NO GATHERINGS OR PODCAST THIS WEEKEND!This weekends gatherings are cancelled due to conditions not just in the region, but specifically at Studebaker 112 along with overnight temps and windchills. Stay warm!
This weekend in gatherings, we gave a financial update including the latest giving for The Tribune Project and general fund. That update in its entirety can be found on our podcast, but here are some of the highlights for January through May of this year:
General Fund giving YTD – $241,783 Total giving (includes funds like The Tribune Project, care, and city action) YTD – $959,361 Budgeted expenditures YTD – $354,167
Actual expenditures YTD – $341,527
# of total donors YTD – 251
# of general fund donors YTD – 193
# of new donors YTD – 57
Tribune Project pledged and one-time giving: $1,727,959.62 Tribune Project actual giving TD – $737,489.89
Some notes on general fund giving:
Overall giving – which includes giving to The Tribune Project – is very strong, but our giving to our general fund is down. We have always operated with a financial cushion for such circumstances, but in our budget process for our July 2022-June 2023 fiscal year, we are making some significant cuts with the general fund giving and current budget deficit in mind.
We are sharing this to be transparent with the financial status of the church and not as a form of manipulation or guilt, and we don’t see these numbers as a reason to panic. We review our financial giving status regularly with the staff and board of directors so we can spend wisely and within our means, and this spring quarter is no exception.
We have received preliminary approval for our loan of $2.5 million and it looks like we will be able to stay at the 5% rate that we started with at the beginning of the loan process.
We are wrapping up the due diligence period and we have done environmental inspections that have all come back clean.
If you’d like to contribute to The Tribune Project via a pledge or one-time gift, or if you’d like to contribute to our general fund (which supports our budgeted expenses like operations, personnel, and ministries), please visit southbendcitychurch.com/give.
Register for Cubs’ game on July 10
Please register by Wednesday, July 6, for theSouth Bend Cubs’ baseball game on Sunday, July 10. All registrations include buffet lunch, game ticket, and voucher for a SB Cubs’ baseball hat!
12:30 p.m. – Lunch buffet (Hamburgers, hot dogs, mac & cheese, chips, cookies & non-alcoholic beverages)
2:05 p.m. – Ballgame versus the Wisconsin Timber Rattlers
DON’T FORGET: There will be no gatherings THIS SUNDAY, July 3. We’ve put together a list of listening recommendations from teachings, a liturgy, and a bonus video from last fall’s Studebaker Talks! We hope you find rest during this gathering break!
Sign up for our text list to receive the latest updates from SBCC. We only send texts when necessary, and we don’t share your information. To sign up directly from mobile: Text “SBCC” to (866) 397-2089
A community of grace and peace for our city and the world | P.O. Box 1578 South Bend, IN 46634