steward 2024 final digital single - Flipbook - Page 9
F Y 2 024 CONTR IB UTIONS
Wycliffe USA has three primary sources of contributions:
ACTIVE MEMBERSHIP & PAID STAFF
3,500 3,247
3,166
3,142
FY
2022
FY
2023
3,000
» Gifts to support members.
2,500
» Gifts to support language projects and partnerships.
2,000
2,936
1,500
» Undesignated gifts, primarily from planned giving and estates.
Total contributions for FY2024 were basically in line with
FY2023, but the sources of contributions shifted during
the year. Member contributions continue to be the primary
source, but as the number of members has slightly declined,
contributions to support these members have followed the
general trend.
Project and partnership contributions grew by over 9% in
FY2024. This reflects the generosity of our donors, which
enables us to continue to say yes to local churches and the
significant growth we are seeing in language projects.
1,000
500
FY
2021
FY
2024
TOTAL LANGUAGES IN PROGRESS
5,000
4,000
3,000
2,000
53%
45%
Undesignated gifts come primarily from planned giving and
estate gifts. While there was a decrease in FY2024, we see
positive trends, and Wycliffe USA continues to be a recipient
of the larger trend of an “intergenerational wealth transfer”
that includes gifts to charities.
35%
1,000
24%
0
Total Languages Engaged
Worldwide
Wycliffe Funded Languages
OV E RALL FI NANCIAL H EALTH
During FY2024, Wycliffe USA deployed a record $13 million in reserves to fund translation projects.
As only God can do, the generosity of donors, strong financial markets and stewardship of operating
expenses caused our overall available reserves to grow by approximately $5 million! We will continue
refining operational activities to ensure we are stewarding resources to maximize the amount of funds to
directly support Bible translation programs. The available reserves allow us the flexibility to start Bible
translation projects even before donor gifts arrive.
