1. May, 2005 Financial Management and Development Committee
Letting Down
the Nets
A Stewardship
Initiative
and Financial
Development Plan
approved by
General Synod, 2004
2. Financial Management and Development Committee
Implementing the Framework
The new ministry initiatives will evolve over the
period 2005-2008
By 2008 the funds required for implementation
of the new ministry initiatives will be raised
through Letting Down the Nets – a plan
developed by the Financial Management and
Development Committee and approved by
General Synod
3. Financial Management and Development Committee
The stewardship initiative and plan is
Letting Down the Nets
An initiative and plan to:
Enhance the mission and ministry of parishes,
dioceses and General Synod.
Raise significant new funds and resources for
mission and ministry for parishes, dioceses
and General Synod.
An inclusive plan, NOT a campaign and NOT
a new fix for the current budget.
A PLAN that will involve every diocese, parish
and reach every church member in the pew.
4. Financial Management and Development Committee
Some Key Factors led to the plan
for Letting Down the Nets
1. Rapid and faithful diocesan response and
leadership to honouring our Residential School
Settlement Fund commitment.
2. $1.8 million in planned and major gifts channelled
through National Office in 2004 alone for parishes,
dioceses and General Synod.
3. $11.4 million raised in the past 10 years through
annuity agreements alone.
4. Minimal yearly funding support (approx $300,000)
provided by General Synod has produced amazing
dividends through the work of a very small network
of Anglican Planned Giving consultants.
5. Financial Management and Development Committee
Major Focus of
Letting Down the Nets
All three levels of our church (parish, diocese
and General Synod) are considered but major
focus must be at the diocesan and parish
levels.
Plan will only work where there is a
compelling and vibrant Vision for our
parishes, dioceses and General Synod.
6. May, 2005 Financial Management and Development Committee
A stewardship initiative and
plan that focuses on
Four Major Areas
Stewardship education and
development
Proportional Gifts to General Synod
Annual Appeals
Planned Giving and Major Gifts
7. Financial Management and Development Committee
Stewardship Education
and Development
Accept stewardship education as a
transformational process.
Pilot a holistic stewardship initiative to
increase giving by at least 10-15% annually,
for several years.
Pilot projects to commence in 2005 in at least
4 dioceses covering a 3 year period.
Assistance required includes staff support,
resources and funding for diocesan training
and equipping events, workshop leaders.
8. Financial Management and Development Committee
Stewardship Education
and Development
The anticipated cost of each pilot is $125,000
over the three year period.
Several dioceses have now responded to the
invitation to become “pilot projects”.
Criteria has been established for discerning
dioceses and working model.
Dioceses will be visited to determine what
model will work best for them.
9. Financial Management and Development Committee
Proportional Gifts to
General Synod
Since 2000, dioceses have been asked to give
26% of annual revenue to General Synod.
Some dioceses do and some give less in this
partnership.
Full implementation of voluntary, annual
Proportional Gifts from dioceses to General
Synod would result in an additional $600,000+
per year for Framework ministry initiatives.
Most dioceses do not have a current plan for
increasing their overall level of giving.
10. Financial Management and Development Committee
Proportional Gifts to
General Synod
‘How can we help discussions’ have begun
between diocesan leaders and General Synod
Senior staff.
Proportional Gifts initiative will strengthen the
potential for greater funding support with
increased coordination and implementation of
diocesan-based financial stewardship and
fundraising essentials.
11. Financial Management and Development Committee
Proportional Gifts to
General Synod
Developing intentional partnerships with a
minimum of 2 dioceses in 2005 and additional
dioceses in 2006 at an anticipated cost of $15K
per diocese.
Total anticipated cost of this initiative over 4
years is $355,000.
12. Financial Management and Development Committee
Annual Appeals
A plan to research and coordinate future fundraising efforts
at national and local levels to ensure that the trust and
integrity of future fundraising initiatives are not seen to
compete with parish, diocesan and national interests.
A Fundraising Audit and Study of Anglican Journal, The
Anglican Foundation, PWRDF and Anglican Appeal is now
taking place in order to develop a strategic fundraising plan
to enhance the fund raising efforts of all four groups.
A full-time donor relations assistant will be appointed.
Total cost in 2005 is estimated at $110,000.
Total cost over 4 years will be approx $260,000.
13. Financial Management and Development Committee
Planned Giving and
Major Gifts
A plan to enlarge our capacity in seeking
planned and major gifts in support of ministry
and mission.
Gift planning vehicles make substantial gifts
possible.
Partnership agreements between General
Synod and some dioceses have funded
planned giving consultants with outstanding
results.
The plan is to raise at least $ 25 million this
way over the next four years.
14. Financial Management and Development Committee
Planned Giving and
Major Gifts
Expand and increase our network of Planned
Giving consultants over the next 4 years.
Provide training and support for planned
giving consultants and key diocesan staff in
the design and implementation of an
intentional gathering of planned and major
gifts.
This will cost a total of $1.8 million over four
years.
15. Financial Management and Development Committee
The Implementation Plan
Anticipated cost for implementing this plan over 4
years is $3.1 million from 2005 to 2008.
Funding is coming from external sources (ie. Dioceses,
foundations, endowments and individual donors - not
current General Synod budget.)
A variety of ways are being explored and special
materials produced.
Approximately $500K has now been
received/committed to Letting Down the Nets.
FMDC has asked the General Secretary to review
potential staff resources to support the implementation
plan which will be funded through Letting Down the
Nets.
16. Financial Management and Development Committee
Key Messages
Now is the time to initiate this plan
We need to invest in the present in order to
provide for future mission and ministry
You are invited into this plan and process.
This process is about living the values of our
partnerships and a shared Vision of our
mission and ministry.
This plan is to enhance the mission and
ministry of parishes, dioceses and General
Synod.
We will consult with you on a regular basis.
Your passion for the Vision and support of
the plan … is essential.
17. May, 2005 Financial Management and Development Committee
Letting Down
the Nets
A Stewardship
Initiative
and Financial
Development Plan
approved by
General Synod, 2004