The Capital Campaign Commitment day is Sunday, April 10.
As committed members and friends make their last pledge payments to the 2009 Capital Campaign on Sunday, April 3, the Capital Campaign Committee is planning to launch a new capital campaign with Commitment Sunday on April 10. The funds raised from these capital campaigns are used to make our monthly mortgage payment. Funds given beyond the amount required to pay the mortgage are used to make additional payments toward the principle of the mortgage.
As of February 28, 2011, the mortgage loan balance was $1,132,155.32. The committee’s goal is to reduce this balance below $1M during the next 24 month period. In order to do this, everyone’s pledge is needed. This task seems overwhelming, but then again, so does eating an elephant! And if you haven’t heard, the way to eat an elephant is one bite at a time. Likewise, we’ll retire our debt one pledge at a time.
Let’s breakdown what we need to accomplish! The monthly mortgage payment is $6,200. That means that over the course of two years, ($6,200 x 24), we’ll need $148,800 or $150K. Of the $150K we pay the bank over the next 24 months, $100K will pay the interest for 24 months and $50K go to principal. This will reduce our principal balance to $1,082,000, leaving us with an additional $82K needed in pledges to get the balance below $1M.
We hope that you can join us in worship on Commitment Sunday, April 10, as we bless the pledges received. If you cannot attend one of the worship services but would like to have your pledge included in the blessing, please forward your pledge card that you received in the mail to the church office or place it in the offering tray during one of the services prior to April 10 and it will be included in the blessing.
During the week before Commitment Sunday, we also invite you to join with us in prayer about this Capital Campaign. Over the next days, you’ll receive a postcard in the mail inviting you to pray over certain Scriptures with your church. Also, please join is in prayer on April 3 by committing with the congregation to twelve hours of prayer—fifteen minutes at a time from 7 am to 7 pm. You can commit to a time slot on the sign-up sheet at the church.
In 2 Corinthians 8:12, Paul writes to the church at Corinth, reminding them that it doesn’t matter how much you have but how much you give of what you have. As a faithful, committed Christ follower, please prayerfully consider an amount that you can pledge toward the 2011 Capital Campaign.
Blessings,
Capital Campaign Committee
Members: Jack Barr, Shelly Handy, Carrie Norman, Iletta Pulley, Laurie Wood, Kurt Harris, Julie Butcher, Tara Brown