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To support St. James' mission we need to substantially increase our annual stewardship and raise $12.5 million
to build our investment portfolio to provide acceptable earnings potential and pay for our Bicentennial Organ.
What's happening to stewardship (annual giving) now?
- Annual stewardship has grown dramatically over the last decade but has slowed since the recession of 2008.
- The goal is for stewardship to cover our parish's budgeted expenses, which include not only all the varied and vibrant programs at St. James', but also day-to-day operating expenses.
- 2011 budgeted annual stewardship provides only slightly more than 50% of budgeted expenses.
- Everyone's increased participation in annual giving will cover these expenses. We can do that together!
Why do we need to grow the St. James' endowment?
- The church's portfolio (aka endowment) is designed not only to help fund budgeted expenses by incorporating a 5% draw into the annual budget, but also to secure a future full of the kinds of vibrant ministries we have today.
- Combining increased annual stewardship with increased endowment, the planned 5% draw can provide the necessary resources to fund our day to day ministries and to build for the future.
Growing annual stewardship and the endowment together...think of the possibilities!
- The knowledge of knowing St. James' will continue its very special ministries into the future.
- The opportunity to grow St. James' ministries in new and different ways, continuing to serve Christ in the world the best way we can.
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