Capital Campaign Pledge

Yes. Some people make a single payment. Others prefer to spread a pledge over time, from 1 to 5 years. You may make monthly, quarterly or annual payments.

Yes. Faith Direct can be used to set up Automatic Withdrawal from checking or savings, or make gift(s) on a credit card.

Yes. Your financial advisor can tell you whether this would be a tax-advantaged way to give. That done, make the transfer arrangements through Mike Hill in the parish office (469) 807-3733 or mike@spccdallas.org.

No. Saint Patrick is not in a position to accept crypto currency.

Foundations have specific criteria for projects they will and will not fund. We will cross reference our projects with potential foundation grant makers and make application where eligible.

Yes. A small number of families at Saint Patrick Elementary are either non-Catholic, or Catholics registered in other parishes. In any event, understanding that this campaign will benefit their children, we trust all will be interested in supporting the campaign.

In an effort to promote fiscal prudence, the Diocese of Dallas mandates that major projects have 50% cash- in-hand and the balance pledged before they will green light construction. This is on a project-by-project basis.

For example, reroofing the sanctuary is estimated at $525,000. That means we would need to$262,500 in cash and an equal amount in pledges before they would greenlight expenses for that line item.

The sequencing of projects will be determined by the Pastor and Finance Council, with guidance from those skilled in the trades. A number of factors impact the sequencing of projects. For example, urgency of repairs to protect infrastructure, construction timelines sequenced with school schedules, cash flow projections, etc.

First, we believe the goal is attainable. From an initial list of proposed projects totaling over $6.5M, we have reduced the budget to $2,767,000 to align with indications from the parish survey.

That said, in the event the goal is not reached, the Pastor and Finance Council have the responsibility of determining the sequence of projects for funding. They would likely look first at protecting existing infrastructure and projects related to safety. For example, those projects would include re-roofing the sanctuary, bell tower repairs to stop water infiltration, and exterior sealing of school brick. It would also include projects related to Safe Environment issues in the school.

That will be estimated by contractors on a project-by-project basis. Because of the diversity of projects, we could conceivably have multiple concurrent projects underway. For example, reroofing the sanctuary while a school project is underway.

No. It is an electronic bell system. The issue with the bell tower is water infiltration into the narthex.

We do not anticipate any disruptions to the School or Church during construction. The gym should be fine to use during construction and Adoration will remain 24/7.

The property at 9517 Lynngrove has been used for years as two bedrooms with office. It has approximately 1,900 square feet. The recently acquired property at 9521 Lynngrove Avenue has 2,746 square feet, but in its current configuration only has three bedrooms. There is a downstairs office that will be converted into bedroom(s). Having both properties allows for the possibility of more clergy at St. Patrick, as well as seminarians and transitional deacons on summer assignment.

That is to be determined, based upon a more detailed review of historical meeting requests and the group size of each. If we choose to create three meeting/conference rooms, the capacity of each would be approximately 25-50. If we create four, the capacity of each would be less. Again, our aim is the ‘right-size’ to fit current and anticipated demand.

No. While naming opportunities are a common opportunity for many non-profit entities, they may not be right for a parish fund drive. From a spiritual perspective, we hope gifts will be made solely from a motivation for the common good.

For each project, the Diocese requires three competitive bids.

Not yet. In late March, as the campaign comes to a conclusion, we’ll review projected cash flow from the campaign. That would set the stage for working with a construction manager who could advise on sequencing projects in light of projected income and other factors as discussed above.

That is yet to be determined. In most parish campaigns, 40% of the total goal is given the first year, with a significant amount in year two and a tapering off through the five-year pledge period. Once gifts and pledges are received, we can run a cash flow report to estimate monthly income and pair that against the urgency of expenditures. That done, we can determine whether short-term bridge financing is needed for a particular project.

In short, the decision to use bridge financing requires thought and good projections. On the one hand, we want to avoid financing costs as much as possible. On the other hand, inflation is a constant concern prompting one to move quickly with projects.

We have budgeted about 2.6% of the goal for fundraising expenses. That includes printing, postage, video, and consulting fees for both the survey and campaign. Mr. Jeffrey, our campaign director, does not work on commission, but rather on a flat monthly fee like staff.