Sacred Space Giving Report

It has been 90 days since our last stewardship update on Sacred Space capital campaign gifts.

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Total gifts given and pledged to the Sacred Space capital stewardship campaign totaled $3,953,000 as of July 31, 2010. This total of $3.95 million can be broken down as follows:

• Pledged Gifts, $2,490,000 from 226 families
• Unpledged Gifts, $1,424,000 from over 60 families
• Interest Income, $39,000.

Over the past six months we have averaged over $106,000 per month in gifts. May gifts totaled $116,000, June gifts totaled $58,000 and July gifts totaled $190,000.

Even with slightly lower summer worship attendance, enthusiasm and giving remains high in the midst of the construction phase of the capital campaign. We are all so grateful for the ongoing sacrifices made by each and every family.

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Of the total $3.95 million in gifts, $2.66 million has been collected to date. The difference, a little more than $1.29 million, represents outstanding pledges. We are now 16 months into our 36 month capital stewardship campaign, which runs from April 2009 to March 2012.

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New gifts, pledged and unpledged, continue to be made each month. We still hope to top $4 million before the campaign is completed. We continue to set aside a contingency against pledge receivables. This contingency helps assure that we only spend what we can reasonably plan to collect at the end of the three year campaign.

On a related note, Redeemer’s annual giving campaign runs September to August each year. At the end of July, 11 months into the annual campaign, revenues of $1.17 million trail expenses by just a few thousand dollars (tenths of one percent) as we enter August, the last month of the fiscal year.

Sacred Space Giving Report

Total gifts given and pledged to the Sacred Space capital stewardship campaign totaled $3,820,000 as of December 31, 2009. This total of $3.8 million can be broken down as follows:

• Pledged Gifts, $2,458,000 from 225 families
  
• Unpledged Gifts, $1,331,000 from 58 families
  
• Interest Income, $31,000.

In the month of December alone more than $136,000 was received. For November and December combined, more than $215,000 was received.

We are all so grateful for the ongoing sacrifices made by so many families.

Of the total $3.8m in gifts, $1,983,000 has been collected to date. The difference, a little more than $1.8 million, represents outstanding pledges. The capital stewardship campaign runs over three years, from April 2009 to March 2012.

New gifts, pledged and unpledged, continue to be made each month. We still hope to top $4 million before the campaign is completed.

Ten percent of the outstanding pledges (currently $184,000 as of 12-31-09) will be set aside in the project budget as a contingency against pledge receivables. This contingency helps assure that we only spend what we can conservatively plan to collect at the end of the three year campaign. As pledges are collected over the remainder of the three year campaign, the contingency will be reduced and the monies will be made available for construction spending.

Sacred Space Giving Report

Total gifts given and pledged to the Sacred Space capital stewardship campaign totalled $3,732,000 as of October 31, 2009. This total of $3.7 million can be broken down as follows:

• Pledged Gifts, $2,452,000 from 225 families


• Unpledged Gifts, $1,252,000 from 58 families


• Interest Income, $28,000.

We are all so grateful for the generous sacrifices made by so many families.

Of the total $3.7m in gifts, $1,767,000 has been collected to date. The difference, a little less than $2 million, represents outstanding pledges. The capital stewardship campaign runs over three years, from April 2009 to March 2012.

New gifts, pledged and unpledged, continue to be made each month. We still hope to top $4 million before the campaign is completed.

Ten percent of the outstanding pledges (currently $197,000 as of 10-31-09) will be set aside in the project budget as a contingency against pledge receivables. This contingency helps assure that we only spend what we can conservatively plan to collect at the end of the three year campaign. As pledges are collected over the remainder of the three year campaign, the contingency will be reduced and the monies will be made available for construction spending.