I was glad when they said to me, "Let us go to the house of the LORD!

"
~~~ Psalm 122.1

September 2013 September 2016

Capital Campaign

September 8, 2013

Dear Friends and Faithful of St John of the Ladder Orthodox Church, Twenty years ago many of you embarked on a journey of faith and a labor of love the refounding of St John of the Ladder Orthodox Church. Your efforts and the efforts of many others who have participated in and have been joined to this holy labor have been richly rewarded. By Gods grace, the beauty of Christs love has been made manifest through this communitymany have been received into the Church through Baptism and Chrismation, the faithful nourished by His Body and Blood, feasts celebrated, beloved family and friends remembered, suffering relieved, lives given direction and meaning, and enduring friendships formed. From humble beginnings in a parishioners dining room to the mill house on Allen Street to our present location in a former Methodist church building near the Donaldson Center to our newly acquired church property on Roper Mountain Road Extension, we have grown and matured as a community. Today we begin an ambitious effort and ask God to bless our 2013-2016 Capital Campaign. This Capital Campaign will help fund the construction of a 4600 sq. ft. new church building and a 3200 sq. ft. parish hall. Additionally, both buildings, connected by a mostly wrap around porch and walkway, will form a level courtyard, the centerpiece of which will be an outdoor baptistery. This new church building will allow us to easily accommodate at least 250 worshippers, and the new parish hall will have indoor seating for 168, effectively doubling the capacity of our present facility in both respects. The Parish Council and Building Committee have exercised good stewardship in planning for a total project cost that is estimated at $1.5 million. Taking into consideration our available funds, the equity we have in our present property, and our potential enrollment in the Diocese of the Souths Managed Debt Program, our goal is to raise $480k through the Capital Campaign. To reach this goal we are asking every parish family and individual to make a sacrificial gift. This is a once-in-a-generation opportunity to dramatically equip St John of the Ladder Orthodox Church to continue its mission in the Upstate of South Carolina. Before you decide on the amount of your gift, please prayerfully consider the generosity that God has shown you, the importance of the mission we have been given, and the staggering returns that God promises to the cheerful giver. Enclosed with this brochure is a pledge card. When completed, please return it in the collection basket in the vestibule or mail it to the church. Finally, when we began this process several years ago, our building committee set the following goals: 1. That our new church building should be an icon of Christ in the community--visible, and visibly Orthodox; 2. That our Church should honor and hallow Gods creation in its design and construction; 3. That, while remaining faithful to the Great Commission, seeking to draw others to Christ, we should build a church that serves the needs of our Parish as it presently exists; and 4. That we should be audacious in our hopes for the future of our worship community. As you look through this brochure, I am sure you will be delighted by the design and scope of the project. We are not merely constructing a new building; we are hoping to transform the experience of worship at St John of the Ladder Orthodox Church. May God make this audacious hope a reality! Sincerely yours in Christ,

VRev. Fr. Marcus C Burch, Rector

Mr. William Wamboldt, Campaign Chair

701 Augusta Arbor Way Piedmont, SC 29673 Phone: (864) 299-1140 www.stjohnoftheladder.org

THE DESIGN After carefully analyzing the Roper Mountain Road Extension property and evaluating several proposals, and after having received the recommendation of the Building Committtee, the St John of the Ladder Parish Council chose designer Andrew Gould of New World Byzantine Studios to develop plans for the new church building and the parish hall. The results speak for themselves!

