
	Founded:1954 Church of St Pius X 3878 Highland Ave White Bear Lake, MN 55110 Phone: (651) 429-5337 Fax: (651) 429-5339 A Parish of The Roman Catholic Archdiocese of St Paul-Minneapolis

Administrators

You are visitor:
42383

Capital Campaign

Securing our Future

December 2006

Dear Member of our St. Pius X Faith Community,

One of the greatest gifts in our parish is the spirit of generosity demonstrated in countless ways by parishioners offering their time, talents and financial resources for the good of others. The idea of serving beyond oneself is manifested through support for our worship, education, fellowship and outreach ministries as well as our neighborhood, archdiocesan, national and international projects.

When we commit to ourselves and to each other a future here in White Bear Lake, we know a universal truth - that the joys of commitment do not come without hard work and sacrifice. We all know firsthand that when we make a commitment to a person, to a family, or to a community of faith, the depth of our connection is commensurate with the depth of our giving. Giving requires stretching ourselves, examining ourselves and providing for the needs of others.

Every day we thank God for the love and support that pours out from so many generous and dedicated St. Pius X parishioners. We are confident that with the many hands of our parish working together the spirit that has sustained us for 52 years will continue to allow our Catholic community to be a beacon of faith and light for decades to come.

We are energized about the next several years and all that they will bring in blessings to our Catholic community. We are committed to serving your needs in a responsible manner, using your gifts in a well-managed and accountable fashion.

As we continue to chart our future together, some of the challenges facing our parish can be found on the following pages of information*. We invite you to consider these issues and then share your reactions with our parish leaders. Please join us in praying for wisdom and guidance as we work hard to make the right decisions for our current generations and those who will follow.

*footnote: above referenced pages not included here.

_________________________________________________________________________

SECURING OUR FUTURE CAPITAL CAMPAIGN OBJECTIVES

Retire the principal on two of the three mortgage notes on our facilities.

Complete the immediate repairs on our facilities.

Pay our past due obligations to the archdiocese.

Restore our parish reserves to a prudent level.

Raise the funds to complete additional shortterm repairs and improvements.

CHALLENGE Campaign Goal $1,983,000

Securing our Future Update - November, 2007

$1,624,700 Pledged to

Securing Our Future

Capital Campaign

I am pleased to inform you that we currently have pledges of $1 ,624,700 from 583 parish families for our Securing Our Future Capital Campaign. The goal of our Campaign is $1,983,000 which is ambitious but achievable. We are less than $358,300 from reaching our goal!

Please return your pledge card if you have not done so already. We really need your help to reach our goal which will help us reduce our burdensome debt and complete some very necessary repairs on our facilities.

As of September 15, 2007, we have received $574,714 in contributions to the Campaign which has helped us to:

1)   Pay for essential new carpeting in the church. The new carpet was installed in September and it looks fabulous. We needed to replace the carpet because in certain areas it was frayed, torn or rumpled, and our insurance company had instructed us to fix/replace the carpet due to concerns about people tripping and falling.

2)   Pay for essential roof replacement on the 200 wing of our school last November.

3) Keep current 100% of our annual Archdiocesan assessment of $1 07,493, paying on a quarterly basis.

4)   Make regular payments towards $176,264 of our overdue assessment from previous years.

5) Pay down an additional $50,000 on our current parish debt, which will save us almost $4,000 per year in interest payments.

6)   Pay our monthly mortgage of $22,907 to the bank.

As you can see, your donations to the Capital Campaign are necessary to meet our current obligations of the monthly mortgage and assessment payments to the Archdiocese. We also use your Capital Campaign donations to do necessary repairs on our facility.

We are less than $358,300 from reaching our Campaign goal. I really believe we will need this $358,300 over the next three years. Therefore, please give to the Campaign if you are able and return your pledge card soon. Some of you are giving to the Campaign even though you are unable to make a pledge, and I really appreciate that. Others of you are praying for the Campaign and our parish even though you cannot make a formal Campaign pledge at this time. Others of you have all you can do to support our General Operating Fund in the weekly Sunday collection, and I appreciate your support there.

Having said all that, the effort of this Capital Campaign is too important to simply let go. The future financial stability of our parish is at stake, and I feel the responsibility to do all I can to invite your support for the Capital Campaign. If there is anything you would like me to know about your situation, feel free to write me a note and insert it with your pledge card or with a letter to me.
           God Bless You,

     Fr. John Mitchell

~Home Page~

The information contained herein is not to be used for commercial purposes. Site © ParishSOFT LLC, 825 Victors Way, Suite 200, An. Churches retain copyright for their own information.
For technical support send E-Mail to ParishesOnline.com