At December 31, 2010, our Sacred Space giving was as follows:Total gifts given and pledged to the three year capital stewardship campaign totaled $3,998,203. This total of $3.99 million can be broken down as follows:
- Pledged Gifts, $2,490,000,
- Unpledged Gifts, $1,469,000,
- Interest Income, $39,000.
November gifts totaled $85,000 and December gifts totaled $102,000. The pastors, staff and steering committee are all so grateful for the ongoing sacrifices made by each and every family.
Enthusiasm and giving remains high as we near the completion of the construction phase of the capital campaign. Final construction activity will culminate this month (January, ’11) with the placement of the cupola over the new main entrance.
Of the total $3.99 million in gifts, $2.89 million has been collected to date. The difference, just under $1.1 million, represents outstanding pledges spread over the remaining 15 months of the capital stewardship campaign. We are now 21 months into our 36 month capital stewardship campaign, which runs from April 2009 to March 2012.
New gifts, including unpledged gifts, continue to be made each month (over $21,000 in December.)
We are very, very close to topping the $4 million mark for the campaign. We continue to set aside a contingency against pledge receivables. This contingency will assure that we are able to completely pay-off our outstanding construction loan. As of December 31, 2010, the outstanding construction loan was at $873,000.
