St' Vincent de Pauls Original Campaign to Expand

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St. Vincent de PaulsOriginal Campaign to Expand

• Dec 2005 Campaign launched to expand sanctuary,
  add office, meeting and religious education rooms
• Sept 2006 - Change of lending terms
• Old Diocesan lending terms 50 cash 50
  pledges to be paid 3-5 years
• New Diocesan lending terms loan which allows
  parish to build interest and payment terms
  tailored around parishs ability to pay back.

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St. Vincent de PaulsOriginal Campaign to Expand

• Construction cost 2Million
• Campaign goal 1.4Million
• Borrow from Diocese 600,000
• Current results
• Pledges raised 1.2Million
• Currently received 1.1Million
• 772,000 funds from last campaign 328,000 spent
  on renovations of parish hall expenses for new
  Church (architect, permits, etc.)
• Remaining pledges 100,000

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Alive in Christ Campaign

• Campaign to build new Church and support Diocesan
  priorities
• Construction of new Church 8Million
• Campaign goal 1.8Million
• 1.4Million for St. Vincent de Paul
• 400,000 for Diocesan priorities

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Alive in Christ Campaign

• Recap
• 8Million new Church
• 772,000 funds from last campaign
• 1.4Million Alive in Christ Campaign
• 5.828Million to borrow from Diocese
• Proposed loan terms
• 4.75 for 15 years
• Monthly payment 20K-22K

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Thank You! Gracias!