A BIGGER “FAITH BUDGET” The SAT-7 Executive Board approved a balanced budget of USD 17.8 million for our work in 2018, although it was recognised that an enormous amount of extra work would be required in order to see the needed USD 3.3 million increase in income, over and above our actual income in 2017. Our hope and prayer is that the launch of the new educational channel, SAT-7 ACADEMY will begin to attract additional support from agencies or organisations which would not normally support SAT-7´s other channels. And, of course, we also hope to attract growing support for all new SAT-7 initiatives – across all channels. URGENT FUNDING NEEDED The 2018 budgeted total expenses of USD 17.8 million is higher than actual expenses 2017. The main differences relate to the fact that both SAT-7 ACADEMY and the new SAT-7 PARS channel (on Yahsat) will now be broadcasting for a whole 12 months (instead of just a part of 2017). We are also now in the final stages of a three-year plan of progressively ramping up the SAT-7 TÜRK budget - to bring it to a level comparable with the budgets of other SAT-7 channels. Additionally, we are continuing to work towards building SAT-7’s organisational capacity. All of these steps have been taken with the clear goal of increasing both our reach and our impact, and in the face of must-take opportunities for the Kingdom of God! However, after a decade of very modest income growth, new funding is urgently needed to sustain this important and overdue growth. GIFTS-IN-KIND The gifts-in-kind for 2018 are budgeted separately and are expected to have a total value of about USD 1.1 million. Even though this figure is less than that of last year’s, it is a blessing to see such continuous input from donors. The gifts-in-kind include the value of seconded staff, the donation of studio hours or programming, and staff training - all which make an important contribution to SAT-7’s ministry. SAT-7  BUDGETS 2018 SAT-7 ACADEMY invests in programs such as Be Flex, that positively impact children and their parents, with an entertaining approach. ANNUAL REPORT 2017 34