Monday, October 13, 2014

Capital Campaign Update

As we move into Fall, we wanted to provide an update on the status of the Capital Campaign.  Since the fire last year, many people throughout the community have given of themselves, and donated to help us rebuild, renew, and restore St. Basil since the fire we suffered in 2013.  Late this spring at the Recipe's for Rebuilding Fundraiser, we kicked off the next phase of our Capital raising efforts with three key goals:

  • Rebuild the Church following the fire
  • Renew and restore the Church through much needed capital and building improvements
  • Retire the outstanding mortgage to secure the future

At the fundraiser many people also saw the brochure and FAQs that we drafted to further explain our goals, and answer the many questions that arise from such an initiative (available here:  http://www.stbasilchicago.org/rebuilding-stbasil/capitalcampaign.html).
We have sent out these materials also to members of St. Basil's, and others that contributed toward the rebuilding shortly after the fire.  Father Panteleimon and I have also met with prospective donors and would like to talk with others who have any additional questions.

We are encouraged by the donations we have received to date, but in order to fulfill the objectives much work remains.  To date we have had three (3) individuals pledge at the $50,000 level, two (2) individuals pledge at the $25,000 level, a number of individuals who have pledged $1,000 or above, as well as smaller donations.  As you know we are seeking 3 year pledge commitments, and at this point are about 45% complete of our total objective.  This campaign is a stretch for St Basil's, yet we are confident that with continued generosity from our parish and the broader community we can achieve our objective.

In Christ's Service
George T. Tziahanas 
george_tziahanas@yahoo.com

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