Dreaming BIGM I N I S T R Y R E P O R T f o r 2 0 1 0 a n d 2 0 1 1

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Worship at St. Lazarus Church, Sudan

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Now Is the tIme for DreamING BIGone of the greatest blessings we have as leaders of national Christian foundation is the opportunity to meet generous givers all across the country. from Tampa to Topeka, we are blessed to hear the stories of incredibly humble believers who are stepping out in faith to dream big for the Kingdom.

as we witness this generosity movement sweeping across america, the verse in Joel 2:28 (nIV) comes to mind: “I will pour out my Spirit on all people. Your sons and daughters will prophesy, your old men will dream dreams, your young men will see visions.”

Today, as a united organization with a new brand, we have a big dream of our own: to mobilize an unprecedented abundance of resources to meet every Kingdom need and opportunity … around the corner and around the world. our most recent financial results from 2010 reflect this vision, surpassing even our wildest dreams with a record $608 million in contributions and grants of $395 million, our largest amounts ever.

While we could have never imagined these results years ago, the blessings to both givers and receivers are what we are celebrating. We praise God for the men, women, and children whose dreams of a better life and an amazing Savior are coming true through the generous gifts of followers like you.

Wherever you are today, we encourage you to take a few moments to ask God to pour out His Spirit and show you where your giving should be going this year. There’s never been a better time for you to step out with a God-sized vision. as the givers you’ll meet on the following pages can testify, He has an adventure in store for you!

Sincerely,

I will pour out my spirit on all people. Your sons and daughters will prophesy, your old men will dream dreams, your young men will see visions.

Joel 2:28 (nIV)

DID YOu kNOw?

Since 1982, we have

received over $4 billion in

contributions and granted

some $3 billion to over

20,000 organizations.

Terry a. ParkerCo-Founder and

Chairman Emeritus

Bill WilliamsChief Executive Officer

david H. WillsPresident

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the shape of GIvINGnational Christian foundation’s grants at-a-glance.

Whether it’s more screenings of the Jesus Film in Bolivia, more relief for storm victims in north Carolina, or more aid for orphans in Kenya, we help givers catch a bigger vision for all the resources that God has entrusted to them.

To illustrate how this giving shapes up for us in a typical year, the graphic to the right shows the total dollars we granted to some of our major areas of focus in 2010.

$125MIllIon To 1,221

CHarITIeS

$44MIllIon To 1,189

CHarITIeS

$25MIll Ion

To 312 CHarIT IeS

EvaNgElISM

activities where Christian

organizations are sharing

the Gospel, often in

conjunction with meeting

the physical needs of

those being served

EDucaTION

Institutions that provide

education through

private, parochial, and

public schools, including

elementary, secondary,

technical/specialty

institutes, colleges,

and universities

POvERT Y & RElIEF

organizations that meet

urgent needs for food,

clothing, shelter, and

medical care due to natural

disasters or a severely

underdeveloped economy

In the following pages, you’ll learn some of the stories behind these grants. These are just a few examples of more than 10,000 charities that we supported in 2010 and the thousands of givers whose big dreams are coming true with our help.

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$89MIllIon

To 2,763 CHarITIeS

$36MIllIon

To 1,872 CHarITIeS

$27MIll Ion

To 1,054 CHarIT IeS

$49MIllIon To 2,211

CHarITIeS

chIlDREN & YOuTh

organizations that

serve children and

teens, often focusing on

underprivileged young

people (school outreaches,

boys and girls clubs,

mentoring, etc.)

OThER

a variety of causes

including medical and

health issues, arts and

cultural organizations,

family support, as well

as environmental, animal,

and urban issues

DIScIPlEShIP

& chuRchES

Core services of the

Church such as preaching

and teaching, as well as

capital needs and funding

for expansion

huMaNITaRIaN

SERvIcES

Giving that addresses

a huge array of human

needs, including services

for the impoverished

and the ill

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as the world’s largest Christian grant-making foundation, it’s no surprise that our core giving is focused on spreading the Gospel. last year alone, $125 million went to Christian organizations whose primary purpose is to help the lost come to know Jesus.

often, the Good news is delivered hand-in-hand with compassion for other needs. Steve Perry of newport Beach, California, is one giver who utilizes this holistic approach. Steve explains,

“We do not divide evangelism and compassion. We believe we are called to fulfill both the Great Commandment and the Great Commission.”

