Trinity Capital Campaign approved

After a lengthy study period, the Vestry of Trinity Church in August approved a capital campaign to commence in 2020. The goal of the campaign is to secure commitments from the Parish and the local community for $750,000 with a payment / collection period of up to five years.

Based on feedback from the parish during the study phase there are four projects included in the campaign:

  • Seeding a Preservation and Maintenance Endowed Fund with at least $500,000. The midterm goal (contemporaneous with the 5 year commitment period) is to grow this to $1 million, which will be done through a planned giving program that will start in parallel with the capital campaign.
  • An Accessibility Project Fund of $100,000. This fund will pay for renovating the tower entrance to allow for regular use of the sanctuary doors on Madison Avenue and the addition of a wheelchair accessible ramp to that entrance. Expanding on the theme of better accessibility, this project also includes an upgrade to our assisted listening system.
  • A Children’s Playground Project Fund of $100,000. This fund will pay for resurfacing the children's playground accessible from the Godly Play room and the kitchen.
  • A Kitchen Improvements Project Fund of $50,000. This fund will pay for improvements to the kitchen, including new air conditioning.

In addition to these four projects, there will also be an option to give a separate gift specifically to reduce the debt. All of these gifts are given with the understanding that we have a long term plan to change the structural economics of the church and that the capital campaign (as well as planned giving) is a key part of that change which will result in Trinity being able to invest in programs and staff in a sustainable way, without accumulating debt. However, as we transition through those changes, the debt will continue to fluctuate as we invest to cover costs.

Any remaining balances from each of the four projects will be added to the Preservation and Maintenance Endowed Fund.

Committees are in place to shape the direction, message and execution of the capital campaign. In the near term, several smaller, easy-win projects are being prioritized so that our congregation can see swift action in response to parishioner dreams to improve our church, outreach and service experience. The public phase of the campaign will begin in March and conclude by June 7, 2020.

Please contact Shari Burrows or Chris Kelley if you have any questions or concerns.

Contact

Trinity Episcopal Church of Covington Kentucky
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Phone: 859-431-1786

Fax: 859-392-2361

Emergency Pastoral Care:
859-414-0990
 

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