Capital Campaign FAQs

1. What is a Capital Campaign?  This is a type of stewardship campaign aimed specifically at paying our mortgage.  Some other churches may have called this either a building fund or a debt reduction drive.
2. Why are we doing this now?  Our mortgage holder, “Mission Investment Fund”, (MIF) is requiring All Saints to maintain a separate bank account with identifiable deposits as a condition of our mortgage.
3. I thought MIF had granted us reduced terms on our mortgage?  They have and we have until approximately December to prove to them that we can improve our financial position and remain a viable borrower.  By funding a capital campaign that covers our mortgage, we may be able to negotiate longer term more favorable conditions.
4. In the past I remember All Saints using an outside resource to conduct a Stewardship Campaign.  Will we be doing that this time?  No.  We explored programs suggested by outside organizations.  Once we understood that these came with significant price tags our two teams, the Financial Oversight Committee (FOC) and Managing a Christian Lifestyle (MCL), decided to organize a “home grown” campaign
5. Didn’t we have a Building Fund years ago?  Yes we did.  A few years ago the funds were blended.
6. What if I’m still putting part of my offering to the building fund on my current envelope?  Please continue to do so and prayerfully consider if it is possible to increase your designated amount without decreasing your other support.
7. What if I stopped showing that line item?  Please begin to show that designated amount again and prayerfully consider if it is possible to increase your designated amount without decreasing your other support.
8. I wasn’t at All Saints when the building fund was implemented?  We need you to prayerfully consider if there is the possibility of identifying a designated amount without decreasing your other support.
9. What are the next steps?  In the coming weeks you will be hearing temple talks from members of our congregation, receiving e-mails and direct mail.  Finally on Sunday, June 20, you will be asked to commit to an amount that can be counted on, week in and week out, and designated specifically to the “building fund” on your offering envelope.
10. If this is specifically for the building what about the rest of my giving?  There is a stewardship program scheduled for the fall to address our other giving that supports operations, programs and salaries.  Right now we need everyone to continue to be faithful and timely in their giving and prayerfully consider increasing their level.

If you have other questions please discuss them with any member of the MCL or FOC teams.