I am so proud of the finance council and the endowment board who have worked so hard for the financial security of our parish. This weekend they will make a presentation about the past year’s stewardship. I am happy to say that St. Robert’s has never been in a better financial situation, and that is thanks to the generosity and dedication of our parishioners and our finance council and endowment members.
At our first joint meeting with the finance council and the trustees of the endowment, a unanimous vote by all the members motivated me to change the name of the endowment from the St. Robert’s Endowment Fund to the New Church Building Fund. The name changes, but the mission of providing for our parish remains the same. Instead of providing $30,000 to the parish annually in dividends, it will in turn be geared towards growth to finance the future expenses of building the new church and facilities. This fund already has a significant amount of money that was primarily from the large amount of savings Fr. Matula had set aside for the parish. The goal of the New Church Building Fund is to reach an amount of $12 million dollars and to completely fund the building of our new church and other facilities. This would mean that the New Church Building Fund would become our own bank and we would never need to borrow money from the diocese. In short, we would borrow money from our own endowment and pay ourselves back in paying back the endowment. This would leave us with new facilities, a robust endowment, and endless future financial possibilities.
Pastoral Vision