A Light on a Hill — Capital Campaign
Our beautiful new parish house has been the center of parish and community activity more than we ever imagined. It has strengthened our ties with the University, provided the preschool with a free and beautiful base of operations, and served as a warm and gracious space for parish events of all sizes. Sustaining gifts to the capital campaign, the annual campaign, and the planned giving program made this all possible. Chapel of the Cross is to be commended for stepping out in faith and taking a risk in a time of transition and financial uncertainty.
The total cost of the new building is a bit less than $10 million. Our bank loan totals about $3 million. That means you helped us raise $7 million for A Light on the Hill. As we begin to make regular interest and principle payments on the loan, we are counting on outstanding capital campaign pledges be paid on schedule. Any advance payments we receive — of regular pledges or legacy gifts — will strengthen our financial position now so that we are better able to weather unforeseen risks later. And of course, and new gifts are gratefully received. To make a gift or pay on your pledge, click here.