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Financials

"But my God shall supply all your need according to his riches in glory by Christ Jesus".... Philippians 4:19

Faithfulness and stewardship are two key concepts that have characterized The Gideons International in the Philippines since its inception in 1953. The Association remains faithful to God’s call and direction in maintaining its singular objective of winning others for Christ while observing a level of stewardship focused on properly using the resources entrusted to it.

 

These two key characteristics are especially evident in the handling of the donations received by The Gideons International in the Philippines.

Per the audited financial statements for the fiscal year ending May 31, 2021, The Gideons International in the Philippines received Php27.5 million in total Offerings and Donations of which Php3.3 million was used for the purchase, placement, and distribution of Bibles and New Testaments across the country. In addition, Php1 million was used for other programs and services funded from donations by individual members and other resources not designated for Scriptures.

ANNUAL REPORT 2020

FOR THE FAITH OF THE GOSPEL

In addition to this brief overview of our 2020 fiscal year, you can also download a digital version of the full 2020 Annual Report. This will provide a more in-depth look at the impact God’s Word is having around the world thanks to your giving.

FINANCES

National Cabinet Responsibilities

The National Cabinet has overall responsibility for the fiscal budget of The Gideons International in the Philippines, Inc. The Finance Committee monitors the finances of the Association and reports to the National Cabinet, then to the International Cabinet.

Independent Auditors

Additionally, The Gideons International in the Philippines, Inc. annually engages an independent auditing firm to perform an audit of the financial statements of the Association in accordance with the standards generally accepted in the Philippines. Copies of the audited financial statements, along with the auditor’s report are provided to the Finance Committee and the National Cabinet for review.

The Gideons International in the Philippines is committed to trustworthy and faithful stewardship of all donations given to the Association. The most recent Audited Financial Statements of The Gideons International in the Philippines are available by clicking the link below:

Tax-Exempt Status

Donations to The Gideons International in the Philippines, Inc., a non-stock, non-profit religious organization, is recognized as tax-exempt under Section 30(E) of the National Internal Revenue Code of 1997, as amended.