1. Proceed Immediately with Plans for a Capital Stewardship Campaign
The outcome of the Feasibility Study strongly indicates that the Pax Christi Catholic Community can be successful in conducting a capital campaign to address some of the facility needs as put forth in the study. The study “tapped” into strong awareness of the parish’s facility needs among parishioners and a readiness to address those needs.
RSI believes Pax Christi can conduct a successful campaign, raising upwards to $8 million. The successful attainment of that campaign objective will be dependant upon securing the top 10 to 20 needed major gifts, which could constitute up to 40 percent of the total raised. RSI believes those gifts are most likely available in the parish.
2. Update the Case for Support Prioritizing the Needs
The principal needs presented in the Case (addressing deferred maintenance needs, redoing the church, adding on to hospitality space, building new facilities for ministry support space and building a new chapel) must be presented in the order they will be addressed as funds become available. There is divided sentiment as to whether the worship space or hospitality space should be the second priority after addressing deferred maintenance. Most people stated that improvements to the worship space ought to be the highest priority after addressing significant deferred maintenance needs.
3. Direct the Renovations Committee to resize the scope of the project (with a total projected cost of $8 million.
The Renovations Committee should meet with the architects and contractors and refocus the projects on addressing the deferred maintenance needs and then the major renovation of the worship space. The total budget for all work should be within the range of $8 million.
4. Direct the Stewardship Committee to begin planning for an upcoming Capital Stewardship Campaign to raise the needed funds.
The Stewardship Committee should begin immediately to make plans for an upcoming Capital Stewardship Campaign. The exact timing of the campaign will be determined at a later date but the Committee should make plans for the possibility of campaign as early as this fall.
5. Plan to make the final decision on whether or not to begin the Capital Stewardship Campaign in mid-August.
The final decision on whether or not to undertake a fall campaign can be made in mid-August waiting to see if the national economy has stabilized and the prevailing sentiment is that things are improving at that point in time. Any preparations that will have been made at that point-in-time will not have been wasted; those same preparations will be needed at whatever time the campaign is begun.
6. Retain RSI Catholic Services as Fundraising Counsel
Retain RSI as fundraising counsel to assist with immediate preparations to begin a campaign. The momentum for a campaign is present and Pax Christi should seize the opportunity to begin a campaign. Pax Christi Catholic Community will want to communicate the outcome of the feasibility study to everyone in the parish and utilize the positive outcome of this report to assist in launching a campaign.