Financial Fundamentals November 2023

This report briefly addresses finances at FUMC Fox Hill. The latest weekly and year-to-date information is in the weekly bulletin available at the church or through the link on our website.

Donations are recovering some, and we are attempting to get back on track in paying our Apportionments and monthly major maintenance set-asides. We encourage everyone who can to help us maintain our financial stability. Thank you for your efforts.

The annual budget/spending plan for 2024 was approved by the Church Council at their October 9 meeting. It will be presented to the congregation at the November 5 Charge Conference.

Our stewardship campaign is getting underway. As you consider your gifts for next year, remember the wondrous gifts you have received in so many ways. What you give to your church finances many things directly and equally important, indirectly. We have talked before about what would be missing in our community if First Fox Hill wasn’t here on this corner, making possible support and opportunities for so many. You are a part of that ministry.

This is a great time for end-of-year gifts whether they are from your IRA, catching up on your annual giving, or a step up in your support. An easy way to be certain you don’t fall behind in your desires, is to set up on-line recurring gifts. Simply go to our web page, www.firstumcfoxhill.org, click on “Give”, and scroll down to the “Give Online” box. If you are reading this online, click here for easy access. Or, if you prefer, use your camera and scan this QR code which you will regularly see in the Anchor, in the bulletin and other publications, on the web site, as well as before, during, and after our live stream services

Thanks to everyone for being a supporter of First Fox Hill.

Please direct any concerns or questions about FUMC FH finances to our financial staff through the office or Bill Bryan, Finance Chair, at (757) 851-0748 or by e-mail to billb-1111@cox.net.

Total One Fund Through September 2023
Income For Planned Expenses1		$ 358,323
Total One Fund Expenses (excludes pass through2)	Planned	$ 459,900
	Actual	$ 354,358
Pass Through Income2		$ 4,493
Pass Through Expense2		$ 4,986
“Pay-It-Forward” Contributions		$ 2,505
LUMENs Fund Raiser Income		$ 4,240
LUMENs Fund Raiser Expense		$ 0
1 Includes regular and memorial contributions, building use income, interest, etc. 2 This item represents funds contributed, but passed through to non-budget items, e.g., flowers, special mission programs, etc. [Some pass through income was received in 2022; paid 2023.]