Parish Finances

Updated June 10, 2020

St. Stephen's is a charity, and uses its funds in support of its ministry and mission. The congregation depends primarily on donations and fund-raising to pay its expenses, and some income is received from the generation of electricity using solar panels.

Donations to St. Stephen's can be made using open collection, offering envelopes, the Electronic Offering Program,, or Interac E-transfer; see below for further information. 

An annual report is prepared for the Annual Vestry Meeting in February that has a full disclosure of the parish finances. Copies are in a literature rack at the church.

The Stewardship of Giving to Support the Ministry of the Church

From the Anglican Church of Canada

Stewardship is receiving God’s gifts gratefully, cherishing and tending them in a responsible and accountable manner, sharing them in justice and love with others, and returning them with increase to the Lord.” It is a complete lifestyle of accountability and responsibility acknowledging God as the Creator and Owner of all. Stewards, as disciples of Jesus Christ, see themselves as caretakers of all God’s gifts. Gratitude for these gifts is expressed in prayer, worship, action and offering by eagerly sharing these gifts out of love for God and for one another. In talking about stewardship the phrase “time, talent and treasure” is frequently used.

Joyful giving is sharing, in a planned, proportionate way, the wealth with which God has blessed us. It is a sign of our gratitude to God. It is an expression of our faith, of what we say we believe. We direct a portion of our giving through our parish because it is the body which most clearly bears witness to the meaning and values we find at the center of our lives.

How much should I give? Give in proportion to the goodness God has shown to you. Consider a weekly gift to your parish starting at one hour’s pay. Then, with prayer and sacrifice over a period of time you may be able to increase your gift. Those who are retired can also be encouraged to consider a donation of 2.5% from their retirement income which would be equal to an hour’s pay. This approach can have two very positive outcomes: First, it makes the work week and the work of our hands holy because our act of giving is intimately tied to how we earn a living. A blessing of sorts is given to our creative efforts made during the course of the week. Secondly an hour’s pay is simple and profound and it may increase with time to reflect our progress in life. Those who may be unemployed or facing serious financial burdens could consider how they might give of their time and talent to the church on a weekly basis and pray for the ministry of the Church. Everyone, regardless of income level should be encouraged to give something. Even in our hardship we experience blessing.

Annual Income $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000
Monthly 833 1,250 1,667 2,083 2,500 2,917 3,333 3,750 4,167 4,583
Weekly 192 288 385 481 577 673 769 865 962 1,058
Monthly Donation
       2.5% 21 31 42 52 63 73 83 94 104 115
       5% 42 63 83 104 125 146 167 188 208 229
     10% (tithe) 83 125 167 208 250 292 333 375 417 458

Ways to Contribute

The Envelope Secretary records donations, except for, and issues a Charitable Income Tax Receipt in February for identified donations $10 or greater made in the previous fiscal year. Semi-annual statements are issued to identifiable donors; contact the Envelope Secretary for corrections. 

Offering Envelopes

Offering envelopes, for use by visitors and occasional donors, and memorial envelopes are available at the narthex (entrance). A box of offering envelopes may be requested for those who wish to give regularly to St. Stephen’s; to obtain a box complete a Response Form, available at the narthex; or contact the Sides-person or church office. 

Electronic Offering Program

Money is withdrawn from your bank account on the 15th of the month and deposited to the parish's bank account. Donor Registration Forms to start or amend your offering are in the literature rack at St. Stephen's or

People may donate to St. Stephen's through this site using their credit card. It automatically deposits the donation St. Stephen's chequing account and issues the Charitable Income Tax Receipt. A service fee of 3% of the donation is deducted.

Interac E-transfer

To donate to St. Stephen the Martyr Anglican Church via Interac e-transfer, send an e-transfer request through your financial institution to

In the message, please indicate:


Operating Fund

Any undesignated offerings are applied to the Operating Fund. 

The Operating Fund is used to pay for the operating expenses of the church: pastor's stipend, the music director, program expenses and running the church building. In 2019, the budgeted expenses are $71,063. To help you better understand how your donations support St. Stephen's work, here is a breakdown of a $20.00 donation:


Diocesan & National Apportionment, Deanery BBQ, guest speakers, and Camp Gitchigomee.


Sundays, Blue Christmas, Christmas Eve, Ash Wednesday, Holy Week, and Blessing of the Animals.

Christian Formation

Sunday School, Tuesday Study group, Quiet Morning and Baptism & Confirmation preparation.

Pastoral Care

Home & hospital visiting, weddings, funerals & seniors' home services.

