Download - Pw 2013 annual report
Dear Friends and Fellow Partners,
In 2013, we invested strategically to accelerate momentum toward a world without poverty andour model is working !
Our partnerships with local community institutions are workingproviding training, mentoring, access to capital and advocacy, removing obstacles, and building uppermanent local capacity to catalyze entrepreneurs and job creators.
Successful entrepreneurs, small businesses and community institutions are a stabilizingforce in their communities. Our partners lead the way and work towards transforming their entirecommunity into a flourishing economic environment for all.
Thank you for all you do to support this work. Enjoy our 2013 Annual Report and the impact of
in 57 locations on four continents,
what we’ve achieved together!
I rejoice with you in celebrating business as a calling to do God’s workcontinue to bless our partnership.
and ask the Lord to
Doug Seebeck, President
*This includes $470K gifts for The Global Fund and PW Enterpreneuers, distributed after our �scal year ended.
$4,571,323DONATIONS: INDIVIDUALS &
BUSINESSES
$358,235INVESTMENTS &
OTHER REVENUE
$201,101CHURCHES
89%
7%
4%
$5,130,659*
REVENUE
$3,747,433PROGRAM
86%
$202,127MANAGEMENT
5%
$396,548FUNDRAISING
9%
$4,346,108
EXPENDITURES
BUSINESSPEOPLE FAITHFULLY
PURSUING A WORLD WITHOUT POVERTY
Financial Summary: 2013 Annual Report
Ending poverty so that all may have life and have it abundantly.We mobilize long-term, hands-on global relationships to form a powerful Christian network that uses business as the way to create flourishing economic environments in allparts of the world.
Our Work
BUSINESS AFFILIATE
A BA is a group of experienced businesspeople deeplycommitted to assist an LCI by helping to develop concrete plans, share expertise and provide financial support.
PARTNERS WORLDWIDE
We build and support our global network of partners—identify and orient new LCIs and BAs, and facilitate and stabilizeemerging partnerships as they grow.
LOCAL COMMUNITY INSTITUTION
An LCI is a locally owned and led independent organization that is working to end poverty through business. Theycatalyze entrepreneurs and job creators in their community.
51,406JOBS CREATED
AND SUSTAINED
57NUMBER OF
LCI PARTNERSHIPS
7,013GRADUATES FROM
BUSINESS TRAINING
$9,134,581LOANS DISBURSED
THROUGH LCIs
571LOCAL AND
INTERNATIONAL MENTORS
$113.57COST TO SUPPORT A JOB CREATED OR SUSTAINED
PARTNERSWORLDWIDE.ORG // 800.919.7307 // [email protected]