At our January 26 Parish Council meeting, someone suggested we start putting Capital Needs donation envelopes in the back of the church. I think that’s a good idea. (Not everyone receives the bi-monthly envelope packet, which includes Capital Needs envelopes.) We’re planning some major capital projects this year, such as replacement of the main electric panel and roof work on the school building. To pay for them, we’ll need a combination of fundraising and financing tools.
One fundraising tool is the envelope system. We’re also planning on online effort—more on that in a few weeks. Finance Council members are aware, involved, and helping with financial planning and fundraising.
As for financing tools, we have an excellent partner in Catholic Finance Corporation (CFC). Their expertise will enable us to take out a line of credit. That will help us take care of urgent problems—and we’ll save money over the long term. Financing can also spread costs over 10-20 years, as opposed to a capital campaign in a given one- to three-year period.
In sum, we want your help with capital needs. In order to take care of people, we have to take care of our buildings.
As an alternative to using envelopes, please consider setting up a monthly Electronic Funds Transfer (EFT). Many parishioners already use EFTs for operational support. More recently, some donors have added a Capital Needs component to their online giving. Call or email me for more information about EFTs.
If you would like an annual contribution statement for 2022, call the parish office or email Angela. We send these statements out upon request. (According to the IRS, it is the donor’s responsibility to ask for such statements.)
These annual contribution statements differ from the contribution acknowledgments we routinely send out for any single contribution over $250.00. These can happen at any point in the year.
Regardless of how or when you contribute, thank you! We could not sustain our service to our community without your generous support.
Have a great week!