News

Back

 

Adventist Church financial report framed in a spirit of gratitude and trust
2019-04-18

 

 

[Photo credit: Emily Mastrapa, ANN]

Apr 09, 2019  |  Silver Spring, Maryland, United States

Adventist Church treasurer Juan Prestol-Puesán highlighted his team’s sense of deep gratitude to church members and God in his presentation of the 2018 Financial Report to the members of the church’s Executive Committee on April 9, 2019. His report, entitled "The 2018 Financial Story,” told a story of trust in what he believes is God’s past, present, and future leading.

"The audited financial statement indicates the blessings we received, and the guidance of the Lord,” he told church leaders from around the world who met at the Adventist Church world headquarters in Silver Spring, Maryland, United States. "I am glad to report… positive operating results for the year 2018,” he announced.

How the Church Did in 2018

In a year marked by volatility in financial markets and weakness in some key foreign currencies, Prestol-Puesán said the finances of the Church world headquarters did well thanks to an increase in worldwide tithes and a consistent control of expenses.

"Tithe increased 3.6 percent, or USD$89 million, for a total of USD$2.5 billion,” he said. "It includes a USD$55 million increase in tithe in the North American Division, for a total of USD$1.077 billion.”

Prestol-Puesán’s report also highlighted that mission offerings reached more than USD$88 million, a figure that does not include church members’ contributions to their local churches.

What Could Happen in 2019 and Beyond 

Church financial leaders anticipate that currency volatility might still affect the financial operation in 2019 and beyond. "We will continue doing our best to anticipate and minimize the negative currency fluctuation impact on our income,” Prestol-Puesán said. "Expenses and allocations will be carefully monitored as well.” 

But beyond market cycles and currency fluctuations, Prestol-Puesán said that he felt "a deep sense of gratitude” for the faithfulness of church members and God’s guidance.

"We thank [God] for His blessings,” he said. "And we thank our members for their generosity.” And he added, "If we are faithful and we are careful, we believe the Lord is going to bless us and we’ll be OK.”



Read more at news.adventist.org

 

 

 

Back | Back to Top