The 2011 budget report allocates $20,794,000 to mission and ministry expenses. World Mission receives the largest portion of funds at 43.5%, while Compassion, Mercy, and Justice receives 19.7% and Church Growth and Evangelism receives 17.4%. The budget supports domestic and international efforts, with 63% of funds going towards international work. Revenue comes from multiple sources including church giving, individual donors, and partnerships.

1. 2011 BUDGET REPORT

2. COFOWMKBPCPMISSION & MINISTRY BUDGETSTMsSPEPMsCWRMPsCovenant World ReliefPaul Carlson PartnershipProject MissionariesShort-term MissionariesFriends of World MissionKingdom BuildersSustaining Pastoral ExcellenceCovenant OrientationMission ProjectsBaseBudget

3. 2011Mission and Ministry BudgetNPU/NPTS5.5%ChristianFormation 6.0%OrderedMinistry 7.9%World Mission43.5%CGE17.4%CMJ19.7%

4. Domestic37%International63%2011Mission and Ministry Budget

5. 2011Mission and Ministry RevenueShort-term & Project Missionaries 10%Covenant World Relief8%Church Giving40%Paul CarlsonPartnership 7%Mission Projects 2%Grants 3%Friends 2%Covenant Orientation 1%OtherSupport 12%CommunicationSales 3%Individuals5%Transfers 7%

6. 2011Budget Resource PersonsCurt Peterson World MissionDebbie BlueCompassion, Mercy, and JusticeDave Olson Church Growth and EvangelismDoreen Olson Christian FormationDave KerstenOrdered Ministry

7. 2011Mission and Ministry BudgetThe Executive Board recommends to the 125th Covenant Annual Meeting a mission and ministry budget of $20,794,000 for the fiscal year of 2011. The mission and ministry expense budget is as follows:World Mission $9,055,00043.5%Compassion, Mercy, & Justice $4,099,00019.7%Church Growth & Evangelism $3,612,00017.4%Christian Formation $1,246,000 6.0%Ordered Ministry $1,642,000 7.9%NPU/NPTS $1,140,000 5.5%

8. COFOWMKBPCPMISSION & MINISTRY BUDGETSTMsSPEPMsCWRMPsCovenant World ReliefPaul Carlson PartnershipProject MissionariesShort-term MissionariesFriends of World MissionKingdom BuildersSustaining Pastoral ExcellenceCovenant OrientationMission ProjectsBaseBudget

9. 2011 BUDGET REPORT