Finance Committee
Generally there are four venues 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.
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. Operating expenses are projected to exceed revenues by $32,936 in 2017; however this includes $11,200 to settle a new Minister and enhance youth initiatives.
The lean year reserve was topped up at $15,000 last year and the “replacement reserve” balance was $5,024. Identified current enhancements include: chapel furniture, convenient handicap parking, surveillance system, water conserving toilets and office equipment. Cost effective heating is a future concern.
MEMORIAL FUND (worship of God and beautification of sanctuary)
This fund, which was $902 at the beginning of 2017 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 Memorium” 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.
MISSIONS AND SERVICE FUND
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 in 2017 is to provide $8000 to United Church Canada through your M&S offerings and donations.
MORTGAGE FUND
Emmanuel is committed to $7,200 per year in payments towards the cost of building this church. The outstanding loan was $35,495 at the beginning of the year of 2017 and it is projected we will be mortgage free by May 2022.
Offerings through PAR or envelopes can be directed to the fund of your choice. Special Offerings envelopes are available and easy to use to note 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 provide name and address, if not cheque. Receipts for tax purposes are issued for amounts over $20.
Special Offering Envelopes are frequently used to sponsor and show support for Emmanuel’s “food” events, UCW or the West Ferris Community Brunch. They serve a similar purpose to support UCC (Disaster Relief) or Manitou Conference (youth) initiatives.
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. Operating expenses are projected to exceed revenues by $32,936 in 2017; however this includes $11,200 to settle a new Minister and enhance youth initiatives.
The lean year reserve was topped up at $15,000 last year and the “replacement reserve” balance was $5,024. Identified current enhancements include: chapel furniture, convenient handicap parking, surveillance system, water conserving toilets and office equipment. Cost effective heating is a future concern.
MEMORIAL FUND (worship of God and beautification of sanctuary)
This fund, which was $902 at the beginning of 2017 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 Memorium” 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.
MISSIONS AND SERVICE FUND
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 in 2017 is to provide $8000 to United Church Canada through your M&S offerings and donations.
MORTGAGE FUND
Emmanuel is committed to $7,200 per year in payments towards the cost of building this church. The outstanding loan was $35,495 at the beginning of the year of 2017 and it is projected we will be mortgage free by May 2022.
Offerings through PAR or envelopes can be directed to the fund of your choice. Special Offerings envelopes are available and easy to use to note 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 provide name and address, if not cheque. Receipts for tax purposes are issued for amounts over $20.
Special Offering Envelopes are frequently used to sponsor and show support for Emmanuel’s “food” events, UCW or the West Ferris Community Brunch. They serve a similar purpose to support UCC (Disaster Relief) or Manitou Conference (youth) initiatives.
