About Us How We Serve Vocations At the Monastery Get Involved News & Events Alumnae Gift Shop DONATE SELECTEER EEN TAAL Stewardship Report, Fiscal Year 2019 July 1, 2018 – June 30, 2019 DOWNLOAD REPORT PDF 2019 FINANCIAL REPORT We are a community of teachers, social workers, counselors, and so much more. Our ministries are many; our charge, singular: “Receive each person as Christ. Never turn away when someone needs your love.” For over 150 years, we have made it our mission to be a presence of peace, caring about “the least of these” in more than a dozen states and countries around the world. “We, the Sisters of St. Benedict of Ferdinand, Indiana, are monastic women seeking God through the Benedictine tradition of community life, prayer, hospitality, and service to others. By our life and work, we commit ourselves to be a presence of peace as we join our sisters and brothers in the common search for God.” OUR MISSION Sisters of St. Benedict of Ferdinand, IN, Inc. 2019 FISCAL YEAR AT A GLANCE CONSOLIDATED STATEMENT OF ACTIVITIES HOW WE SPENT EACH DOLLAR EXPENSES: $10,142,439 CHANGE IN NET ASSETS: $3,771,538 *Click the graph to view a larger image Monastery Administration, Support, and Vocations: Includes expenses for all administrative departments, fundraising, technology, marketing, and institutional costs, including promoting vocations and religious life. Operations/physical plant: Covers the maintenance and operation of the monastery grounds and facilities, utilities, food services, personal needs of sisters, as well as the depreciation of fixed assets. Health care: Amount paid for direct medical expenses for all sisters, including those who are active, who are independent, and who need assisted and long-term care Community ministries: Includes Monastery Goods and Services, spirituality ministry, the dependent monastery in Peru, Benet Hall, and hospitality. Living expenses-off the hill: Covers food, rent, vehicles, and household costs for all sisters who live off the hill. These costs enable sisters to minister to areas at some distance to the monastery. Education/Professional Development: Amount paid to cover the cost of tuition for sisters’ education, professional licenses and expenses, fees for retreats and spiritual direction, and community formation. REVENUES, GAINS, AND OTHER SUPPORT REVENUE: $13,913,977 *Click the graph to view a larger image Salaries and benefits earned by the sisters: All earnings received by the sisters are given back to the community. The sisters hold everything in common, keeping nothing individually. This total includes retirement funds, Social Security, inheritance, and gifts. Investment income: Represents all earnings/losses on investments, realized and unrealized. Donor contributed gifts, grants, and pledges: These funds include gifts of cash, stock, and pledges. This amount is the gross total revenue received from the entire entity: Monastery, Peru, and Hildegard Health Center, Inc. Auxilary income: Majority of these revenues come from facility rental fees and inter-departmental revenues. Hildegard Health Center, Inc.: This includes the lease agreements and operating fees from Green County Hospital doing business as Hildegard Health Center, Inc. Community ministries: Revenue includes sisters’ spirituality ministry and Monastery Goods and Services. Benet Hall: Revenue generated from the Affordable Senior Housing unit that resides in Benet Hall on Monastery campus. ABOUT US WAYS TO GIVE Sisters of St. Benedict of Ferdinand, Indiana 802 E 10th St., Ferdinand, IN 47532 P: 812-367-1411 | E: sisters@thedome.org Connect With Us Sign Up for Our Newsletter © 2021 Sisters of St. Benedict of Ferdinand, IN. All Rights Reserved. Privacy Policy Sitemap Contact Us Share to Facebook Share to Twitter Share to Email Share to Pinterest More AddThis Share options