Dear Staff member,
Thank you for considering being an early supporter of the Oakford Campus.
The delivery of the Oakford Campus will depend heavily on the prayerful and financial support of the Association and church community. The Board and Oakford Project Management Group are grateful for your willingness to support this significant undertaking.
Over the course of the project, it is estimated that $25-30 million will need to be raised in donations and pledges. This amount represents approximately 3 – 5% of the estimated financial resources within our church community. Raising this amount of money will require sacrifice on the part of the whole community. We ask that you prayerfully consider your ability to contribute, and respectfully ask that you give thought as to how you may be able to contribute 3 – 5% of your total financial resources over a period of time.
Information for staff members
Payments made towards the Oakford Campus will be used to fund costs associated with developing and constructing the new campus. Any donations made before the formal launch of the capital campaign will be deducted from your total pledge.
Should a decision be made not to proceed with the project, a proportion of any pledge paid may be returned to you, if total pledges received exceed the total project cost incurred.
As a staff member, you may choose to have your pledge deducted from your wages each fortnight.
We have been advised that Staff are able to salary sacrifice donations to the Oakford fundraising appeal. This enables you to gain the tax advantage upfront, rather than claiming at ‘tax time’. Advice is that this is a perfectly legitimate arrangement regardless of whether or not you have children attending school. It remains obvious that you should obtain your own independent taxation advice that is particular to your circumstances, but as a guide it can be assumed any voluntary contributions made towards the Oakford project will be allocated to the Building fund, and by virtue of our DGR status may be considered as a tax-deductible donation. Therefore, allowing salary sacrifice as an option.
A receipt will be provided for all donations and pledges. For once-off donations, a receipt will be provided once the payment is processed. For pledges paid over a period of time, a receipt will be provided at the end of each financial year.
To ensure sufficient cash flow, and to minimise the requirement for long-term debt, pledges are asked to be fully paid by the end of 2030.
While a pledge is a financial commitment, the FRSA is committed to working with those who experience extenuating circumstances.