Campaign for The Church Alive

 

CAMPAIGN FOR THE CHURCH ALIVE PARISH UPDATE December 2016

Parish Pledge Payments as of September 30, 2016 and Updates as of November 30, 2016

Mary, Mother of Hope Parish’s case statement directed that campaign funds allocated to the parish be used for building repairs. The first repair required, for the Church roof due to leaks and interior damage, amounted to $192,801 and will use all pledge money received. Income from Church Alive pledges to the parish plus interest was $93,014 and we have applied $93,000 to this project. The cost of the roof repair was paid in full by withdrawing from the saving account. As we receive pledge payments, money is transferred to savings to replace the roof payment withdrawal so that we have funds available for future needs. Total pledges to the Campaign for the Church Alive were $510,260 and Mary, Mother of Hope’s share of the pledges is projected to be $188,796.

St. Joseph the Worker Parish’s case statement directed that campaign funds allocated to the parish were to be used to replace the Church roof. The roof project, including painting trim, was $215,000 and will use all pledge money received. This amount was reduced by a grant from the Hoyt and by a bequest in a will. Income from Church Alive pledges to the parish plus interest was $41,584. We applied $41,000 to the loan and the loan balance is now $155,872.07. As future pledge money is received, it will be transferred to reduce the loan balance. Total pledges for the Campaign for the Church Alive were $310,345 and St. Joseph’s share of the pledge payments is projected to be $114,827.

St. Vincent de Paul’s case statement directed that the campaign funds allocated to the parish were to be used to replace the church pews and to inspect and repair or replace roofs on parish buildings, and $4,000 yearly funding of the business manager salary. Income from Church Alive pledges to the parish and interest was $102,526 from pledges and interest earned. The pews were replaced and the entire amount was paid with Campaign for the Church Alive pledge money. The next project will be roof replacement. An inspection of all the roofs in the complex conducted by Florida Consulting was paid for with campaign funds. Total fund dollars spent was $74,529. The roof inspection revealed that all roofs are in poor repair and have exceeded life expectancy and deterioration is setting in.  No date has been decided for this work. The gym roof, which is probably the youngest (1987), has been recommended to be replaced first and within 1-2 years.   The other roofs are also original (1977).  The estimated cost of replacing all roofs is $285,000 - $300,000. There is a pledge balance of $27,997. This and all future pledge dollars received will be earmarked for new roofs. $480,435 was pledged to the Campaign for the Church Alive and St. Vincent’s share of the pledge payments is projected to be $177,761.

The projects in the case statement for St. Vitus that have been executed include a new lighting system for the church, the purchase of nearby properties to increase the number of parking spaces, and $4,000 yearly funding of the business manager salary. The lighting project is complete and we have purchased two properties and are in the process of acquiring a vacant lot. The completed projects used $187,630. Pledge payments received by the parish to date are $278,154. St. Vitus has a balance of $90,524. Other projects in the case statement include renovation of the school/parish kitchen, school infrastructure & school seed endowment. Total pledges made to the Campaign were $1,355,277 and the St. Vitus’ share of the pledge payments is projected to be $501,452.

Parishioners from all four parishes pledged a whopping total of $2,656,317 to the Campaign for the Church Alive. Many, many thanks to all who pledged or made a gift. GOD BLESS YOU!

A gift before the end of the year to a qualified charitable organization may entitle you to a charitable contribution deduction against your income tax if you itemize deductions.

 

Pledges are still being accepted for your parish’s Campaign for the Church Alive.
You can still be part of the investment in your Parish.
Contact Fr. Almade, through your parish office, to make your pledge or bequest.


 

The Church Alive link

 

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