Honoring our Vision : Forward in Faith

Pine Ridge Presbyterian Church

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QUESTION

WHAT IS A CAPITAL CAMPAIGN?

It is a special church project that seeks pledged donations from members – over and above regular giving – to pay for a major construction project, in our case a new sanctuary.

WHY ANOTHER CAPITAL CAMPAIGN?

In 2003 the Building Finance Committee projected multiple capital campaigns would be necessary to reduce the debt until the annual budget is of a size to absorb the monthly mortgage payment for the church building. The critical issue is paying down the principal on the loan so payments will not detract from the ministry of our church.

HOW MUCH DID THE BUILDING COST?

$4.5 million

HOW MUCH IS LEFT IN THE MORTGAGE?

$3.5 million

WHAT IS THE MONTHLY MORTGAGE PAYMENT?

$22,109.09. Total borrowed was $3.6 million, and full payments began at the end of construction on December 1, 2007.

DOES THE ENTIRE PAYMENT COME FROM CAPITAL CAMPAIGN RECEIPTS?

For the most part. However, the Session has also included a line item in the budget to augment the building fund. For 2009 it is $50,000.

WILL I BE PRESSURED TO MAKE A PLEDGE?

No. Your participation is entirely up to you. Just as we all share the benefits of the new building, all members and visitors are welcome to contribute as they wish.

IF I CAN’T GIVE A LARGE AMOUNT, WILL MY PLEDGE REALLY MATTER?

Absolutely! All pledges matter because as we all participate according to our ability, God multiplies our giving.

WHEN ARE WE EXPECTED TO GIVE AND FOR HOW LONG?

The new campaign will begin as of January 1, 2010, and it will be a three-year commitment.

I JOINED AFTER THE BUILDING WAS COMPLETED, SO SHOULD I CONTRIBUTE?

As we all share in a beautiful new worship space, Holy Grounds Café, music room, cry room, parlor, etc., we all are asked to consider a contribution to enable the ongoing financial health of the church and a continued focus on ministry.

DOES THIS COMMITMENT REPLACE REGULAR MONTHLY GIVING?

No, on Commitment Sunday, November 22, there will be two commitments accepted: one for regularly monthly giving toward the church operating budget for 2010, and a second commitment toward the three-year building capital campaign. Commitment cards for both may be found in the church office, or you can click on "Get Involved" above to complete the online form.

DO I HAVE TO BE A CHURCH MEMBER TO PARTICIPATE?

No, participating is a personal decision and anyone may contribute to God’s work in our church.

WHAT FORMS OF CONTRIBUTIONS ARE ACCEPTED?

Contributions may be made by cash or check. Other forms of contribution may include stock transfers, bonds, real estate, etc.

WHEN IS MY COMMITMENT DUE?

On Commitment Sunday, November 22, the entire church will come together to celebrate the gifts of time, talent and treasure that God has moved us to give. However, commitments will be accepted anytime before or after that day.