September 16, 2010St James' Hall and Social Centre Project1 Financing the Project How might the costs associated with any one of the options for the social centre be met?

September 16, 2010St James' Hall and Social Centre Project2 The Options Refurbish Estimated cost£695k ModifyEstimated cost£1.8m RebuildEstimated cost£1.95m

September 16, 2010St James' Hall and Social Centre Project3 What Level of Funding is Required? Existing level of weekly donations needs to be maintained to meet current running costs of the Church and Social Centre Parish Groups also need our continued support Proposal that 75% of the cost of Social Centre Project be raised prior to committing to the project

September 16, 2010St James' Hall and Social Centre Project4 Sources of Income Grants Realisation of parish assets Initial pledged lump sum One off donations Efficient giving Parish fundraising events Regular donations from Parishioners

September 16, 2010St James' Hall and Social Centre Project5 Level of Weekly Donations Needed to Meet Target Assumptions £100,000 already pledged from existing funds £10,000pa raised by Parish events and other sources 4 years to raise 75% of the projected cost Donations made by gift aid No. of Donors Refurbish£3.00 per week£5.00 per week Modify£9.50 per week£16.00 per week Rebuild£10.50 per week£17.00 per week

September 16, 2010St James' Hall and Social Centre Project6September 16, 2010St James' Hall and Social Centre Project6 An Idea from Last Year’s Questionnaire Should we be spending all this on ourselves? How about setting our target sum about 5% higher to enable us, as a parish, to support a poorer parish (or some other cause)? You may want to comment on this in the second discussion window

September 16, 2010St James' Hall and Social Centre Project7 Is this Possible? These are demanding but not impossible sums PROVIDED we get widespread commitment from the parish