FAQ's
1. What is the difference between giving to my regular envelope and the envelope marked “Campaign/Mortgage?”
Regular tithing is for our operating budget for such things as our school, heating/cooling, staff, etc. Giving to the Campaign/Mortgage Fund goes toward our mortgage debt.
2. How much do we still own on our building? $2.7 million.
Our recent successful Oktoberfest took off $82,000 from the debt!
3. Our Monthly Mortgage Payment is $41,000, and we currently average $16,500/month in contributions to this fund. We take money out of our savings to make up the difference. This campaign is to increase giving to the Monthly Mortgage Fund, so we are able to make the full payment. Our last campaign – about 4 years ago – helped us cover the full payment for several years.
4. What happens when our mortgage is paid off? We will seek ideas from you, our parishioners, about your dreams for the parish. Then the Parish Council will create goals as suggestions to the pastor and staff.
5. Can I donate land, my house, stocks, or other investments? Absolutely. There are many creative ways to make your donation. These are also great ways to include your parish as a beneficiary in your will or estate planning.
6. I am already using my monthly envelope for the Campaign/Mortgage. May I just continue that as my pledge? Yes. Any increase to your current giving would help us tremendously.
7. Is there flexibility in when I make my donation? Yes. Some people give more the first year, while others, due to investments and the financial market, plan to give more in the second or third year of the campaign.