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Giving to Serve Capital Campaign 2023-24

Giving to Serve Tree
Video Summary of Campaign
Temple Talks About Why We Give

We did it!  None of this would have been possible without your generosity in supporting this campaign and the ongoing mission and ministry of St. John.

Together, we can do amazing things!  Thank you for your generosity!

You can find details of the campaign and refinance here. 

We did it!    Total Given- $188,200.73    Total Principal Paid Down- $230,240.69  Thank you!!

Our Story So Far...

Ten years ago, St. John undertook a building project and capital campaign. 

We were out of space for funerals and weddings.  Our classroom, offices, and fellowship space were not sufficient anymore.

So, we built a new worship space, offices, and classrooms.  A facility that has more than met our needs and been a boon to the community.

That building came with a significant cost.  We took out two mortgages in June of 2014 totaling $1.4 million.  Through the initial capital campaign, a subsequent campaign in 2017, the sale of the parsonage, and the diligence in stewardship of the congregation we had a payoff of a mortgage totaling $899,590.23 as of August 2023.

Even during COVID, our congregation has continued to minister to the community.  Our VBS for children of the community is successful as is the Ely Community Food Drive that we facilitate.  We contribute to the community through the Fall Festival Food Tent, serving as a polling site for elections, and as a gathering place for large community information events.

We have also been able to incorporate the monthly mortgage payments into our regular giving for the last 3 years.

Reason for the Giving to Serve 2023-24 Capital Campaign-

There are two issues that need to be resolved.

  • Our current mortgage rate will increase in March of 2024. With no change our cost per month would go to at least $8,164 an increase of $1,434 per month.  Our current giving has matched expenses, but only by cutting both program spending and our generosity to others.
  • Our current budget does not have any funding to fulfill our calling to care for others. We want to restore or even expand that core mission.

Our Giving to Serve campaign presents each of us with an opportunity to renew our commitment to the mission of Christ’s church in Ely and the surrounding area. Our purpose is to pay down the principal of our loan in order to return to generosity in serving our neighbors. Meeting our goal will return us to the mission that calls us together, places us on a firmer financial footing, and opens new ways to serve God and our neighbors.

WHAT IS THE PURPOSE OF THIS CAMPAIGN? Expand

The purpose of this campaign is to pay down the principal of our loan to the point that there will be significant monthly savings on the mortgage payments, even with a higher interest rate and slower growth in giving.

WHAT IS THE FINANCIAL GOAL OF THIS CAMPAIGN? Expand

We will achieve this purpose by raising our goal of $200,000 by January 30, 2024 to pay down the principal of our mortgage.  This would mean having paid off half of our mortgage in ten years.

Estimates are that if we meet our goal of $200,000, with a 7.5% assumed rate, our monthly mortgage payment will be $5,684.  This is a savings of $1,046 a month over our current rate.

WHAT DOES A SUCCESSFUL CAMPAIGN ALLOW US TO DO? Expand

Grow in our generosity towards others.  A savings of $1,046 a month on our mortgage payment will give us $12,552 a year within our budget.  The Council has committed that most of this savings would go towards restoring our support of the shared mission of the Synod as well as supporting local ministries.

Accelerate the timeline to pay off the loan.  With the savings, we could also afford to make additional payments to the principal each year.  With a successful campaign, the Council has also committed to making additional payments to principal each year.

WHY GIVING TO SERVE AS A CAMPAIGN TITLE? Expand

We are calling our campaign Giving to Serve because that is what we are asking you to do. By giving generously from what God has first given you, you are enabling St. John to be able to serve our neighbors through our financial support for years to come.

HOW DOES OUR GOAL HELP SERVE OTHERS? Expand

The St. John Council has committed to restoring our previous support to the Southeastern Iowa Synod and local ministries through the monthly savings accrued through the campaign.

The Southeastern Iowa Synod gives over half their budget to the ELCA. This supports ministries like Lutheran Disaster Response, the redevelopment of churches, training of pastors, and Lutheran campus ministries. Find more information at www.elca.org/Our-Work.

The Synod budget also gives directly to a number of agencies including LSI (Lutheran Services in Iowa), one of the largest non-profits in Iowa. LSI serves children and families throughout the state with mental health and educational support. They also work with refugees, foster care, and adoption in the state. Find more information at https://lsiowa.org/

HOW WILL WE REACH OUR CAPITAL CAMPAIGN GOAL? Expand

We ask you to prayerfully consider a sacrificial gift over and above your ongoing support of our mission and ministry for this campaign.  We ask that you turn in a pledge card if your gift will be coming or completed at a later date.  For example, your gift can be spread from the time of your pledge to January 31, 2024.

The following table is one way we could reach our goal of $200,000.

Gift Amount Number of Gifts
$50,000 1
$24,000 1
$20,000 2
$12,000 2
$8,000 3
$4,000 4
$2,000 4
$1,600 5
$800 5
$200 10

Gifts as you are able-  If what you can give is a smaller amount more frequently ($5 -$10 a week) this is a wonderful way to support the campaign.  In fact, $10 a week from the start of the campaign would be $200 by the end of January.

Creative Giving Options:

If you have non-cash assets such as stock, property, life insurance, or other securities, please contact the church office for further information.

WHY IS MAINTAINING MY REGULAR GIVING IMPORTANT?

  • Regular giving supports the ongoing mission and ministry of St. John.
  • Maximum impact - mortgage payments come from our regular giving. Continuing to meet these obligations allows our gifts to the campaign to go solely to principle.
  • Gifts to the capital campaign need to be over and above your regular giving. Please continue to support our ongoing ministries.
Giving to Serve Tree

THE INVITATION TO GIVE

We invite you to prayerfully consider what God has first given you in terms of your financial resources, how God is calling you to share of those resources, and what St. John and its ministry in Ely and beyond has meant to you.

Please consider a generous gift to this campaign over and above any current giving. Your gift can be spread out from the time of your pledge to January 31, 2024. For example, if you pledge $1,000 you could make four payments of $250, two of $500, or the whole amount at once.

If what you can give is a smaller amount given more frequently ($5-$10 a week) that is a wonderful way to support this campaign.

Please make sure that all gifts given are clearly marked for the Giving To Serve Capital Campaign.  You can give online, through a direct donation from your bank or financial organization, by check or cash.

Please complete a pledge card and turn it in with your gift, or as a pledge to fulfill.  This card gives us information we need to properly process your gift and indicates your comfort level with us publicly thanking you for your support.

PLEASE NOTE-

100% of your Giving to Serve campaign gift will go to pay down the principal of our mortgage. Payments will be made at the end of each month throughout the campaign. We ask that all funds be donated by January 31, 2024.

Other Questions

Are my gifts tax deductible? Expand

Yes, gifts are tax deductible if you itemize your contributions when filing your tax return. If you have questions about the tax implications of your gift, please consult your tax adviser.

May I make a gift other than cash? Expand

Besides cash, you may contribute gifts of stock, property, life insurance, and other securities. Please contact our church office at 319-848-4510 or your financial advisor for further information.

May we encourage friends of St. John Lutheran Church to make a Building Fund gift? Expand

Yes, if you would like to encourage a friend, relative, or former member to make a commitment or a one-time gift, please do so.   We are inviting our community of Ely, as St. John has played a role in their lives, to support us as well.  If you would like us to mail them a brochure and pledge card, please give the name and address to the church office at 319-848-4510 or stjohnely@southslope.net.

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