“Stewardship is
receiving God’s gifts gratefully,
sharing them in justice and love with others,
and returning them with increase to the Lord.”
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General
Stewardship
Saint Ambrose of Woodbury
is a vibrant Catholic community that that actively
serves and ministers to nearly 12,000 members. As is
true with any family, we rely on each member of our
family of faith to do their best to support the
efforts and ministries of Saint Ambrose of Woodbury.
It is also not easy to be the generation to build a
parish. As a new parish, our financial
responsibilities are increased by construction
costs.
The Saint Ambrose of Woodbury
campus and buildings were designed to meet the needs
of all the Saint Ambrose of Woodbury programs and
ministries. As such, programs and ministries share
the facilities. School tuition and fees support the day to day
operations of the school program, including teacher
salaries and benefits, school program expenses and a
portion of the building maintenance.
School tuition and fees do not cover any of the
construction cost or on going debt requirements
related to construction.
Our parish leadership takes the responsibility of
being good stewards of the financial gifts to the
parish very seriously. Please review the
information and links on this page to learn more
about the fiscal stewardship and financial needs of
Saint Ambrose of Woodbury. If you have any
questions regarding the information contained on
this page please contact our parish business
administrator,
Ron Neuser.
Sharing in
Faith
Saint
Ambrose of Woodbury is the spiritual home of our
family of faith. As is true in families, we
each benefit from offerings of the parish home that
we all share. Thanks to the campus of Saint
Ambrose of Woodbury we have a place to gather to
share in Catholic worship, education, and outreach.
As is also true in families, not only do we benefit
from all that we share, we each have a
responsibility to share what we have been blessed
with in support of our spiritual home.
All members of our parish family have been asked
to participate in the Sharing in Faith
Campaign. Just as our personal homes
often carry mortgages with deadlines that must be
met, our parish home has financial deadlines that we
are required to meet. A successful campaign
will help us to fulfill our monthly mortgage
payments and reduce the overall principle on the
debt incurred by the construction of the parish home
that we all share. We hope that even in these
challenging economic times all who call themselves a
member of our family of faith will share according
to their means in the upcoming campaign.
Have We Heard from You?
Our Sharing in Faith campaign
has been very successful, and with the help of those
we have not yet heard from we can raise what we need
to make our mortgage and other debt payments over
the next three years. We have already raised almost
$1.9 million, and we only need to raise about an
additional $200,000 to ensure that we can make our
required payments over the next three years.
A pledge or even a
one-time gift of any amount does make a difference!
If we have not yet heard from you, we'd greatly
appreciate it if your family could join over 1200
families who have already made a pledge for the next
three years. If you're not able to make a pledge,
even a one-time payment can help us reach our goal.
Our records indicate that we have not received a
commitment from you. We ask that you prayerfully
consider your gift and pledge what you can do in
support of the campaign.
Cards can be mailed, dropped
by the parish office, or put in the collection
basket at Mass. If you have already turned in your
pledge card, we thank you. Should you have any
questions, please feel free to contact the parish
office at 768-3030. What ever your decision, we ask
that you keep our faith community in your prayers.
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2010-2011
Year End Report
July 1, 2010 - June 30-2011
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July 1, 2010 - June 30, 2011
Sunday Stewardship Collected
$1,608,607.74
Sunday Stewardship Budgeted
$1,735,937.00
Difference
($127,329.26 ) |
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Sharing
in Faith
Pledged to Date . . . . .
$1,883,561.61
Paid to Date . . . . . . . .
$689,057.78
Parish Goal . . . . . . . .
$3,000,000.00
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Debt
Information
Balances as of June
30, 2011
Total Building Cost . . .
$20,406,343.06
Principle Payments . . .
$10,627,223.61
Interest Payments . . . .
$5,489,033.00
Remaining Debt . . . . .
$9,779,119.45
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Breakdown of
Debt
Balance as of June 30, 2011
Bonds.
. . . . . . . . . . . .
$8,309,283.14
Commercial Loans . . . .
$1,469,836.31
Total . . . . . . . . . . .
. . $9,779,119.45
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Acrued
Interest & Fees
Paid from 2001-2011
2001 . . . . . . . . . . . . . .
$541,990.00
2002 . . . . . . . . . . . . . .
$647,841.00
2003 . . . . . . . . . . . . . .
$482,867.00
2004 . . . . . . . . . . . . . .
$379,883.00
2005 . . . . . . . . . . . . . .
$416,830.00
2006 . . . . . . . . . . . . . .
$516,171.00
2007 . . . . . . . . . . . . . .
$612,652.00
2008 . . . . . . . . . . . . . .
$559,727.00
2009 . . . . . . . . . . . . . .
$477,599.00
2010 . . . . . . . . . . . . . .
$411,332.00
2011 . . . . . . . . . . . . . .
$442,141.00
Total Paid . . . . . . . . .
$5,489,033.00
*Please note that our interest rate
is calculated on a floating scale. |
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