FAQ's

Frequently Asked Questions Relating to Stewardship and Giving

 

What is Stewardship?

Stewardship is the personal and financial contribution people make to support the operation of our Church. Financial contributions help us sustain our church.

What are Stewardship funds used for?

Stewardship funds pay for the expenses of our Church, including essential services such as utilities, insurance, maintenance, snow removal and items such as supplies and postage.

Stewardship funds pay for the annual mandatory assessment by the Archdiocese, which can be over 10% of the annual budget. Stewardship funds also contribute to the payment of salaries for the clergy and the church staff. Funds can also be used for outreach, fixing and maintaining our property, and to fund adult and youth ministries.

How much money should I pledge?

Stewardship is based on encouraging each steward/family to give according to their means. There is no minimum, and no required amount. Some may still prefer to receive some guidance on the amount to give. If you need guidance, consider a monthly offering of $100 per month. If God has blessed you with the ability to give more, it would help our church increase our offerings and outreach. The Bible teaches us to tithe—give a percentage of our income—to the church. If you cannot give 10% as the Bible teaches, you may give at lesser percentage of income. We are all called to give what we can, and we will receive the blessings of our gifts to

the church.

Should I give monthly or annually?

There is no requirement on how often to give your financial contributions. As many of our bills are monthly, we would welcome your stewardship by monthly payments.

How can I pay my financial stewardship?

Stewardship can be paid many ways: cash, check, credit card, online by bank deduction or credit card, and stock donation. Monthly deductions from your bank account or monthly credit card payments are easy, help distribute your stewardship throughout the year, and help the church receive monthly cash to meet our expenses.

Are Stewardship contributions tax deductible?

Although we cannot provide tax advice and suggest you consult with your tax advisor, St. Nectarios is a 501(c)(3) non-profit organization, and all donations should be tax deductible. St. Nectarios provides receipts for stewardship donations.

 

What is the amount of annual operating expenses of St. Nectarios for 2019?

The budgeted expenses this year are approximately $1,000,000. Like other nonprofit institutions, our Church operates on a breakeven basis, which means that 100% of revenues are used to pay 100% of the expenses. If we have a surplus of money, the church can increase its outreach and charitable giving, save for future capital expenditures, or invest in additional needs for the parish.

How much of our operating expenses currently comes from Stewardship?

Approximately 60% of our operating expenses come from Stewardship.

Where do the rest of the funds come from?

The remaining funds come from fundraisers, such as Greek Fest, the Social, and other fundraising activities. We also rely on donations to help pay our operating expenses.

How do I become a steward of the parish?

Membership in the Orthodox Church begins at baptism (Chrismation for some) and continues throughout our life. We are united with Christ through the sacraments, or mysteries, of the Church and through our faithful offering of our entire selves to Jesus Christ. A voting member is over 18 years of age and turns in a signed stewardship commitment card, committing a portion of time, talent and treasure to the Church.

Why must I commit to give a specific amount?

Please keep in mind that your stewardship of money is kept in the strictest of confidence.

However, we do compile the amounts anticipated to better plan our budget.

Is there a minimum amount to be a steward at St. Nectarios?

There is no minimum amount of stewardship required to be a steward at St. Nectarios.