Steve and his wife, Susie, have a burden for the Philippines. With our help, they created the Sacred Harvest foundation to fund ministry work there. They’ve helped with everything from schools and clean water efforts to a computer center and medical relief, all with an evangelistic focus.

Steve says, “The need is great, but we have hope. flora, one of the girls we’ve helped after being rescued from the horror of sex trafficking, says it best: ‘There is nothing impossible with Him. Behind all the painful experiences in life, He is not forsaking me.’”

“My life became colorful because I felt that there are people who love me.”

flora Mae (learning computer skills at Sacred Harvest’s shelter in davao City, Philippines)

evaNGelIsm

Top left: Steve and Susie Perry, who use NCF to operate Sacred Harvest Foundation

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1,221 charities received $125 million in evangelism

grants in 2010

Showing of the Jesus film, Bolivia

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Tornado disaster relief, North Carolina

312 charities received $25 million in poverty and relief grants in 2010

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povertY & relIef

The value of national Christian foundation’s Giving fund (donor-advised fund) is never more evident than in times of sudden disaster when we are able to distribute money quickly to meet urgent needs. last year, over $25 million poured out of our storehouse to supply provision in the face of extreme poverty and natural disaster.

To break the cycle of women and children trapped in poverty, the owners of The father’s Table in Sanford, florida, are giving away 50% of the profits from their family business. and since 1998, their company has become the #1 brand of in-store cheesecake. Pam Gilardi, a member of the family and an nCf giver, says,

“It will probably take generations to achieve, but our big dream is to someday give away $1 million a day.”

one of the many individuals that the Gilardis have helped support is eric okoth, an orphan of the severe aIdS epidemic in Kenya. as the eldest child at 21, eric was left with 16 siblings and cousins to care for after all the adults in his family died of aIdS. eric says, “I had no idea where I would start. I was forced to drop out at the university level to take care of my younger siblings.”

The Children Behind Project, funded in part by The father’s Table foundation, helped eric’s dreams of a better life come true with food, school fees, uniforms, and vocational training. Today, eric has come full circle as he, in turn, cares for 1,000 aIdS orphans through the community-based organization in Kenya that he leads.

“It will probably take generations to achieve, but our big dream is to someday give away $1 million a day.”

Pam Gilardi (with orphans from The Children Behind Project, Kenya)

Above: Eric and his wife, Jessica

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DIsCIpleshIp & ChUrChesfrom enlarging the sanctuary at a growing church to training indigenous pastors to teach the Bible in their own language, support for discipleship and the local church is another cause close to our hearts.

ed Thomas of Houston, Texas, has a heart for growing churches and new Christians. So in 2009, when he learned that millions of seekers visit the Internet looking for God every day, ed soon found himself on an unexpected adventure in the cutting-edge world of online ministry.

He began giving his time by volunteering in a leadership role with Global Media outreach, an organization focusing on web-based evangelism and discipleship. He began their church program now being used by hundreds of congregations as a tool for Great Commission purposes.

ed also supports online ministry work financially through his Giving fund. Several years ago, he donated a percentage of his appreciated business to nCf, which multiplied the impact of his gift because more went to Kingdom work than he ever imagined possible.

“It’s so exciting to give creatively of your time, energy, and resources and hear encouraging stories of impact,” says ed. “I received this comment from a visitor to the website I helped establish: ‘I have been witnessing to my sister for years with no results but just recently she accepted Christ as her personal Savior on your site. Thank you for this answered prayer.’”

“Using today’s innovative, online tools, I truly believe that my dream of seeing the Great Commission fulfilled in my lifetime will happen … even if I am 68!”

ed Thomas (gives to national Christian foundation to support online church ministry)

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2,763 charities received $89 million

in discipleship and church grants in 2010

Rebuilding a chapel, Liberia

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Spiritual enrichment, Honduras children’s hospital

1,189 charities received $44 million in education grants in 2010

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eDUCatIoN

In addition to meeting spiritual and physical needs, our giving is often focused on schools and institutions that change lives through the opportunity of education.

