Growing God’s Kingdom

Goal: $1,750,000

Our mission at Alexandria Covenant Church is to Love Jesus, Become Like Jesus, and Share Jesus. That mission is truly at the heart of our “Growing God’s Kingdom Capital Campaign”. As a church we feel that now is the time for us to make a push to free up our financial resources in a way that will maximize our ministry impact and allow us to go further on mission to the glory of God. We are inviting you as our church family to join us in eliminating our debt and raising money for some large capital needs. By doing this we will be able to utilize the resources that are freed up in the areas that we feel God leading us towards like rural ministry development, strengthening our mission partnerships and expanding our technology ministry.

WHEN
June 25, 2023 through April 30, 2026

WHY
To free up financial resources to maximize our ministry impact

HOW
Eliminate debt of $1.152 million and raise money for large capital needs

GOAL
$1.75 million, after applying $300,000 from cash reserves

TIMELINE
3 years: Year 1 goal $900,000; Years 2 & 3 $425,000/year

WHY NOW
Balloon payment due May 10, 2026
Monthly payments of $6,100 @ 2.34% interest
The sooner we pay off our debt, the quicker we can do more to Grow God’s Kingdom

FUTURE FOCUS
Rural Ministry Development
Strengthen Mission Partnerships
Expand Technology Ministry

Ways to join us in Growing God’s Kingdom

To give online, click the button to give and select “Growing God’s Kingdom Capital Campaign” from the fund dropdown menu.

Print and mail your completed pledge or email it to treasurer@alexandriacovenant.org

Suggested ways to give:
  1. Submit your pledge card indicating commitments to the church office or in the offering plate. Your giving will be confidential, and can be given weekly, monthly, quarterly, or annually. It is not a bill and you will not be invoiced, and it should not replace your regular giving to Alexandria Covenant Church.
  2. Gifts to the Growing God’s Kingdom Capital Campaign or Property fund, either one-time or recurring.
  3. If you are at least 70 and a half years old, you can give via a Qualified Charitable Donation (QCD) from your IRA, which satisfies the Required Minimum Distribution (RMD) requirements of the IRS. The maximum you can give without incurring additional income tax liability is $100,000. Everybody’s tax situation is different, depending on the amount of funds in your IRA account. By reducing your income, it could reduce the amount of taxable Social Security or require less tax on capital gains.
  4. Donated stock, which allows you to deduct the fair market value of the stock and pay no tax on the unrealized gain, if held for more than a year.
  5. Donated crops. The crop must be transferred to the Church, and sold by the Church. This is also a tax advantaged method of giving.
  6. Matching gifts are a great way to increase your gift! Many companies offer a charitable benefit option. It is worth exploring if you or your spouse have a corporate matching program through your employers.

Please consult with your personal financial and tax advisors to advise you on the best way for you to give, based on your personal circumstances.

Pray
  • Pray that the Lord will continue to lead and guide us in the ways we should use the resources that will be freed up as a result of this campaign.
  • Pray that God would give clarity and discernment to people as they consider what and how to contribute.
  • Pray that we grow closer as a church family and deeper in Christ by watching the ways that God provides for and uses this campaign.
Questions?

Office, 320.763.5659