Update on High Pointe’s Financial Status and A Few Questions from Your Elders
Update on High Pointe’s Financial Status and A Few Questions from Your Elders
“In all things I have shown you that by working hard in this way we must help the weak and remember the words of our Lord Jesus, how he himself said, ‘It is more blessed to give than to receive.’”
(Acts 20:35, ESV)
We are living through a time previously unknown to us. It's important, however, to keep reminding ourselves and one another that if the Lord Jesus is sovereign over all things, then that included the Coronavirus outbreak and all its effects. High Pointe will continue caring for one another during this time under the leadership of its elders. We thank God for you, and we miss seeing you all face to face.
Clearly, this pandemic has affected all of us in a variety of ways. If you have a particular need, whether spiritual or material, please let the elders know. You may email us at email@example.com. We will contact the appropriate deacon or staff person to help you, or we will task a specific elder to reach out to you. Also, if you are able to meet the needs of other members, please let us know. We want to make sure we are caring well for one another during this time. It is a joy already to hear the stories of how High Pointe members are reaching out and helping one another.
Several of you have asked about our giving. Thank you for your concern. Let me begin by thanking God for your generous and faithful giving. Through the end of February, our giving was the strongest it has been in many years. Additionally, the increased income at the end of 2019 allowed us to put some monies aside in reserve. Presently, we have about $60,000 set aside in interest-bearing accounts. Thankfully, we have almost immediate access to those accounts. We also set aside $30,000 as cash reserves in our regular checking account. That’s the good news! And we rejoice in the Lord for your generosity.
Unfortunately, last week’s offering was $10,500. To put it in perspective, we need $27,700.39 each week to meet our budgeted needs for 2020. Clearly, one low-income week may be overcome with our cash reserves. But, to take the necessary precautions, we have implemented a spending freeze on all non-essential spending. We have also canceled several events in order to comply with the government orders – events like Sr. High Spring Retreat (March), Together for the Gospel/staff retreat (April), the Memorial Day picnic (May), Vacation Bible School (June). While we are sad about these cancellations, we believe it is prudent to do so now. One added benefit of these cancellations is that it will save us several thousand dollars in planned budget spending (approximately $8,000 - $10,000). Still, we have many of the same budget obligations during this time as we did before, namely, financial support for gospel workers: pastoral staff (and support staff), missionaries, and partnering agencies like the Southern Baptist Convention who themselves support about 4,000 international missionaries. In addition, we are committed to paying our contract laborers during this time because they too have families – our janitorial, lawn, pest control, and technical services.
So, High Pointe, here is what the elders want to ask you:
1) Do you have any immediate needs? Email Pastor Robert Baldwin, firstname.lastname@example.org
2) Do you know of any other High Pointe members who have immediate needs? Email Pastor Robert Baldwin, email@example.com
3) Are you able to meets the needs of other members? Email Erin Wyman, firstname.lastname@example.org
4) If your financial situation has not changed, would you please continue your regular giving?
If your work hours have been reduced or if you have been laid off or asked to take leave from your work without pay, we want to know how we can help you. Utilize the resources your employer is providing for you, and file for unemployment benefits if you qualify. But also know that we have a benevolence fund set up to help our members.
If you are in our membership process but have not completed it, we want to know how to care for you as well. Contact the elders at the email above or call the church office at 512-837-7725 and ask to speak with pastor Davey Davis.
5) And if you are able, would you give above and beyond your regular giving to our benevolence fund?
Several of you have noted that the online giving platform does not allow you to give to benevolence. If you choose to give to the benevolence fund through our online platform, simply email email@example.com and let her know your name and the amount of the contribution so that she can make sure it goes to the benevolence fund. Regardless of the platform, if you are contributing to the benevolence fund, be sure to make a note of it.
By way of reminder, here are the various options for continued giving:
a) You may mail your contribution to the church office:
If mailing your contribution is more convenient, send it to our church office in care of our Financial Administrator at the address below:
Attn: Financial Administrator
High Pointe Baptist Church
12030 Dessau Rd
Austin, TX 78754
b) You may give online via bill-paying services at your bank:
If you would like, set up High Pointe Baptist Church as a Payee on your online bill paying service with your bank and use the address as shown under item (a). This is the option that my family uses because neither you nor the church incurs fees. The bank simply prints and sends out a check from your account on your behalf. You may even set up High Pointe as a recurring payment if that is helpful to you.
c) You may give directly online through our website:
This can be accessed through our church website using your computer, tablet, or mobile device. You can set up bank transfer donations and manage your account yourself. Please note: You have the option to give via debit card or ACH. The church is charged significantly higher fees for debit cards, so we would encourage you to consider using the ACH option.
d) Give by text message to 84321:
You can also give by texting any amount to 84321. Please note: The first time you do this you will be asked to enter a few pieces of information, including your payment method and email address for your receipt. After this is set up, you will simply text the amount you want to give in the future.
e) You may donate assets (like stock):
Donating stock or other assets that have appreciated to 501(c)(3) not-for-profit organizations like High Pointe Baptist Church, may provide potential tax benefits when you give, rather than just cash. You are generally exempt from paying capital gains tax. It's a good way to store up treasure in heaven, while also maximizing the resources entrusted to us while on the earth. If you would like to donate stock to High Pointe Baptist Church, please contact Kay Null, High Pointe Baptist Church's Financial Administrator, at 512-837-7725 or by email. Consult with your financial planner or tax adviser before donating to High Pointe to determine how/if the potential tax advantages described here might apply to your specific situation.
Again, High Pointe, we thank God for your generosity. The Lord has provided for High Pointe during our hardest times. We trust that he will continue to sustain us during this season. Let us be anxious for nothing “but in everything by prayer and supplication with thanksgiving let your requests be made known to God. And the peace of God, which surpasses all understanding, will guard your hearts and your minds in Christ Jesus” (Philippians 4:6-7).
More in Straight to the Heart
March 31, 2020Beginning Family Worship
March 25, 2020Update on High Pointe’s Financial Status and A Few Questions from Your Elders
March 18, 2020Personal Thoughts and Encouragement as We Face Uncertain Times