Finance & Trustees Update: April 2021

The following is a brief update from our Finance Team and Trustees prepared for our bi-monthly Family Business update email.

Finance

Our finance team are staff Kevin Pasma, Joy Xz, and Dave Livingston.

Congregational givings are tracking behind budget by about 25% as further detailed below:

 
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You can give to the church through a number of ways including offering envelopes, pre-authorized remittance by electronic funds transfer, credit card, or online. Please contact Kevin Pasma (kevin@knoxtoronto.org) if you would like to learn more about how to support the ministry of Knox Church.

Praise God that we continue to be able to access government relief measures to help fill gaps in our budgeted revenue—such as givings and facility rentals—owing to the pandemic. To date, we have received approximately $442K of emergency government relief targeted at keeping Canadians employed during the pandemic. Praise God also that—as announced in the Federal Budget of April 19, 2021—these government relief measures have been extended into Fall 2021.

Thank you for lifting up in prayer the process already underway for developing next year’s ministry plans and budget, including plans for our global missions program. Pray for the leadership of our church as we discern the Lord’s leading in this regard and as we look ahead to presenting our ministry plans and budget to the congregation over the next couple of months.


Trustees

Our trustees are elected members: Paul Derksen (chair), Dan Andrews,
Martha Brown, Alena Parkinson, and Jimmy Susetyo.

We are in the process of reviewing applications for the Jesse Ketchum Trust Fund Grants. We received 25 applications including 6 new requests. Thank you to those who shared the information about the grant process to expand our reach of support.

The Trustees will soon discuss if any members will rotate off this year. We will keep you notified of any changes or need for nominations prior to the Annual Congregational Meeting scheduled for mid June.

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Pastoral Staff Notes: April 2021

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A Call to Action