Annual Report 2017

Annual Report Support Foundation St. Andrew's Biblical Theological Institute 2017

 

Introduction

In 2017 we continued the work, which has been done for quite some years now: support the work St. Andrew's Biblical Theological Institute is doing. Here we give a summary of our work.

 

Board and Board meetings

At the end of the year the following persons were members of the Board:

Mr. Wolfgang Lenz (Solingen, Germany) – chairman;

Mr. Jaap van der Sar (Wageningen, Netherlands) – secretary;

Mr. Fred Bogaards (Wageningen, Netherlands) – treasurer;

Mr. Rüdiger Noll (Berlin, Germany) - member.

Mr. Alexei Bodrov, rector of St. Andrew's Biblical Theological College, is advisor of the Board.

 

The members of the Board don't receive any compensation for their work; they are committed to the work, which they all do on a voluntary basis. In general costs are covered by themselves.

In 2017 the Board has not met as a full Board in person. At one occasion all but one met in Wageningen, where also the advisor was present in person. Whenever required, information has been shared among all members of the Board, either by phone or by e-mail. And more than once joint participation in other meetings was used to meet in smaller groups.

The Board continues to consider the way it has worked as effective and efficient.

 

Official Information

Name:                  Stichting Steun St. Andrew's Biblical Theological Institute

Address:               Veerweg 51

                             NL – 6703 CN Wageningen

Telephone:           +31 (0)317 417774

E-mail:                 jaapvandersar (at) gmail.com

 

Bank account:      NL76 RABO 0148567282

BIC:                     RABONL2U

Chamber of Commerce:  09182091

Fiscal number ANBI:      819357108

 

Support

In 2017 the main characteristic was 'business as usual' especially regarding the activities of St. Andrew's. As a Support Foundation we are proud that we have been able to support the work of St. Andrew's throughout quite some years.

The work of the Support Foundation, also regarding the spending of the money, dealt with the work outside the home country.

We would like to thank our donors as well as individuals, which have supported us in our work. We think about contacts at the Free University in Amsterdam (NL), colleagues at several Protestant Academies in countries like Germany, Sweden, United Kingdom and more. It was an encouraging part of the support which could be generated for St. Andrew's Biblical Theological College.

We also would like to thank donors which supported our Foundation in the last year.

  

Wageningen, March 2018

 

Financial Report 2017

Balance Sheet 31 December (all amounts in Euro)  

Assets			2016		2017
Bank Accounts receivable			70.862         112      70.974		136.620            19    136.639
Liabilities and equity
Equity -          Balance 1 Jan. -          Result		644 -203	441	441 -174	267
Reserved funds -          Balance 1 Jan -          Funds received -          Funds transferred -          Balance 31 Dec. Accounts payable		61.783 30.736 -22.000	70.519 14 70.974	70.519 106.837 -41.000	136.356 16 136.639
Profit and Loss
Income			2016		2017
Interest Total Income			112 112		19 19
Expenditure
Other costs Bank costs Total Expenditure   Result			150 165 315   -203		193 193   -174