FINANCIAL
Overview
Friends Network supports a large, global team of missionaries on a very lean budget. Our annual expenses include activities related to recruiting, training, sending, and supporting our missionaries, and we employ a small staff in the United States to carry out this work. Most of our missionaries are supported either by gifts from their support network (learn more here) or through local employment like English teaching.
100% of our revenue comes directly from charitable gifts given by individuals, churches, and schools. Friends Network receives no direct financial support from its affiliated synod or denomination. To make a tax-deductible donation, please click here.
Budget
2022-2023 Operating Budget = $496,000.
Missionary Care
31%
Missionary Stipends
17%
Training
6%
Recruitment & Fundraising
19%
Travel
9%
Administration/
Operations
18%
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Missionary care includes health and liability insurance, benefits, counseling, and mentoring.
Stipends include field start-up costs and program/ministry expenses.
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Transparency
Friends Network is a 501(c)3 nonprofit organization registered in the state of Minnesota. Our federal tax filings (IRS Form 990) and other financial reports are available for free at Guidestar.org, where Friends Network has been awarded a Silver Seal of Transparency.
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