Architects Rendering of the Proposed New Church Building

Architects Rendering of the Interior of the New Church Building

Approximately 4600 Sq. Ft. Floor Plan Accommodates at Least 250 Worshipers

View into the Courtyard, Proposed New Church Building and Parish Hall in Background Baptistery and Shed for Passenger Drop-Off in Foreground

Floor Plan of the Proposed 3200 Sq. Ft. Parish Hall Indoor Seating for 168, Outdoor Seating for 56, Total Seating 224

Kitchen Detail of the Proposed Parish Hall

THE CAPITAL CAMPAIGN St John of the Ladder Orthodox Church has been planning a building project so that our facilities can accommodate the needs of our parish and position us for further growth. In order to assess and prioritize the various needs of the parish the Growth Team and Building Committee have worked over the last several years to find suitable property and to help in the design of the new church building and parish hall. To make this a reality, it is imperative to launch a capital campaign with a goal of raising $480,000. The most effective way of doing this is to appeal to you the members, friends, and benefactors of our parish. Each parishioner, family, friend, or supporter is asked to prayerfully consider his gifts from God and then express their love and gratitude by making a commitment to St John of the Ladder Orthodox Churchs Capital Campaign. It is vitally important that everyone in our parish become involved in this campaign through making a commitment. The general Capital Campaign will start on September 8, 2013, with a presentation by Fr. Marcus and Bill Wamboldt, the capital campaign chair. Every family will be given or mailed a packet containing a brochure and pledge card. We ask that these pledge cards be returned to the church by Sunday, October 9, 2013, either in the collection basket in the vestibule or by mail. A spirit of Christian community and charity will surely be realized as we place the expansion of parish facilities at the top of our common priorities for the next few years. St John of the Ladders Capital Campaign recognizes the past generosity of its members, friends, and benefactors, and challenges each of us to greater sacrifice. Just as our present facilities have served us for many years, our new church building and parish hall will serve us for generations to come. SUGGESTIONS FOR GIVING The suggested giving plan encourages financial commitments over a three-year (36 month) period. The Pledge Card provides space for you to designate your total pledge, initial offering (paid by December 31, 2013) and payment interval that best fits your circumstances. An initial offering of 10%-25% of your total gift is suggested at the time of your gift plan selection. Commitment to a suggested gift plan offers the donor a giving program that is most convenient and tax-advantaged. Spreading the payment period over several years allows for a charitable deduction to be claimed in years when the tax liability is the greatest. It also enables donors to consider more significant contributions to the Capital Campaign than would otherwise be possible. SUGGESTED GIFTS (PAYMENT SCHEDULE BASED ON A 3 YEAR PERIOD AND 20% INITIAL GIFT) Pledge Initial 20% Monthly Annually Gifts Needed Amount Gift (36 Payments) (3 Payments) ? > $100,000 ------1 $90,000 $18,000 $2,000 $24,000 2 2 2 2 3 3 4 8 8 12 ? Total Gifts Needed At least 50 $60,000 $30,000 $24,000 $18,000 $12,000 $9,000 $6,000 $3,000 $1,200 $900 < $600 Total Pledge Amount $480,000 + $12,000 $6,000 $4,800 $3,600 $2,400 $1,800 $1,200 $600 $240 $180 --Total Initial Gifts $98,480 Then $1,334 $667 $534 $400 $267 $200 $134 $67 $27 $20 ------Or $16,000 $8,000 $6,400 $4,800 $3,200 $2,400 $1,600 $800 $320 $240 -------

YOUR COMMITMENT You are probably thinking: How much should I or my family pledge? No one can answer this for you; each person or familys circumstance is different. We do ask you to reflect on how much God has given to you and prayerfully respond with great love and generosity. Every parishioner has an opportunity to express his love of God and return to Him a measure of the blessings He has bestowed. Regardless, please consider your commitment to this Capital Campaign as additional support for the church. Regular tithes (General Fund) and offerings are still needed to ensure that the day-today services and operation of the church are maintained.

ADDITIONAL OPPORTUNITIES In-Kind Gifts These gifts will count toward the $1.5 million total project cost and may contribute directly to the reduction of cost and completion of the planned construction. Some examples are donations of professional materials and labor, furnishings, fixtures and equipment. They could also include such things as site clearing, landscape design, or other aspects of the project not included in this initial project. Matching Gifts If you work for a company that matches gifts, you can double your gift by following your employers matching contribution procedures. Please contact your human resources office for eligibility information and to obtain a matching gift form. Planned Giving Planned giving options can be powerful tools that impact both the giver and the beneficiary. If you are interested in learning more about retirement/IRA gifts, charitable remainder trusts, wills, gifts that provide ongoing income or other estate planning techniques that can help leave a legacy gift to St John of the Ladder Orthodox Church and your family, please contact Fr. Marcus or Bill Wamboldt. Underwritten Gifts Individuals or organizations will be given the opportunity to help cover the cost of items needed with the new church building, parish hall, and baptistery. Below are some examples. If you are interested in discussing underwriting options for any of these or other needs, please contact Fr. Marcus or Bill Wamboldt, Campaign Chair. Item Baptistery Holy Table, et al Nave/Narthex Furnishings Shed for Drop-offs Kitchen 32 6-Person Tables 224 Chairs Quantity 1 4 10 1 2 1 2 Gift Amount $25,000 $5000 $1000 $5000 $25,000 $3200 $3200

Church-Friendly Loans In addition to ones pledge there may be those who have monies that he or she might not be able to give outright to the St. John of the Ladder Capital Campaign, but that might be put to use in the form of friendly loans which would be used to fund a portion of the projected $1.5 million construction cost and would be guaranteed by the Diocese of the South. If you would like more information about this possibility, please contact Fr. Marcus or Bill Wamboldt, Campaign Chair, for details. Gift Acceptance Although pledge commitments may be paid over a three-year period, there is need to collect as much of the funding as possible in the remainder of 2013. It will be necessary to have a significant portion of funds in hand before beginning construction. Our plan will be to put our 701 Augusta Arbor Way property on the market only when we have met our target of $480,000 in pledges and $240,000 of that target has been received. We hope that you are able to structure your gift to help us meet the proposed construction target start date of July 2014. Gifts may be given in the form of cash, checks, credit, and stocks or other easily liquidated property (e.g., unused gold jewelry or silverware, coin or stamp collections, other collectibles, etc.) All gifts to the Capital Campaign are deductible as a charitable contribution to the full extent of the law. PLEDGE CARD (Please fill out, sign, and return your Capital Campaign Pledge Card to the collection basket or by mail to the church by October 9, 2013.)

