Faith Lutheran Church

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You are here: Home Giving Pentecost Challenge: Successful!

Pentecost Challenge: Successful!

May 28, 2013 By Faith

Thank You to everyone who supported the Pentecost Paydown special offering in May. About $11,000 was received for principal reduction on the church’s mortgage. At the same time, a building donated to the Legacy of Faith campaign finally sold. Together with a bequest from Maureen Hantge’s estate, the church council just approved a $71,000 principal reduction on the mortgage!

That’s not all. Last January, the annual meeting approved a $150,000 principal reduction! This means that Faith has reduced its mortgage by more than $220,000 this year, in addition to our regular monthly payments.

As a result, the mortgage is melting down much faster than planned—from $3.2 million to just over $2.8 million in only three years! We now have an opportunity to reamortize the mortgage, which will accelerate the paydown further.

It is only your generous support that makes any of this possible. Please continue giving generously as God first blesses you.

PentecostPaydown

Not a fan of checkbooks? Click here to learn about online giving at Faith Lutheran.

 

Filed Under: Giving, Legacy of Faith... Moving Forward Tagged With: estate gift, mortgage, Pentecost Paydown, reamortize

New to Faith?

Building FAITH is the mission statement for Faith Lutheran Church, and it’s much more than just a slogan. You can see by all the ministries described on this website that God is Building FAITH in this church. It describes the amazing work God has done through our church through the years. It conveys our trust that God will amaze us even more in the future. It also calls all of us in this family of Faith to invest ourselves in the mission of bringing the good news of Jesus Christ to a world broken by sin. Continue Reading

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Faith Lutheran Church

335 Main St. S.

Hutchinson, MN 55350

[P] 320-587-2093

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