Nazarene Headquarters campus at 6401 The Paseo remains on the market and all sale proceeds will be applied to the Global Ministry Center debt
  • Donor Services handled 250,000 transactions and Online Giving transactions exceeded $5.5 million
  • The USA Church of the Nazarene Loan Fund ended the year with assets of $29,854,124, an increase of $1,247,254 over the prior year
  • Pensions and Benefits International's retirement program for clergy and lay employees grew to over 800 participants and $2.0 million in assets; and Pensions and Benefits USA touched the lives of nearly 14,000 ministers and their families with an array of services in 2009
  • Funding the Mission, the new method of funding the Global Mission, educational institutions, pension plans, and districts is being taught to 19,000 churches worldwide; Stewardship Ministries is facilitating the process through marketing, web development, onsite teaching events, and an online tracking tool

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