Shrink the Debt 2017
St. Boniface Pastoral and Finance Councils sponsor an annual fundraising raffle worth $10,000. Raffle tickets are currently being sold for $100 each. The prize is capped at $10,000. In the event fewer than 200 tickets are sold, the prize will equal 50% of the net proceeds. The remaining proceeds will help our parish shrink the debt. The winning ticket will be pulled after 9 a.m. Mass on Sunday, November 12, 2017. The leader for this year's campaign is Cathy Bellis who can be reached at CBellis@stbonifacechurch.org.
Significance of Shrink the Debt
In the fall of 1998 a capital campaign called “Celebrating the Past … Building for the Future” was initiated and over $1,143,000 was pledged toward the building of a new facility (phase I) at St. Boniface. The new facility at 1200 Warrior Lane was dedicated on January 27, 2001, and contained a temporary worship space (which ultimately became the parish hall), a gathering space, and parish offices.
In July 2002 Father Vince was welcomed to St. Boniface by over 630 registered families. In October 2006, with over 850 families in the parish, the “Building Faith” pledge drive for phase II was initiated and just under two million dollars for an expanded facility was pledged. Phase II of the building project included a new sanctuary, faith formation center, parish hall, and permanent offices, all of which opened in the fall and winter of 2007/2008. The new sanctuary was dedicated on December 8, 2007 and seats 1,000 people. Phase II ended with the completion of the parish hall and kitchen facilities in January 2008. The total cost of phase II was 7.2 million, with the debt immediately decreased to 5.6 million due to the nearly two million dollars in previous donations.
We’ve shrunk the debt down to $3,947,427 as of October 2015. Our loan payment budget for this fiscal year is $387,000 (approximately $213,000 in principal and $174,000 in interest).