When Gary Venable of Kansas City, Kansas, first visited India in 2000, he saw that parents there dreamed of being able to offer their children the key to a better life: a quality english education. In 2007, Gary and his wife, Jan, connected with us and set up a Giving fund to help raise money for building a Christian school to serve middle-class families in India. Immanuel International academy became a reality in 2010. atoli Pongener, an Indian woman whose daughter attends the school, says,

“Immanuel is one place where the atmosphere is healthy. It will soon become a place where children will have immense learning.”

“The God-sized vision of sharing Jesus across India is a big dream with many facets. Building this school is an important step on that journey.”

Gary Venable (with students during morning announcements)

Jan Venable at the Academy’s opening with new student, Ischa

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hUmaNItarIaN servICesWhether it was for building a homeless shelter in a busy U.S. city or drilling a well in a small village halfway around the world, over $36 million was dedicated to serving the impoverished and the ill last year.

In Columbus, ohio, nCf givers dave and anne durell have a big dream to help the sick in Phnom Penh, Cambodia, through Mercy Medical Center. The durells – along with their three children Jeanne, Bizzie, and John – have opened Giving funds to help support this unique ministry. Mercy Medical not only treats the sick but also trains Cambodian doctors to become strong Christian witnesses.

on their first trip in 2005, the durells met dr. Chap Modich, who was orphaned at five years old when the Khmer rouge regime took over. Chap’s parents and two of his brothers died as a result of the bloody genocide. raised by his older sister, he was a very compassionate young man, determined to study medicine and help the poor of his country. He became a Christian in his last year of medical school through the influence of a missionary. In 2000, he eventually came to Mercy Medical and now serves as their national director.

Today, in a wonderful cycle of giving, not only do the durells continue to support Chap’s work, but Chap himself donates part of the profits from his private practice to help treat the poor.

“no one feels loved more than a parent whose child has been healed.”

dave durell (with children at the medical center)

Top left: Dr. Chap Modich, Mercy Medical Center

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1,872 charities received $36 million in humanitarian services

grants in 2010

Medical care for earthquake survivor, Haiti

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CoNNeCt wIth Us aND share YOuR Dream.We hope you’ve been inspired to do some dreaming of your own.

and we’d like to know what God has on your heart. So visit us on facebook, and “like” our page to become part of a community of big-dream believers for the Kingdom. Then, share your dream on our wall. let’s start a new conversation across the nation today about dreaming big for God!

“like” us on facebook and get your free book! Visit our page at nationalchristian.com/facebook.

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photo NotesSpeaking of sharing, we would like to thank the following people and organizations who so generously shared the pictures in this Ministry report:

Charity : Water

CUre International

lifesong for orphans

Mission India

oneHope

Samaritan’s Purse

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Smiles around the water well, India

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oUr BoarDnational Christian foundation is known for the character, mission, and stability of our national Board of directors. With a biblical perspective on giving, our Board’s goal is to make certain every dollar that comes to us is ultimately distributed to further God’s Kingdom. You can be confident that our Board provides the support of dedicated, like-minded leaders who are dreaming big, just like you.

Jay BennettPresident, National

Christian Foundation

Twin Cities

James C.

BlankemeyerChairman of the Board;

Founder, MetoKote

Corporation

Terry a. Parker

(Co-founder)Retired – Womble,

Carlyle, Sandridge &

Rice, PLLC

Jesse T. CorrellFounder and Chairman

of the Board, First

Southern Bancorp

Phil drakeChairman of the Board,

Drake Software

James B.

“Buck” McCabeSenior Vice President,

Finance, and CFO,

Chick-Fil-A, Inc.

