THE ORGANIZATION MANAGED PROPERTY FOR THE BENEFIT OF PHOENIX SEMINARY, ITS SUPPORTED ORGANIZATION. IT ALSO GRANTED $44,979 TO PHOENIX SEMINARY ALLOWING PHOENIX SEMINARY TO PROVIDE SCHOLARSHIPS TO SIX STUDENTS DURING THE FISCAL YEAR. ADDITIONALLY, IT GRANTED $34,243 FOR FACULTY SALARIES IN PASTORAL THEOLOGY. WE ALSO SUPPORTED PHOENIX SEMINARY WITH GENERAL GRANTS OF $800,000.