2021 Faithful Gift Fund

We ask you, our church family, to pray that the ”2021 Faithful Gift Fund” will be funded enthusiastically so that our budget can be balanced quickly.

2021 Budget Shortfall

The budget committee has worked diligently since October to develop a balanced budget for our church in-spite of the Covid-19 restrictions and other issues that have reduced the number of Pledging Units from 142 in 2020 to 114 in 2021.   Significant cost reductions have been made and approved without making substantial cuts to our major ministries.  These will be addressed in full when the budget is mailed to you for your final approval.  The I&E (Investment and Endowment) Committee has approved the disbursement $11,000 which does not affect the principal.  Salaries and Wages have been reduced for our staff for the 3 months of summer programming totaling $11,000.  Our Custodial staff has accepted reduced compensation in-line with the average in our area.  Committee and Board chairs have approved giving back to the church budget from their restricted funds totaling $48,860.  We are grateful for their stewardship and sacrifice.

A final review of our budgetary plans has revealed a $16,000 shortfall.  We have therefore, suggested the Establishment of the “2021 Faithful Gift Fund”. We have been given seed money of $2,000 to begin the growth of this fund.  We ask you, our church family, to pray that the ”2021 Faithful Gift Fund” will be funded enthusiastically so that our budget can be balanced quickly.  Our prayer chain is praying along with you.  It is planned that if the fund is oversubscribed that all funds collected above the required $16,000 will be deposited in the Restricted Funds Reserve account to replenish its balance.

Thank you!

Board of Stewardship Ministry & Executive Council

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