Sandra T. JohnsonThe Sandra and William

B. Johnson Foundation

EMERITuS MEMbERS

larry a. Burkett (Co-founder) 1939–2003

ronald W. Blue (Co-founder)Member Emeritus;

President, Kingdom Advisors

anthony WauterlekMember Emeritus

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mIssIoN to enable followers of Christ to give wisely to advance his Kingdom

vIsIoNto mobilize an unprecedented abundance of Kingdom resources to accomplish every good work

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december 31,

2010 2009

assets

Current assets

Cash and cash equivalents 419,373 334,674

Investments 874,892 735,773

accounts receivable 844 1,944

Contributions receivable 458 311

Inventory 133 95

Current portion of notes receivable 2,472 1,108

Prepaid and other assets 322 430

1,298,494 1,074,335

Property and equipment-net 4,012 4,635

notes receivable-net of current portion 8,573 9,356

Beneficial interest in trust 5,877 0

assets held in trust 1,187 40,507

Total assets 1,318,143 1,128,833

liabilities and net assets

liabilities

accounts payable and accrued expenses 4,131 3,696

Income taxes payable 1,364 1,329

deferred revenue 131 61

annuities payable 1,648 828

annuities reinsured payable 5,615 5,072

Trust liabilities 1,187 34,218

notes payable 3,084 2,145

17,160 47,349

net assets

Unrestricted 1,290,366 1,073,030

Temporarily restricted 10,617 8,454

1,300,983 1,081,484

Total liabilities and net assets 1,318,143 1,128,833

national Christian Charitable foundation, Inc. and affiliates Consolidated Statements of financial Position (in thousands)fIsCal

reportThe financial statements on these pages represent

selected excerpts taken from national Christian

foundation’s audited financial statements for

december 31, 2010 and 2009.

Some key highlights for 2010 compared to 2009 include:

• Growth in total assets of over $189 million (17%)

• Growth in contributions of over $231 million (62%)

• Growth in grants of over $66 million (20%)

• reduction in total liabilities by over $30 million

(of the dec. 31, 2010, liabilities, 76% are associated

with charitable gifts received, and payables

associated with nCf operations are always

kept current.)

for comprehensive details of the figures on these pages,

download our audited financial statements on our website

at nationalchristian.com/about.

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Year ended december 31,

2010 2009

Unrestricted Temporarily restricted

Total Unrestricted Temporarily restricted

Total

Support and revenue

Contributions 416,634 1,482 418,116 242,916 1,560 244,476

noncash contributions 181,975 8,325 190,300 132,299 - 132,299

Investment income 41,222 - 41,222 47,185 - 47,185

Change in value of annuities and trusts (764) (6,136) (6,900) (502) (399) (901)

other revenue 3,327 - 3,327 2,610 - 2,610

Total Support and revenue 642,394 3,671 646,065 424,508 1,161 425,669

reclassifications

net assets released from restrictions

expiration of purpose 1,405 (1,405) - 1,740 (1,740) -

expiration of time 103 (103) - 100 (100) -

1,508 (1,508) - 1,840 (1,840) -

national Christian Charitable foundation, Inc. and affiliates Consolidated Statements of activities (in thousands)

expenses

Program services

Charitable distributions 394,751 - 394,751 328,341 - 328,341

Grant administration 4,692 - 4,692 6,017 - 6,017

Christian education and outreach 6,419 - 6,419 11,779 - 11,779

405,862 - 405,862 346,137 - 346,137

Supporting activities

General and administrative

(including tax expense of $2,704 and $7,270, respectively)

17,065 - 17,065 21,129 - 21,129

fundraising 1,856 - 1,856 1,749 - 1,749

18,921 - 18,921 22,878 - 22,878

Total expenses 424,783 - 424,783 369,015 - 369,015

Change in net assets from operations 219,119 2,163 221,282 57,333 (679) 56,654

Write off of Software Costs (3,965) - (3,965) - - -

Change in Controlled entity 2,182 - 2,182 1,489 - 1,489

Change in net assets 217,336 2,163 219,499 58,822 (679) 58,143

net assets, Beginning of Year 1,073,030 8,454 1,081,484 1,014,208 9,133 1,023,341

net assets, end of Year 1,290,366 10,617 1,300,983 1,073,030 8,454 1,081,484

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