Published 12-29-24

We wanted to provide you with a year-end update on our Parish Expansion & Property Acquisition Fund Progress. Since our Land Acquisition Giving Challenge began on November 13th, and as of December 18th, we have raised a total of $587,364.46 from 184 families. This places us at 29.36% of our $2,000,000 goal.

Our parish-wide goal is to receive support from at least 1,500 of our 2,700+ Registered Parish Families. Currently, we have received financial support from 6.78% of our Registered Parish Families. Through this initial generosity, we are financially positioned to close on the MFA Property at the end of January, utilizing $375K of our Fund Balance toward that purchase. Additionally, we are working towards contract execution on a second property valued at $175K.

It is critical that we continue to make progress toward our $2,000,000 Land Acquisition Goal so that, as funds become available, we can extend contracts to those sellers and secure the properties on a Cash Sale Basis. Our intention is to pay cash for all targeted properties, thus eliminating the need to utilize funds from our day-to-day operating accounts.

As we wrap up the 2024 year, we express our tremendous gratitude for all of our parish families and everything you do to support St. Patrick Parish. On behalf of the St. Patrick Building Committee, the St. Patrick Finance Committee, and the entire Parish Staff, thank you so very much!