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Estimated Cost
The estimated cost of the new church and essential furnishing is just over $11 million, comprised of the following:
Church construction cost $8,250,000 Architecture and engineering fees 875,000 Project contingency 1,000,000 Total church cost 10,165,000 Essential furnishings (altar, tabernacle, ambo, font, Mary shrine, pews, confessionals, stations, etc.) 900,000 Total Project Cost 11,025,000 Additional furnishings, fixtures, and liturgical elements, including stained glass windows, side shrines, statuary, sculptures, wall art, pipe organ, etc., will be purchased and installed either through building fund donations in excess of our target, or as planned gifts and bequests. This will provide future members of St. Thomas Aquinas an opportunity to join their fellow parishioners in making a sacrificial investment in their new spiritual home.
Fr. Joseph and the parish finance council have established a goal to raise a minimum of $10 million for the new church, including the $5 million raised in last year’s Living Our Mission campaign. Achieving or exceeding that goal would reduce, or possibly eliminate, the future financial burden of long-term debt. Following are details of funds raised to date and amounts needed to be raised to achieve this goal.Fund-raising plan for the new church
Cash and pledges received to date: $7,611,000Additional required to begin construction prep: $614,000
Additional required to reach goal: $1,800,000
Goal by year-end 2018: $10,000,000