How shall I make a return to the Lord for all the good God has done for me?Psalm 16:12
Stewardship of treasure begins not because God has need of our gifts but because each one of us has a need to return to God a truly grateful portion of our time, our talent and our treasure in thanksgiving for all the blessings that God has given us. The highest motive for giving is our gratitude for God’s many blessings to us.
How can I be a good steward of my treasure?
Acknowledge that all of my material possessions are gifts from God.
Understand that my offering is my “thank you” to such a generous God.
Give in proportion to the gifts I have received.
Strive to proportionally build toward the Scriptural tithe of 10 percent:
-5% to the weekly Sunday parish offertory, and -5% percent to other charities of my choice.
Thank you for your generous support of the mission and ministry of our parish community!
If you would like to begin electronic recurring giving (EFT) to support our parish community, please complete the form below and return it to the parish office. Peace and every blessing be yours.
The previous monthly update (for September 2019) reported that our income for the month was $1,713 higher than our expenses. In October, the reverse was true; expenses were $2,016 higher than income. Why the difference? September income was significantly higher than October income. September income was $10,876, but October income was $8,321, $2,555 less than September income. If October income had been as high as September income, we would have covered all our monthly expenses. However, as has been noted before, Holy Spirit’s income varies greatly from month to month, due to fluctuations in donations.
A breakdown of our October finances is given below.
October Income Stewardship Contributions $ 7,248 Other Donations $ 0 Scarey-oke $ 1,072 Other Income $ 1 TotalIncome $ 8,321
October Expenses Employee Compensation $ 4,433 Mortgage $ 1,414 Utilities $ 595 Buildings & Grounds $ 2,233 Office $ 372 Other Overhead Expenses $ 149 Ministries Within $ 895 Outreach $ 147 Total Expenses $10,337 Excess Income/Expenses -$ 2,016
Total expenses for October were $819 more than projected, due to $891 spent on safety enhancements required by the Fire Marshall (exit lights) and $126 for signage for St. Sofia. Without these expenses (totaling $944), our expenses would have been lower than budget projections.
We are making progress in stabilizing monthly Stewardship contributions through increased EFT giving; and in the future, we will be generating better interest income because we have placed most of our Reserve Fund in CD and Money Market accounts at BankUnited. However, we need to continue to work to increase monthly giving and other sources of income.
If you are currently not giving through EFT, please consider doing so. It’s easy to sign up to give from your bank account or by credit card. It’s also easy to increase, decrease, or cancel the amount that you are giving electronically.
Electronic Giving Authorization Forms can be found on our parish hall bulletin board. The parish Facebook Discussion page and on our parish website.
If you have any questions or comments about this or any other financial matters, please contact our parish Treasurer, Michael H., or another member of our Parish Council.