THANK YOU for Maintaining Our Financial Health
During the Covid-19 Pandemic
First, we would like to thank our parishioners for their continued support during these trying times. This is wonderful, considering all the changes we have experienced over the last two months.
While some of our operating costs are being reduced because of social distancing, our income from use of our facilities has dropped to zero, as our partners are unable to use the hall. Unfortunately, the Benedictine group will no longer be using our facilities in 2020. This will reduce our planned income by $4500. The fate of our other partners is still unclear.
Secondly, and happily, we want to let you know that the Diocese has obtained a Paycheck Protection Program (PPP) loan from the federal government. This loan covers the salary of all Diocese employees, including the Parishes, over an eight-week period, starting mid-April. It will turn into a Grant, if the employee count stays constant over the loan period. This will relieve some of the financial pressures we and all parishes are facing. But it will not remove our deficit for the year.
Please continue to honor and maintain your financial pledge, while we are not able to be in church together. You can mail your weekly pledge directly to St. Philip’s at 128 Main Street, Easthampton, MA 01027, attention Joe Bianca, OR you can now pay your pledge or other donations securely online here: https://tithe.ly/give?c=1332157.
Thank you again and God bless you all,
The Finance Committee