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Capital Campaign - Questions and Answers Capital Campaign - Questions and Answers

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Capital Campaign - Questions and Answers

Posted on Mon, Oct 15, 2012

Q. What is a Capital Campaign?

A. Capital Campaign is a church project that seeks pledged donations from members of the congregation to be used in paying for a major construction project; in our case the renovation of our current facility.

Q. Why are we renovating?

A. The architectural report confirmed that God has blessed us with plenty of space for our present and future needs. However renovation does need to occur to provide people with an accessible and efficient building that welcomes and encourages people to enter here.

Q. Are we going to finance $1.2 million dollars? No. We are going to attempt to raise it through prayer and sacrificial giving.

 

Q. Are we planning to go into debt to complete this project? No. We will go as far as God blesses us. The project is divided into 5 phases so that the work will be done only as the money is available. Whether the Lord blesses us with $100,000 or $1.2 million, we will do the amount of work that we can pay for. Many churches are burdened with insupportable debt—we are not going to fall into that trap.

 

Q. Has the voter’s assembly authorized our leaders to begin a capital campaign? Yes—during the spring voter’s meeting. The motion read, “First Lutheran shall begin a Capital Campaign and work on securing financing for Phases 1 through 5 of the remodeling proposal by Hawk Construction.” (Note: the term “financing” is not referring specifically to securing a loan, but more generally to payment arrangements with the contractor.)

Q. Why are we paying a fundraising consultant instead of doing this ourselves? RSI Stewardship Services is an experienced Church fundraising company. They have the resources and experience to help us run our campaign and maximize our success. The $32,000 fee was taken from the revolving trust fund, and will be repaid at the end of the campaign.

 

Q. We aren’t a wealthy church, why should we try fundraising? We won’t know what God can do until we ask. Faith calls for us to ask, seek and knock: especially when we can’t see what lies ahead. If we commit this to God and ask for his blessing we will not be disappointed. We will grow in our trust and will be blessed with a sum of money that will help us further our mission.

 

Q. Does the Voter’s Assembly have any further say in this? Yes. Before work on our facility is started, our voters must approve this final step.

 

Q. If I can’t give a large amount, does my pledge really matter? Absolutely! All pledges matter, regardless of the amount, because as we all participate according to our ability, God multiples our giving.

Q. How will we pay for it?  The development and planning stage that is already underway are being met by our Revolving Trust Fund. The balance will be paid off with donations to the Capital Campaign.

Q. Will I be pressured to make a pledge?  No. Participation in the campaign and how much you give will be entirely up to you. All members and guests will be given the opportunity to contribute if they wish to do so.

Q. How long will the commitment be? You are asked to make a 3 year commitment. For example: if you pledge $9000 over a 3-year period, you would donate $3000.00 each year.

Q. When are we expected to give the amount pledged?  Pledge cards will be turned in on Commitment Sunday, and pledges will begin to be received shortly thereafter.

Q. May I update my commitment after Celebration Sunday? You may update your commitment at any time.

Q. What forms of contributions will be accepted?  Contributions can be made b cash or check. Other forms of contribution can include the transference of title to marketable stocks, bonds, real estate, etc. If you have a question please contact the church office at 218-326-5453.

Q. When will we occupy the new facility?  A rough estimate is that we could occupy the new facility by the end of 2013.

 

Q. How may I prepare to participate?

Allow God to speak to your heart through prayer. Read Scripture passages that speak about stewardship and giving, such as: I Corinthians 16:2, Proverbs 3:5-9, II Corinthians 8:7, Acts 20:35, Luke 6:38, and Psalms 116:12.

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