CLA Annual Report 2019

5 COLLECTION FOR THE CHURCH IN LATIN AMERICA Statement of Revenue, Expenses, and Other Changes in Net Assets for the Year Ending December 31, 2019 Revenues National Collections Contributions $7,641,654 Grants, Bequests, and Other $4,400 Income on Investments $703,750 Total Revenue $8,349,804 Expenses • Grants and Donations* $6,857,039 82.8% • Allocations-Internal Grants** $584,444 7.1% • Program Costs $520,375 6.3% • Promotions and Fundraising Expenses $222,916 2.7% • Administrative Expenses $92,725 1.1% Total Expenses: $8,277,499 100% Total Expenses Excluding Internal Grants: $7,693,055 Total Grants and Donations Including Internal Grants: $7,441,483 Changes in Net Assets from Operations $72,305 Non-Operating Activities Unrealized (Loss) Gain on Investments $1,059,577 Changes in Net Assets $1,131,882 Net Assets at the Beginning of the Year $9,191,354 Net Assets at the End of the Year $10,323,236 *Grants approved in 2019 totaled $7,373,095. Grants and donations in 2019 totaled $7,441,483, including payments and write-offs to grants approved in 2019 and prior years. **Internal grants include a distribution from the Collection for the Church in Latin America to the USCCB’s International Justice and Peace program. This grant funds U.S. advocacy and policy advisory work for Latin American countries and issues. See the complete USCCB financial report at www.usccb.org . 2019 DISTRIBUTION OF APPROVED GRANTS Total Number of Grants: 412 | Total Amount Approved: $7,373,095 Geographic Region Grant Count Grant Amount Percentage • Andean Countries 151 $2,835,564 38.46% • Caribbean 104 $1,510,087 20.48% • Mexico and Central America 69 $1,259,198 17.08% • Southern Cone 78 $1,146,128 15.54% • Latin American Episcopal Council (CELAM) 1 $400,000 5.43% • Multinational 9 $222,118 3.01% 2019 FUNDING BY GRANT CLASSIFICATIONS Geographic Region Grant Count Grant Amount • Pastoral 303 $5,306,245 • Formation of Clergy, Religious, and Vocations 99 $1,788,350 • Other 6 $183,500 • Emergency 1 $50,000 • Child Protection 1 $25,000 • Inter-America Fund 2 $20,000

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