On Sunday morning, I had the opportunity to address some of the questions you have been asking regarding our Skyview Home Building Campaign.
We won't be able to attend the banquet; can we still make a pledge to the Campaign? Yes; pledge cards will be available from Bob Straiton, our church treasurer, on the Sunday mornings in May.
Who will be receiving the pledges? Two people: Our church Finance Chair, Jay Pullen and our church treasurer, Bob Straiton, who will keep your pledge strictly confidential. I will not know who has pledged what amounts; nor will our pastor.
May I make my pledge payments online, or set up an automatic payment by credit card? Yes! And Yes! Starting May 5, a new "give" tab will be added to the menu above. You will be able to set up your pledge commitment as a regular (monthly or weekly) payment on your credit card....or you can conveniently make a one-time payment whenever you so desire.
When do you want these pledges to begin… and end? Campaign runs from May, 2014 to May, 2017. Bob will issue a yearly update, to help you keep track of your progress in meeting your pledge commitment.
I can only afford to give regularly to the church OR support the Campaign. Should I divert money from my regular giving in order to participate in this project? If you have to choose, I would say no. We have regular operating expenses that need our attention. However, you are encouraged to pray about it and seek God's leading for ways to make even a small incremental gift towards the Skyview Home campaign.
Should you have any other questions, please email me directly at [email protected]. See you at the Banquet!
Posted By Jay Pullen, CA (Finance Committee Chair)
Many people know that donations have tax benefits associated with them, but they also have questions regarding what exactly these benefits are when it comes to real dollars saved when a donation is made to a registered charity. Below is a brief explanation to hopefully shine light on the situation.
The federal and provincial governments provide a two-tiered credit system when it comes to donations. In Alberta, donations up to $200 qualify for for a tax credit of 25%. This means if you donated exactly $200 in one year you would get $50 back through either reduced taxes or a refund.
Once you have reached the $200 threshold, in any given year, any additional donated dollar over that $200 gets you a credit at 50%. This system and threshold work on the calendar basis (Jan 1 to Dec 31), and reset every year. So let’s show this in an example:
If your family has decided to give $10,000 every year for three years to the capital campaign, the following table shows the tax effected amounts
If these amounts are multiplied by the three years, the Church will get $30,000 to use towards the building; however, your family will actually be giving $15,150 ($5,050 x 3) in real dollars once tax implications are factored in.
Today, I had the opportunity to share a message with the congregation regarding our campaign and issue a challenge for everyone - young and old – to consider their level of commitment to our building project.
I shared several scriptures which highlight the fact that God works through His people to accomplish His will in the world. I have suggested that a theme for the Capital Campaign over the next three years might be TOGETHER WE BUILD. I stated four weeks ago as we launched this campaign that a building does not define us a congregation, but identifying and accomplishing the Will of God does. Using a building space for God’s purposes does, indeed, define one of our purposes as a congregation.
As I presented the opportunity to our congregation to join us in this mission, I displayed the following chart. Our goal will be to provide opporutnity not for equal gifts, but equal sacrifice. We are encouraging everyone to consider a weekly commitment. By breaking it down into smaller, perhaps more manageable amounts, I believe everyone will be encouraged and surprised by the significant contributions they can commit to this campaign.
I look forward to hearing from you as you begin to consider your level of involvement. On Sunday, May 4, we will join together for a Skyview Home Commitment Banquet at Calgary First Church of the Nazarene and I promise it will be a lovely evening. If you haven’t already done so, please RSVP.
If you have any questions regarding the campaign, feel free to contact me directly at [email protected]