Finance and Resource Update

Thanks to all for your efforts in planning and hosting the annual parish picnics. Picnic reports will be available soon after picnic leadership teams submit all the invoices. I have filed the Gross Receipts Reports with the Indiana Gaming Commission, due within ten days of hosting the annual picnic. From what I can see from the preliminary reports, picnic expenses have increased a little over 15% since 2021.

Both picnics are necessary to sustain our financial stability. St. Boniface Parish uses most of the picnic revenue to offset the cost of utilities and property insurance averaging $30,000 a year. St. Meinrad Parish uses most picnic revenue to offset the expense of cemetery care and maintenance, averaging $24,000 annually. In reviewing the June financial reports, the last month of our fiscal year, (in the August 14th Sunday Bulletin) you may have noticed that utilities for St. Boniface Parish exceeded 20% more than budgeted and St. Meinrad Parish 10%. 

Income for Sunday and Holy Day and Restricted Gifts received for July 2021 through June 2022 remain steady. Both parishes remain debt-free, operate within projected budgets and have contributed to savings and endowment accounts for short-term expenses and long-term goals. Thank you for your generosity throughout the year. 

A reminder in the coming months, please watch for the Annual Picnic Quilt envelopes in your monthly stewardship envelope packet. Your gifts support the artisan's work crafting the quilts featured at the annual picnics. Both parishes have recently eliminated the "quilt group lists." Great job in using the envelopes for 2022. Please keep it up as we prepare for the 2023 picnics.

If I can help you or your family in any way, including:

• reserving parish spaces for ministries, programs and activities, rentals for family gatherings
• assisting community organizations in scheduling and securing a parish space and completing usage agreements when wishing to use a parish space for a meeting location
• how to set up direct deposit for your Sunday and Holy Day Stewardship Gifts
• · enrolling as a member of The 1847 Society (SB), The 1861 Society (SM) to ensure that cemetery care and maintenance will continue in perpetuity
• Year End Gift Planning for Individuals Age 70½ for qualified certified distribution (QCD) remains a great way to make a tax-free gift to your parish or other qualified 501(c)(3) organizations
• · to answer any questions about locating and purchasing cemetery plots

Please contact me from 7 a.m. to 3 p.m. Monday through Wednesday at 812-357-6050 or tinab@myparishfamily.church.

Thank you for your financial stewardship and for supporting the mission and ministry of our parish family.

   ̴̴ Tina