In case you missed the update at our Family Meeting Sunday night, here are some of the campaign highlights we discussed.

These first weeks of June mark several significant milestones. We are:

• 50% percent of the way through our 14 month campaign….
• 50% of the campus has been improved
• 50% of the income has been received toward our $950,000 campaign goal
• 50% of the cost of our campaign goal was the reconstruction of our parking lot
• 100% of the parking lot reconstruction is now complete

Let’s celebrate these milestones together!

Capital campaigns happen above and beyond regular giving. Often capital campaigns require scaling back for a season in some areas in order to emphasize other areas where financial resources are needed the most. Our financial picture is a story of those two dynamics.

Our ability to break ground is made possible as a result of efficient stewardship of our Ministry Fund.

While giving to the ministry fund is below budget by ~$120,000 …

Our staff has also scaled back ministry fund expenses by ~$80,000

Our prayer is that we would close the financial gap of ~ $40,000 deficit by the end of June (our fiscal year-end).

Keep in mind that last year we ended the year with $70,000 surplus that we applied to the campaign. All this to say, during a campaign year (launched after the start of our fiscal year) this decreased giving to the ministry fund does not take us by surprise. And when we consider the generosity toward the capital campaign during this same year, our congregation continues to excel in the grace of giving.

Capital Campaign Fund Update

Our congregational vote to pursue a capital campaign almost equal in size as our annual budget was indeed a huge step of faith. In terms of our entire goal we are just over half way to our $950,000 goal. This is praiseworthy.

We would be remiss to not pause and thank God for the generosity of this congregation.

Our congregational vote to pursue a capital campaign almost equal in size as our annual budget was indeed a huge step of faith. In terms of our entire goal we are just over half way to our $950,000 goal. This is praiseworthy.

We would be remiss to not pause and thank God for the generosity of this congregation.

It is important to note that due to our steps to pay down debt at an accelerated rate, as well as the estimated cost of the parking lot, we may need to dip into our cash reserves in order to pay for the parking lot. Another way of saying this is that we still need more in our Capital Campaign Fund to pay for the parking lot invoice that we will receive shortly.

If you have been considering giving to the ministry efforts here at Rush Creek, or even giving to a greater extent to the Ministry Fund and/or Capital Campaign Fund, would you prayerfully consider helping close those gaps?

We have taken significant steps of faith together and God continues to be faithful in and through his people here at Rush Creek. Thank you for being a faithful steward.

70,000 Prior year generous giving applied to the campaign

184,723 Unpledged giving toward the campaign

225,510 Pledged giving

113,745 Pledged giving not yet received

_______

$593,978 Committed to the Welcome Home! Campaign

If you have pledged and are able to accelerate your giving, our goal would be to have another $150,000 in our capital campaign account so we don’t need to “borrow” from ourselves when the bill comes due later in June.

If you haven’t yet invested in the Welcome Home! Campaign, it is one way that we can strive together to excel in the grace of giving. By the end of our campaign we are praying for 185 individuals/families to participate financially in this project.

Due diligence continues in each of the following remaining areas. As always, our plan is to go at the pace that finances allow and incur no additional debt along the way.

We are grateful for so many involved in the due diligence, execution, and finances of the projects we are tackling together as a congregation. We are also thankful for so many generous individuals that are paving the way for ministry for years to come!