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Finance Committee
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2012 Pledges
Pledging is the largest piece of the financial contributions to the Church.It is a promise to contribute a certain amount (typically weekly) to the Church.
The Church runs its annual fund drive in October and November, during which it asks members to make a pledge of the amount each member will contribute the next year. This is typically what is referred to as “your pledge.”
Most of our members determine and report to the Church their respective pledged amounts for the following year at the conclusion of the annual fund drive. Our annual budget is in large part planned based on the cumulative pledges of our members. That is, as the most significant piece of Church income, our Finance Committee relies heavily on the pledge totals to confirm the budget, including how much the Church can spend, for that year.
Our members give generously and allow the Church to minister effectively. Moreover, our members pledge sincerely, and the amount pledged to be given is close to the amount that is actually collected every year.
Although the annual fund drive occurs in the Fall, you can appreciate that the Church welcomes pledging at any time from its members as this allows the Church to grow its ministry. Please submit your pledge via the online form below, or download a pledge form here and drop it in the offering plate on Sunday at the church. If you prefer to mail your pledge form to the church, please send it to:
Brad Goodrich, Financial Secretary (2012 Pledge)
First United Methodist Church
120 West Main Street
Westborough, MA 01581
If you have any questions about the pledging process, feel free to contact Dick Stone, our Stewardship Committee Chair, Mike Sams, our Finance Committee Chair, or Pastor John Taylor. Mike and Dick can be contacted through the Church.
~ The Stewardship and Finance Committees
2011 Budget
We are thankful and blessed that we have been able to set a budget in 2011 that has grown over that in 2010. Because of your generosity we have funding, among other things, for the Stephens Ministry and have grown the Outreach budget. Our average pledge grew by approximately two dollars and our total pledge amount is significantly higher than last year. Our Church, due to warm, compassionate ministry and your good and faithful hearts, continues to grow and our financial condition mirrors that success.
~ The Finance Committee
| Pledge Income |
270,000 |
| Unpledged |
75,000 |
| Loose plate |
10,000 |
| Holiday offering |
10,000 |
| Prior year pledges |
2,500 |
| Prepaid pledges |
5,000 |
| Preschool |
5,500 |
| Investment income |
6,000 |
| Building use |
2,400 |
| Property rental |
11,200 |
| Other |
2,300 |
| Total Other Income |
129,900 |
| Total Income |
399,900 |
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| SPRC: |
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| Salaries, etc |
198,672 |
| Health Insurance |
16,399 |
| Employee Social Security |
9,069 |
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| Utilities |
18,300 |
| Maintenance |
27,650 |
| Rental Property |
5,750 |
| Insurance - property |
7,240 |
| Insurance - workers' comp |
1,680 |
| Office Expense |
10,000 |
| Parsonage Expense |
7,675 |
| Outreach |
8,000 |
| Worship |
6,650 |
| Children & Family |
6,725 |
| Adult Studies |
1,000 |
| Evangelism |
1,000 |
| Stewardship |
1,000 |
| UMYF |
500 |
| Spiritual Life |
500 |
| Health & Welfare |
1,000 |
| Other |
5,666 |
| Conference Pension |
12,320 |
| Conference Apportionment |
48,104 |
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| TOTAL EXPENSE |
394,900 |
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| NET BALANCE |
5,000 |
Endowment fund:
The Finance Committee has established an endowment fund which will accept gifts to First UMC, to be invested with the United Methodist Foundation of New England. The following documents explain the details of the endowment fund:
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Please direct your questions for First UMC's finance committee to Mike Sams, chair, via the church office. |
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