ICJS 2008-09 Opening Doors Annual Fund Campaign is a HUGE Success!

Thanks to the generosity of so many, we exceeded our $270,000 goal. In a year of economic turmoil and uncertainty, when many non-profits experienced a decline in giving, our donors — old friends and new — affirmed their commitment to the crucial work of disarming religious hatred. You supported educational programs for Jewish and Christian clergy, congregations, college students, scholars, and the general public that truly help each one of us to "DISCOVER our common ground and CELEBRATE our differences." We are grateful beyond measure.

Chris Leighton
ICJS Executive Director

Lee M.Hendler
Joseph Langmead
Marilyn Warshawsky
ICJS Co-Chairs

Funding

The Institute for Christian & Jewish Studies fiscal year runs from September 1 through August 31. Operations are made possible through program income (fees, book sales, and a portion of endowment earnings) and contributions (annual funding and project grants).

FY08 — September 1, 2007 - August 31, 2008

In FY08, the ICJS operated with a budget that covered income and costs of $808,902 (unaudited figure).

Budget Breakdown

FY '08 Budget Breakdown

Contributions

FY08 ANNUAL FUND

$261,502 — 32% of operating costs.

Annual Fund contributions are unrestricted funds and serve to support the operations, salaries, program initiatives, printing and mailing costs.

FY08 PROJECT GRANTS

$87,733 — 11% of operating costs.

Project Grants were designated for and restricted to specific ICJS program initiatives, including the following large grants:

Endowment and Program Income

FY08 ENDOWMENT

$435,940 — 54% of operating costs.

Each year the endowment may contribute up to 4.5% of its market value to our operating fund.

FY08 PROGRAM FEES AND BOOK SALES

$18,941 — 2.3% of operating costs.

FY07 — September 1, 2006 - August 31, 2007

In FY07, the ICJS operated with a budget that covered income and costs of $760,122 (unaudited figure).

Contributions

FY07 Annual Fund

$236,337 — 31% of operating costs.

Annual Fund contributions are unrestricted funds. This total includes $30,433 in 20th anniversary grants, which were included in the annual fund totals.

FY07 Project Grants

$78,500 — 10% of operating costs.

Project Grants were designated for and restricted to specific ICJS program initiatives, including:

Endowment and Program Income

FY07 Endowment

$365,716 — 48% of operating costs.

Each year the endowment may contribute up to 4.5% of its market value to our operating fund.

FY07 Program Fees and Book Sales

$21,327 — 2.8% of operating costs.

The Institute for Christian & Jewish Studies, Inc. is a non-profit, tax-exempt educational organization under section 501(c)(3) of the Internal Revenue Code. Our audited financial statements are available for public inspection through our offices at 956 Dulaney Valley Road, Baltimore, Maryland 21204. Project grant reports and evaluations, publications, and additional information on annual fund and capital campaigns can be obtained for the cost of copying and postage. Please contact the development office at 410-494-7161.

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