Reformed Presbyterian Minutes of Synod 1993

54 1993 MINUTES OF THE SYNOD OF THEBuilding Loan Fund and General Investments to the following congregationsand individuals:BIdg. LoanGen. Inv.$25,00060,000$ 98,33310,00060,000Grace (State College)OttawaColumbusWestminster (IlUnois)Loans to IndividualsTOTALS$155,00050,000194,562$342,895The Tmstees are pleased that there were funds available to help thesecongregations and individuals in their building programs.RPM&MThe 1991 Synod approved of distributing up to $370,000 (including$70,000fromUnrestrictedUndesignatedFunds)in 1992. Of the$300,000which was to come from contributions to RPM& M, only $290,434 wasreceived. In 1993, only $300,000 is to be distributed, none from UndesignatedFunds, due to the lack of such funds. The following chart shows thesedistributions:Reformed Presbyterian Mission & Ministry (RPM&M)Budget Actual BudgetEduc. & Publ.Foreign MissionsGeneva CollegeHome MissionsPension BoardSeminaryWoman's Assoc.Misc. FundTOTALS1992 1992 199380,000.00 77,932.00 80,000.0065,000.00 63,321.00 45,000.005,000.00 4,870.00 A -0-85,000.00 82,803.00 65,000.0045,000.00 43,836.00 45,000.0041,000.00 39,939.00 45,000.0010,000.00 9,741.00 5,000.0039,000.00 37,990.00 15,000.00370,000.00 360,432.00 300,000.00A. Geneva received $50,000 from the MacLaughlin Fund in 1992 and is budgetedto receive up to $35,000 in 1993.In light of the above information, congregations need to considerneed for RPM&M and increase their giving, so that needed programs areable to continue.