St. Louis Area Donors With Gratitude - Sisters of Divine Providence
St. Louis Area Donors With Gratitude - Sisters of Divine Providence
St. Louis Area Donors With Gratitude - Sisters of Divine Providence
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Dear friends <strong>of</strong> the <strong>Sisters</strong> <strong>of</strong> <strong>Divine</strong> <strong>Providence</strong>:<br />
Last year was quite a year! The U. S. economic storm spared no one: individuals, families, schools, businesses,<br />
and charitable organizations—all have been affected in some way, but as we take stock <strong>of</strong> the past year<br />
in terms <strong>of</strong> advancing the mission, it is clear that the <strong>Sisters</strong> <strong>of</strong> <strong>Divine</strong> <strong>Providence</strong> and their ministries<br />
weathered the economic storm relatively well. How did that happen? The answer lies within the pages <strong>of</strong> this<br />
report: you, our partner in Mission, made the difference!<br />
This report covers the fiscal year July 1, 2008 through June 30, 2009. Our results show an overall decline <strong>of</strong><br />
5 percent from the previous year. By comparison, the nation’s larger charitable organizations are forecasting<br />
declines by a median <strong>of</strong> 9 percent. The New York Times this summer reported that charitable giving declined<br />
in 2008 by the largest percentage in 50 years!<br />
Our report shows that gifts to the <strong>Sisters</strong>’ sponsored ministries La Posada Providencia and Room at the Inn<br />
actually increased, but unrestricted gifts and gifts to the <strong>Sisters</strong>’ retirement fund declined from the previous<br />
year. The economic downturn did indeed have its effect.<br />
What these results also show is that the overwhelming majority <strong>of</strong> our friends continued to provide support.<br />
Furthermore, these results show that we made it through these hard times with God’s <strong>Providence</strong> and the<br />
strength <strong>of</strong> your commitment to the mission <strong>of</strong> <strong>Divine</strong> <strong>Providence</strong>. Some <strong>of</strong> our friends wrote us in distress<br />
over the need to make smaller donations—experiencing the same financial uncertainties as we were. We<br />
marvel at this commitment and generosity. We marvel and give thanks to you!<br />
Certainly the year 2010 comes with no less uncertainty than the year before; however, we are bolstered by the<br />
support you have given us and the gifts that continue to come. We are ready to embark on the new challenges<br />
that lie ahead, and we can say with confidence that together we have the power to continue to make God’s<br />
<strong>Providence</strong> more visible in the world.<br />
<strong>With</strong> sincere gratitude,<br />
Ana G. Schulz<br />
Director <strong>of</strong> Development<br />
st. lo u i s <strong>of</strong> f i c e f o r Mission ad va n c e M e n t ✺<br />
July 1, 2008 – June 30, 2009<br />
Development Report<br />
Ministries Funds were gifts<br />
designated to either Room at the<br />
Inn, in Bridgeton, Missouri, or<br />
La Posada Providencia, in San<br />
Benito, Texas.<br />
Retirement Funds were gifts<br />
designated for the current, as<br />
well as future, retirement needs<br />
<strong>of</strong> the Saint <strong>Louis</strong>-area <strong>Sisters</strong>.<br />
This figure does not include the<br />
National Retirement Religious<br />
Fund grant, which is received<br />
directly in Pittsburgh.<br />
Unrestricted Funds were gifts<br />
designated for greatest need<br />
within the Community or gifts<br />
undesignated by donor. ✺<br />
s t . l o u i s a n n u a l r e p o r t 8<br />
Ministries $385,796.00<br />
Retirement 20,270.00<br />
Unrestricted 62,891.00<br />
$468,957.00<br />
Ministries 82.27%<br />
Unrestricted 13.41%<br />
Retirement 4.32%<br />
Ministries $385,796.00<br />
Retirement 20,270.00<br />
Unrestricted 62,891.00<br />
$468,957.00