Finance Committee:
Generally there are four avenues to support our church and our parent church. The “General” and “Memorial” funds sustain and enhance Emmanuel. “Mission & Service (M&S)” sustains United Church Canada and the “Mortgage” fund pays down our debt from when this church was built in 1986 and was renamed the "Legacy Fund" in 2019.
General Fund: (local church expenses)
Emmanuel’s ministerial (staff), building (heat, hydro, water, etc.) and programs are sustained by the general fund. Reserves exist for lean years and upgrades upon replacement.
Memorial Fund: (worship of God and beautification of sanctuary)
This fund is administered by our Worship Committee. The priorities are choir gown stoles and a UCC banner featuring the new identity. The sound system will soon need refurbishing.
“In Memoriam” donations in memory of family or friends should identify the person honoured and the fund supported. Traditionally donations go to the Memorial Fund; however other options might reflect the priority interest within the church held by the donor or person being honoured.
Mission and Service Fund: (support the United Church of Canada)
Monthly, “M&S” offerings and donations are forwarded to United Church Canada. They sustain the Church’s operation and support its national and international programs. The objective is to provide ongoing support to United Church Canada through your M&S offerings and donations.
Mortgage Fund: (became the Legacy Fund in September 2019)
Emmanuel United Church received a large bequest ($80,000) in 2019. On June 20, 2019 the estate paid the final payment ($18,535.19) to United Church Canada to discharge Emmanuel’s 1986 “Ventures in Mission” loan (mortgage). Council approved Finance Committee’s recommendation to create a “Legacy Fund” at its September meeting. The Legacy Fund replaces the “mortgage fund” and donations to both were received and reported through 2019. The Legacy Fund serves a similar purpose to the Trustee’s loan (1996) of $15,000 which continues.
Legacy Fund: (new in 2019)
The Legacy Fund replaces the “mortgage fund” and provides:
Special Offerings envelopes are available and easy to use provided they indicate the donor, purpose and/or fund supported. Remembering PAR is a three digit number starting with “1”, simply circle (PAR on envelope) and provide name and/or number. Guests merely place donation in envelope, note fund or interest supported and include their name and address (a personalized cheque will provide required information). Receipts for tax purposes are issued for amounts over $20.
Special Offering Envelopes:
These envelopes frequently used to sponsor and show support for Emmanuel’s “food” events, Willing Workers or the West Ferris Community Brunch. They serve a similar purpose to support UCC (Disaster Relief) or Manitou Conference (youth) initiatives.
EUC Finance Committee 2022-2023:
Chair: Elaine Simmens
Treasurer: Brenda Cote
Envelopes: Bev Carmichael, Sherri Pinder; Jessi Rochon
General Fund: (local church expenses)
Emmanuel’s ministerial (staff), building (heat, hydro, water, etc.) and programs are sustained by the general fund. Reserves exist for lean years and upgrades upon replacement.
Memorial Fund: (worship of God and beautification of sanctuary)
This fund is administered by our Worship Committee. The priorities are choir gown stoles and a UCC banner featuring the new identity. The sound system will soon need refurbishing.
“In Memoriam” donations in memory of family or friends should identify the person honoured and the fund supported. Traditionally donations go to the Memorial Fund; however other options might reflect the priority interest within the church held by the donor or person being honoured.
Mission and Service Fund: (support the United Church of Canada)
Monthly, “M&S” offerings and donations are forwarded to United Church Canada. They sustain the Church’s operation and support its national and international programs. The objective is to provide ongoing support to United Church Canada through your M&S offerings and donations.
Mortgage Fund: (became the Legacy Fund in September 2019)
Emmanuel United Church received a large bequest ($80,000) in 2019. On June 20, 2019 the estate paid the final payment ($18,535.19) to United Church Canada to discharge Emmanuel’s 1986 “Ventures in Mission” loan (mortgage). Council approved Finance Committee’s recommendation to create a “Legacy Fund” at its September meeting. The Legacy Fund replaces the “mortgage fund” and donations to both were received and reported through 2019. The Legacy Fund serves a similar purpose to the Trustee’s loan (1996) of $15,000 which continues.
Legacy Fund: (new in 2019)
The Legacy Fund replaces the “mortgage fund” and provides:
- The current bank balance to pay expenses (local church and UCC) to be at least $13,000 at the beginning of each year, and
- Interest earned, and, if necessary, invested funds be applied to achieve a balanced budget annually, or to assist in growing other means to sustain the church.
- There were other donations to the Legacy Fund once it was established, and Council did authorize use of the bequest to carry out enhancements in 2019.
- Effectively the “Legacy Fund” is Emmanuel’s sole accessible reserve to offset local church expenses as we move into 2020.
Special Offerings envelopes are available and easy to use provided they indicate the donor, purpose and/or fund supported. Remembering PAR is a three digit number starting with “1”, simply circle (PAR on envelope) and provide name and/or number. Guests merely place donation in envelope, note fund or interest supported and include their name and address (a personalized cheque will provide required information). Receipts for tax purposes are issued for amounts over $20.
Special Offering Envelopes:
These envelopes frequently used to sponsor and show support for Emmanuel’s “food” events, Willing Workers or the West Ferris Community Brunch. They serve a similar purpose to support UCC (Disaster Relief) or Manitou Conference (youth) initiatives.
EUC Finance Committee 2022-2023:
Chair: Elaine Simmens
Treasurer: Brenda Cote
Envelopes: Bev Carmichael, Sherri Pinder; Jessi Rochon
