The Hawaii Catholic Community Foundation, which manages the money collected through the Diocese of Honolulu’s With Grateful Hearts capital campaign, reported that, as of June 30, it has received more than $33 million of the more than $50 million originally pledged.
All parishes were required to participate in the With Grateful Hearts campaign.
The first column of figures right is the amount of money collected as of June 30 this year. The second column is the donation goal set for each parish. The third column notes the percentage of the goal collected. The fourth column is the amount of money collected that has been returned to the parish.
Parishes receive 25 percent of the funds collected up to its goal. Of the money a parish collects over its goal, it receives half. A parish earns back 80 percent of the money exceeding 150 percent of its goal. In total, more than $13 million has been returned to the parishes.
Five parishes conducted “combined campaigns” to raise additional funds for special parish needs.
The funds not returned to parishes went to diocesan programs including education endowments, faith formation, youth ministry, clergy retirement, social services and the cathedral restoration project.
Donor pledge redemption will continue until 2015.
For a more detailed report on With Grateful Hearts, visit the diocesan website, www.catholichawaii.org/stewardship, or call the Office for Stewardship and Development, 203-6723.
