On Sunday we announced the results of our final Building Fund Gift Day. Here is an update in case you missed it – and it’s gone up a bit since Sunday morning too:
Our target was £300,000
That’s a lot of money and, along with a mortgage, that would enable us to finish the job – albeit our finances would be TIGHT! What we really wanted to do was beat that target.
After the first week we were just under the half way mark.
Following the second Sunday I have the privilege of announcing the final result.
The total amount raised consists of three parts:
- Money given and now in our bank account
- Money that people have pledged to give over the next few weeks
- Gift Aid that, as a charity, we can claim on people’s giving – reclaiming the income tax paid on the money that was donated
Adding these three figures together gives us a total amount of
Wow! That is a lot of money! It’s just under half a million pounds … given over two Sundays … following two other huge Gift Days this year!
And for the first time we actually beat our target. 😃
This result means that we can do everything we planned to do, and perhaps (we cannot say for certain yet) we may be able to borrow a bit less than was anticipated, which would make a huge difference going forward .
Giving some away
Our plan has always been to give away a portion of this giving to Compassion UK, to help fund a Child Survival Programme in Togo (for details click here) and the amount that is eligible for this is just over £40,000.
That money will be doubled under a matched funding initiative from the UK Government making it up to more than £80,000.
We received this short video from Justin Dowds, the CEO of Compassion UK and Ireland, saying thank you. Do give it a watch.
This video contains sub-titles – just click on the caption button to switch them on or off.
The video should be visible above, if it’s not then please click here to view it.
I want to take a moment, on behalf of the Welcome Church eldership team, to say thank you for all your faithful giving. What a huge difference this is going to make to us as a church and to the lives of mothers and babies in Togo.