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Capital Giving
Ted Vaden, Next-Step Committee Chair
Not long ago, the vestry reorganized itself to put a new focus
on stewardship.
Rather than confine the meaning of that ministry to the
parish's annual giving campaign, the vestry wanted a broader
view of stewardship that would encompass both the short-term needs
of the parish as well as our long-term vision for the missions of
the Chapel of the Cross.
Out of that effort, then, was born a new Stewardship Formation
Committee that might be described as a three-legged stool. One leg
is annual giving; one is special, including planned, giving; and
the third is capital giving. Parish committees have been created to
pursue the annual and special giving agendas, which are reported on
separately in this issue of Cross Roads. A capital giving
committee has yet to be formed.
Why would a parish need a capital giving function, except when
conducting a fund-raising campaign to construct a new building or
do other "capital" projects?
There is a good argument to be made that capital giving should
be an ongoing part of the life of the parish. I see the capital
planning function not as a fundraising mechanism, but as a tool to
serve the long-range vision of the parish. Capital planning is
future planning.
The Chapel of the Cross and the vestry in recent years have
devoted significant effort to devising such a vision through the
long-range planning process, completed in 2004, and the current
Next-Step Committee which seeks to implement the long-range plan.
That plan is a blueprint for our future in the areas of worship,
programming, and facilities.
Currently, much effort is devoted to facilities. As we've
reported to you before, the parish has engaged the planning firm of
Hartman-Cox architects to draw up a master plan for the
parish's non-worship space - fellowship hall, offices, and
classroom space. All members of the parish will be invited to
participate in that planning process soon.
But capital planning includes more than bricks and mortar. The
church is blessed with a modest endowment, the gifts of generous
individuals in recent years. We would like to build that endowment
for the future to enable us to pursue and broaden the church's
work in areas such as social ministry, campus ministry, music, and
other programs. One suggestion has been that even clerical
positions could be endowed, to relieve pressure on the annual
budget.
And yes, capital resources will be needed to support whatever
physical plan comes out of the master planning process. That is
expected to be completed by the end of this year. There is no
capital committee today, but part of the Capital Giving
Committee's responsibility will be to create a capital planning
process that will enable us to move forward with the master plan
when it is complete.
We have a historic physical plant that needs updating for our
future. We have a vision for that future in our long-range plan.
Capital planning is a way for a strong and vibrant church community
to ensure that it remains healthy for the future, to look beyond
today, and to enrich our missions for
tomorrow.
Send
items for inclusion in future "Cross Roads."
The deadline is the first Thursday of the preceeding month.
© 2005 The Chapel of the Cross |