BUILDING FUND COMMITTEE PURPOSE STATEMENT
To create opportunities for parishioners to support our building fund programs
​to reduce the Parish's building fund debt.
BUILDING FUND COMMITTEE MEMBERS
Michelle Davies - Chair
Virginia Rappel - Vice-Chair
Bernadette Balak-Paul
Holly Davidson
​Mark Holland

LATEST VIDEO OF OUR DONOR WALL

WHAT IS THE BUILDING FUND?
The Building Fund was created to pay down Ascension’s debt arising from the building renovation project, the purchase of the new Rectory, and the loan to purchase the former Lutheran share of the building. The Building Fund is separate from contributions received to cover regular Parish operating expenses. 
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The Parish’s total debt is approximately $11 Million. Recurring donations, such as those made using the Pre-Authorized Donation (PAD) program, are put towards the Parish’s monthly mortgage payments. Larger lump-sum donations, such as Donor Wall block purchases, are generally used to directly pay down the principal. By paying down the principal directly we can shorten our payout timeframe and reduce the amount of interest we need to pay on our mortgage.

For more information on the renovation project, see the Ascension Renovations Committee page.
 DONATING TO THE BUILDING FUND
Stand-alone donations to the Building Fund can be made by cash, cheque, credit card, or e-transfer.  Recurring donations can be made using the Pre-Authorized Donation (PAD) program which allows Parishioners to set up recurring electronic contributions. You can also contribute to the Building Fund by purchasing a block on the Donor Wall or taking part in any of the other  Building Fund fundraising initiatives.

​See the Giving page for all our donation options.
DONOR WALL
The Donor Wall was constructed in the Fall of 2019 following the completion of our building renovation. The Donor Wall is our largest fundraising initiative, and it will be a permanent monument in the building’s Narthex. The Donor Wall consists of 506 blocks which range from $2,500 to $100,000, depending on their size. Our goal is to raise $5,030,000. When completed, the Donor Wall will be a beautiful golden cross on a silver background, all made of various sized blocks. 
The Donor Wall is our main Building Fund initiative.  To help encourage additional sales, we are introducing a new payment plan option, which allows for payments to be made over a 10-month period, for a selection of plaque sizes.  The details of the new option are available in the Donor Wall Plaque Payment Plan Agreement below.
The above illustrates the current number and value of donations received toward our Donor Wall program since its inception in the Fall of 2019. We are most grateful to all those who have generously contributed to this lasting and permanent display erected in our newly renovated building.   

FROM OUR ONLINE AUCTION

Ascension Catholic Parish Online Auction May 25 - June 3, 2023
 
Our on-line auction raised $20,030.
We are so pleased with the results of the auction and truly appreciate your support.  All the funds raised will be directed to our Building Renovation Fund.

Thank you to everyone who donated an item or bid in the auction, we could not have done this without you!​
Store Card Program - On going launched June 3/4, 2017
We started  a new joint initiative with the Knights of Columbus Council of our Parish.
The Building Fund Committee encourages our parishioners to participate in the Knight of Columbus Store Cards Program. By adjusting our spending habits (groceries, gasoline, restaurants & entertainment) and using store cards, we can all make a valuable contribution to our Parish. A percentage of the revenue from the Store Cards Program sales will be committed toward paying down the mortgage of our Church building. See the short slideshow here to get an idea.