Here are the Financial Feasibility Study results that was recently undertaken by Barry Finkelstein. The study was conducted by Barry Finkelstein, a Unitarian Universalist Stewardship for Us Consultant. Barry Interviewed a number of our key stakeholders in our congregation in order to get a sampling of opinions to determine reasonable expectations for the campaign results.
The purpose of the Study:
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To determine the readiness of the Unitarian Universalist Church of the North Hills (UUCNH) to conduct a capital campaign to finance mission-driven facility expansion and enhancement
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To estimate how much money such a campaign might raise
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To identify the next steps to maximize chances of success
The Capital Campaign Committee is pleased to announce that the results are:
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The project enjoys strong support. On a scale of 0 to 10, the average rating for importance was 8.52. Only one person rated it below 5, and 33people (78% of respondents) rated it 8 or above
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The planned contributions of the study participants is just over $630,000, which is 3.4 times their annual giving with possible upside potential from this group is $700,000 or 3.8 times annual
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The current data indicates that UUCNH can raise between $900,000and $975,000
This means that we are on track if we go forward to execute the Basis plus enhanced plan:
Conclusion:
While there is a lot of uncertainty in the world today, we can do this. We ask you to support the campaign and as you consider your own gift – here are a few things to talk about in your family:
- Required Minimum Distribution (RMD/QCD)
- Appreciated assets
- Defer personal capital projects
- A sabbatical from giving to non-UU causes
- Defer expensive vacations
- Keep your car a few more years
- Advance on inheritance or legacy giving
- Reduce or eliminate discretionary expenses
- Ask family to help you support the campaign
For the full study, summary click here.