Our 2 Cents
Today, we will take up and pass a budget for The Episcopal Church for the coming Triennium (1/1/07-12/31/09). It really is a case of "a million here and a million there and pretty soon you are talking real money." The three-year total budget is $152,002,295, or a little over $30 million per year.
King of Peace gives to the Diocese of Georgia and then the Diocese gives a portion (21% of its income after the first $100,000) to the national church. At current levels right at 2 cents on the dollar at King of Peace goes toward the national church. Like any big organization, a good bit of the money goes to salaries, but an impressive amount is also directed toward mission. While not everything in the budget would reflect my own desires for spending, I know that we more than get our two cents worth out of the denomination. You can peruse the budget for yourself here: Budget for The Episcopal Church 2007-2009.
Two quotes on money from this week (not necessarily original to the one who said it):
"We live in a world where we know the price of everything and the value of nothing." -the Rev. George Wernerpeace,
"We pray for the Second Coming, but maintain a $7 billion pension fund in case our prayers are not answered." -the Rev. Frank Wade
The Rev. Frank Logue, Pastor + King of Peace Episcopal Church