Three Ways to Replenish Our Savings

Regular readers of this page know we were in the fortunate position to be able to borrow from our long-term savings accounts (our endowments) to fund:

• repairs to our basilica ceiling
• repairs to our basilica bell tower
• the completion phase of our capital campaign, primarily the sorely needed restoration of the former Rose Room in the basement of the Lemont building to its original purpose as a parish center.

We have begun a drive to restore our savings by at least $5 million over the next 10 years, while at the same time maintaining the same level of parish services to all parishioners at every stage of their lives, from the very young to the very old.

There are a number of ways by which our parishioners can be a part of this effort, the most obvious of which is simply to increase our regular Sunday offertory collection. This is our most important source of ongoing support, and the excess over our budgeted needs will be deposited in our parish endowments.

But there are other possibly less obvious ways by which our parishioners can help replenish our endowments, once they have made their contribution to our parish operations through their Sunday offertory.  These gifts will be made directly to our endowments and our parish will receive 100% of the donation:

• the Blue Envelope (included in our bi-monthly mailing)
• a check sent to the rectory made out to Queen of All Saints Parish, with a notation earmarking it for direct deposit to parish endowments
• a planned giving option, such as a gift of appreciated securities, a Qualified Charitable Distribution from your IRA if you are at least 70 1/2 years old, or by including our parish in your estate planning.  (contact our business office for more information).