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 that reality.
Ministry Fund Update
Our ability to break ground is made possible as a result of efficient stewardship of our Ministry Fund—spending significantly less (roughly 8%) than budgeted. And yet our church giving toward the ministry fund is down even further. So there is a gap—approximately a 1/2 month of income that we need to catch up with and overcome by the end of June (our fiscal year-end).
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.