Staff Contact: Pat O’Connor, Director of Operations
Consistent and planned sacrificial giving provides resources needed for our parish to fulfill its stated mission. Your sustaining gifts provide for worship services, pastoral, educational and administrative staff, as well as community outreach initiatives, providing for the poor and needy of our parish and our ongoing support of archdiocesan activities.
Because of the generosity of our parishioners and friends, we built our church, which was dedicated in November 2016. Two Capital Campaigns raised sufficient funds to cover approximately 2/3 of the construction cost, but your monthly gifts are needed to pay the mortgage for the rest of the building’s cost.
Saint Katharine Drexel provides three options for regular giving which can be elected from on the form linked to above:
- – Electronic transfer: The preferred and most convenient way to make your offering to the parish. Elect to have your monthly gift automatically deducted from your designated checking account or charged to your credit card.
- – Monthly Envelopes: If you opt for monthly envelopes, you can plan your gift as part of your monthly budget, and write one check per month.
- – Weekly Envelopes: You will receive envelopes for each week.
Regular, predictable giving provides a critical foundation for the Pastor, Pastoral Council, and the staff to build upon in carrying out the mission of the Saint Katharine Drexel Catholic Community.
Finance Committee Quarterly Report
The Finance Committee is pleased to report for the third year in a row, we are able to recognize a net operating profit of $5,425 for the fiscal year ending June 2019. While this is less than in prior years, this represents the strength of our parish community’s ongoing support and generosity. This past fiscal year saw Offertory grow by 3% in comparison to the prior year. The offertory collections allow the parish to cover day-to-day expenses along with the expenses associated with our welcoming worship space.
In addition, we are pleased to report, for the past fifteen months, parishioner donations toward the building fund/our mortgage has allowed us to cover our monthly mortgage payment. This is critical in our ability to meet our monthly mortgage payment.
Our Annual Report will be issued later this year and will provide more detailed information on the financial results for this past fiscal year.
Respectfully submitted by the Finance Committee