The staff and board of directors of Friends of Forman are proud to announce the release of our 2023-24 annual report. This is a way to celebrate our collective impact, and transparently show how we’re being stewards of your generous gifts.
“There is much to celebrate this past year,” said Friends of Forman executive director, Rev. Dr. Roger Dermody. “The year ahead is filled with hope! Thank you for your partnership and trust. You are genuinely making God’s grace and love visible in Pakistan.”
The 12-page annual report showcases fundraising totals, expense categories, impact numbers, student stories, and information about Forman Christian College. The document records Friends of Forman’s fiscal year, which runs from July to June each year.
“Every time I share the story of Forman with people who have never heard of it, they are stunned,” said board chair, Rev. Dr. David Renwick. “I am fully committed to supporting Forman because I can think of no other institution that in a hundred ways embodies more effectively Jesus’ admonition to his followers in the Sermon on the Mount to be “salt and light.”
Here are just a few highlights included in the annual report.
Fundraising sources:
- Individuals: 58%
- Fundations: 20%
- Churches: 11%
- Investment income: 9%
- Organizations & businesses: 2%
Money given to:
- Scholarships: $788,967
- Campus Center & Library: $437,022
- Leadership & Faculty support: $244,271
- Pakistan Centre for Biblical Teaching & Research: $215,000
- Light of Hope: $177,704
- FCCU Endowments: $100,107
- Capital Projects: $56,675
- Total support: $2,049,946
FCCU Fast Facts
- University enrollment: 5,717
- Students on scholarship: 2,448 (27%)
- Women enrollment: 2,703 (47%)
- Scholarships to women: 832 (31%)
- Christians on scholarship: 911 (98%)
“When asked to join the board of Friends of Forman, it was clear the work aligned with my heart for educating persecuted women and concern for minority Christians,” said board vice chair, Heather Wright. “I am grateful for Charles Forman, whose actions provided generations, especially of minorities and women, hope and a future.”
Read the 2023-24 annual report for yourself here. Or visit the Our Impact page to view reports and audited financial statements from previous years. Thank you for your support of Friends of Forman, and we’re looking forward to even better success in the new year!