SUPPORT YOUR PARISH
I’m continually impressed at everyone’s generous support of St. Matt’s mission, whether it be through gifts of time, treasure or talent—or some combination of the three. Mary Leibl’s column regularly addresses time and talent, so I won’t go into those here.
Rather, I want to continue talking about money. Last week, I reported that contributions per month are ahead of what we projected last summer. We are on track to finish our fiscal year in the black. We’ve paid all of our regular bills. We’ve even managed a few small, overdue building projects.
Monetary contributions tend to fall into three categories: weekend collections (cash and checks), PayPal, and Electronic Funds Transfers, or EFTs. (EFTs are also called ACHs, though I confess I don’t understand the technical differences. I am not a banker, nor do I play one on television.)
PayPal offers convenience, and if that’s your preferred way to contribute, please continue. Note that you have the option of paying the 3% PayPal fee. If you don’t, the parish absorbs the fee.
By contrast, EFT fees are less than 1%. That’s why I usually recommend EFTs over PayPal.
Currently, about 50 parishioners use EFTs to make their contributions to St. Matt’s. Some contribute weekly, and others contribute once or twice a month. To manage the monthly contributions, we ask donors to choose the 5th, the 20th, or both dates in a given month.
To set up an EFT securely, I’ll need to talk to you—so we don’t share sensitive information via email. I’ll need your bank’s name, routing number, and your bank account number. I’ll also want to know the size and frequency of your contributions. All of this information is kept confidential, of course.
To learn more, and to set up an EFT, please give me a call at the parish office. Thank you for your support!
If ever you have questions about parish finances, please let me know. You can also talk to any member of our Finance Council. Our monthly meetings are open, should you wish to attend. Our next meeting is Thursday, June 30 at 4:30 PM in the Parish Center.
Have a great week!
Leave a Reply