Community Development

Social and fund-raising events, Parish Council, Pastor and Church Wardens and Committee meetings, newsletter, Deanery Lenten Retreat, newsletter and website.

General Administration

Managing money, issuing income tax receipts and office equipment.

Property Fund

The Property Fund is used to pay for for minor repairs and modifications. The 2020 Property Fund budget is:

  2019 2019 2020  
  Budget Actual Budget Comments
BALANCE at January 1 -$     593.59 -$     593.59  $  2,333.16  
  Offerings/Fund-raising  $  1,700.00  $  1,310.00  $  1,400.00  
  Insurance Recovery  $  2,500.00  $  3,977.46    
TOTAL REVENUE  $  4,200.00  $  5,287.46  $  1,400.00  
EXPENDITURES - listed in priority order        
Contingencies  $     500.00  $      23.67  $     500.00  
Accident Repair  $  1,127.00  $  2,220.86    
Electrical Work  $     800.00    $     800.00 additional plugs
Sign for East wall      $     700.00  
Park Bench  $     200.00    $     200.00  
Sanctuary Floor  $     150.00  $     116.18    
    Sound System  $     200.00    $     200.00  
Parking Lot: grading  $     250.00    $     250.00  
Parking lot fencing  $     200.00    $     200.00  
TOTAL EXPENDITURES  $  3,427.00  $  2,360.71  $  2,850.00  
BALANCE at December 31  $     179.41  $  2,333.16  $     883.16  

Other - Designated Funds

On an offering envelope, a line marked 'other' has a space to write something in. 'Other' is used for designated donations where you write in what the donation is for, such as the Current River Churches' Food Cupboard, or a special fund-raiser.

Capital Fund

The Capital Fund is used to pay for major repairs and renovations to the church building; see below 'Special Appeal' for our current projects.

Memorial Board

The Memorial Board is mounted on the north wall (gospel side) of the nave of the church. Its purpose is to acknowledge a donation made to St. Stephen’s in memory of individuals who have died. There is no minimum donation, the only requirement is that an income tax receipt is issued. A plate will be mounted on the board that has the name of person who died, and his/her years of birth and death. The Pastor and Church Wardens are responsible for the ensuring that a plate is put up; the Envelope Secretary will ensure that they are made aware of donations that qualify for a plate. The Pastor and Church Wardens have discretion in making exceptions to this policy.

Friends of St. Stephen’s Board

The Friends of St. Stephen’s Board is mounted on the south wall (Epistle Side) of the nave.  Its purposes are to  acknowledge donations made by individuals to St. Stephen’s for special projects designated by the Parish Council, and to give people the opportunity to record their name in the church building.  At any time the Parish Council can designate the paying of arrears to the Diocese as a Special Project.  Beginning in 2013 each project will have its own plate with donor plates below.  The minimum amount needed to qualify for a plate is $250, given within any 12 month period; as of January 1, 2017, given within the calendar year.  Each donor plate will include the name(s), as specified by the donor(s), and the year of the donation.  Each name will only be put up once for each project.  The Envelope Secretary will ensure that the Pastor and Church Wardens are informed of a donation that qualifies for a plate, and the Pastor and Church Wardens are responsible for ensuring that the plate is mounted.  The Pastor and Church Wardens have the discretion to make exceptions to this policy.

Special Appeal

We are planning for $36,530:

Use the space marked ‘Other’ on an offering envelope and write “Special Appeal” to make your donation.

Nave Flooring Project

Looking at the nave carpet, one can see that in the aisle the seam is beginning to separate and it cannot be repaired. Eventually it will tear and become unsafe.

At the February 2, 2020 Vestry meeting, a motion was passed authorizing the fundraising of $7,000 for the replacement of nave, Vestry office and meeting room carpets and narthex flooring and that any residual funds will go the Capital Fund.

The Parish Council will consider the various options, firm up exactly what needs to be done and get a realistic quote. We need to determine what kind of flooring to put down. It could be carpet or something else. This project will be discussed at a meeting after worship this fall.

Use the space marked ‘Other’ on an offering envelope and write “Nave Flooring Project” to make your donation.

Solar Panels

The solar panels generate an average of $10,500 in revenue annually, and this income is available for the Operating Fund.

They cost approximately $89,000 and were installed in 2011. Initially funds were borrowed from the Rectory Trust Fund and the Archbishop Wright Building Fund to pay for the solar panels. On December 31, 2016, the loan from the Archbishop Wright Building Fund was paid off. The debt now remaining is $33,500, which is owed to the Rectory Trust Fund. Any funds donated to the Solar Panels will be applied to the Rectory Trust Fund.

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