Dear Trinity Family,
As I write this letter, we journey through Advent and make our way toward Christmas. This season is meaningful because it offers us opportunities to understand the importance of our waiting and deepest longings. During the pandemic, the words “O Come O Come Emmanuel” seem to be a poignant cry of our hearts. These past nine months have been an incredibly difficult and complicated time. Typical rhythms in our individual lives, as well as those of our church family have been disrupted. Nonetheless, we continue to press forward, trusting in our Lord.
My primary intent in sending you this year-end letter is to keep you up to speed on where Trinity Communion Church stands financially. To begin, I want to offer a heartfelt thanks for your ongoing generosity. The work of the Kingdom here at Trinity could not be done without you.
As it stands, we are in relatively good shape with 3 weeks remaining in the fourth fiscal quarter of our annual budget. Historically, we see strong regular giving and special extra year-end gifts in the final quarter from our members and ministry partners. We will need this trend to continue over the next few weeks so we can finish well and be ready for ongoing ministry and growth opportunities in 2021.
As you can see from the chart, we are making progress toward our overall budget. One thing that is not reflected, but should be shared, is that we have worked hard to reduce expenses. We tightened our belt while at the same time opening our hands to give generously to those in need. Specific examples include our Covid-19 Benevolence Relief Fund and adopting School #50 to provide food, clothing, and a virtual hub to inner city families in need.
Currently there is a modest gap between our actual giving and our budget. We did receive a one-time PPP loan through the Cares Act that has bridged some of the gap for us. This was a great blessing. In real time we are in line and working with our bank to have this loan forgiven.
So where does this leave us as we look at the financial needs in the remainder of this fourth fiscal quarter? I would say grateful, prayerful, and hopeful! Assuming the PPP Loan is forgiven, we only need $15,600 to meet our 2020 budget ($1800 in Tithes and Offerings, $8000 in Building Fund, and $5800 in Missions). That being said, I would like to set a stretch goal for us of $25,000. This reflects the fact that the PPP loan was a one-time help that has not actually been forgiven yet. Any surplus at the end of the year could help us enter 2021 in a strong financial position with savings and funds available for future projects. Rather than hunker down, I vision for us to be ready for expansion and growth next year!
In closing, would you prayerfully consider how much you might give before the years end? Please know that any amount matters a great deal, especially when we all play our part. I know you will be blessed as you support the ministry and mission of this church. Click here to donate now https://trinitycc.aware3.