Frequently Asked Questions
What is the timeframe for paying my pledge?
Most pledges to Enduring Hope are three-year pledges. However, the pledge can be paid off sooner if you prefer.
I’m not sure what my financial situation will look like over the next few years. Should I not make a pledge? What happens if I can’t fulfill my pledge?
Making a multi-year pledge can be challenging but is helpful as the church plans its financial future. It may be best to make a commitment you are confident you can fulfill and perhaps add to it later if possible. We understand circumstances can change; if you want to reduce or increase your pledge, please let the church know.
How much should I give to the Enduring Hope campaign compared to my annual Stewardship contribution?
Determining your contribution to Enduring Hope is a personal decision. Everyone’s situation is different. For some it may be helpful to consider matching your annual commitment each year of the campaign. For others, campaign gifts will come from invested funds or other assets, thus allowing for a considerably larger commitment.
If I am only able to give to annual Stewardship or Enduring Hope, which should I choose?
This campaign is in addition to the annual Stewardship program. Stewardship gifts are essential for the day-to-day work of the church. More than 75% of our annual operating budget is funded by individual gifts, so annual stewardship takes precedence.
I would like to make a gift to the campaign, possibly in the form of a Legacy Commitment. Can I do that?
If you are age 75 or older, you may use a current unrestricted estate gift as part or all of your pledge, or you may create a new Legacy Commitment for the campaign. Please contact Kelsey Crouch-Dodson for information.
How does this new campaign, Enduring Hope, connect with Open Doors Open Futures?
The Enduring Hope campaign will conclude and celebrate Open Doors Open Futures. With the physical space completed, now it is time to focus on building a sustainable financial future. Paying off the debt will help Westminster grow and continue to thrive for the next 100 years. As with previous campaigns, $3 million (10% biblical tithe) will be allocated toward a mission component. Additionally, $500,000 will go toward Chapel improvements. Ultimately the goal of this campaign is to free the church from its financial obligations, ensuring Westminster continues to be a vibrant telling presence in the city for generations to come.
How much does the church owe and to whom?
Westminster owes approximately $26.5 million, including interest. That number may change depending on the timing of payments made. There are two lenders: the Presbyterian Investment and Loan Program (PILP), part of the PCUSA commitment to help congregations; and Thrivent Financial, based in Minneapolis. Both lenders offer favorable interest rates and reinvest our payments into ministry and mission.