St John of the Ladder Orthodox Church Capital Campaign

Name: _____________________________________________________________ Email: _______________________ Address:____________________________________________________________Telephone:____________________ 3-Year Pledge: [ ] $90,000; [ ] $60,000; [ ] $30,000; [ ] $24,000; [ ] $18,000; [ ] $12,000; [ ] $9000; [ ] $6000 [ ] $3000 [ ] $1200 [ ] $900 Other ___________ Amount Paid by December 31, 2013: __________ Amount Enclosed: __________Check # ________ [ ] Cash [ ] Other Remaining Amount: ______________ to be paid over the next [ ] 12 months [ ] 18 months [ ] 24 months [ ] 36 months [ ] Monthly or [ ] Annual Payment Amounts: _____________ Signature: ______________________________________ [ ] St John of the Ladder Orthodox Church may list my name in written materials when giving thanks to donors.
Donations are tax-deductible as allowed by law Non-profit 501(c)3 Federal Tax ID # 57-0929358 Please make checks payable to: "St John of the Ladder Orthodox Church" (Memo: Capital Campaign) 701 Augusta Arbor Way, Piedmont, South Carolina 29673 (864) 299-1140 www.stjohnoftheladder.org

RECENT HISTORY

1992-1994 1994 Jan 2002 2006-2008 June 2008 Sept 2008 Feb 2011 June 2012 July 2012 July 2013 Sept 2013

SJOTL Refounded Allen St Property (approximately $60,000) Old Augusta Rd Property (approximately $325,000) Retired Debt of Old Augusta Rd/Augusta Arbor Way Began Land Search Beginning of Great Recession 213 Roper Mountain Rd Ext (Approximately $355,000) Retired Debt of Roper Mountain (Approximately $250,000) Chose Architect and Began Design Process Design Complete Beginning of Capital Campaign to Raise $480,000 Restricted $0 $0 $3,200 $16,000 $25,000 $58,000* $51,000 $17,000 $41,000 $48,000 $268,000 $87,000 $138,000 $116,000 $349,000 $133,000 $164,000 $281,000 $163,000
$650,000 @ 6% $4,657 $4,657 $4,657 $4,657 $4,657 $4,657

SJOTL GENERAL FUND AND TOTAL INCOME FROM ALL SOURCES 1997 - PRESENT

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2013 2022

General Fund (% +) $22,000 ---% $35,000 60% $34,000 $62,000 77% $61,000 $86,000 0% 39% $91,000 $131,000 $109,000 27% $138,000 $146,000 34% $147,000 $133,000 $147,000 $144,000 $156,000 81% 7% $101,000 $173,000 $282,000 81%

Total $22,000 $35,000 $37,200 $84,000 $86,000 $144,000 $142,000 $148,000 $150,000 $186,000 $414,000 $234,000 $271,000 $263,000 $493,000 $289,000 $265,000 (July YTD) $454,000 (projected) $445,000 (projected)
Principal Reduction/month $1,001 $2,730 $1,709 $2,126 $2,542 $4,926

*includes $40,000 from proceeds of sale of 91 Allen Street Property Projected Income 2012 - 2022 2012 $156,000 2013 $173,000 2016 $190,000 2018 $210,000 2020 $230,000 2022 $282,000 Tithe + MDP (25%) = 35% $2,408 + $3,250 = $5,658 $3,783 + $3,604 = $7,387 $2,408 + $3,958 = $6,366 $2,408 + $4,375 = $6,783 $2,408 + $4,791 = $7,199 $3,708 + $5,875 = $9,583

Tithe is paid on Total Income; MDP (25%) is paid on General Fund Income. NB: This amount of debt could potentially be sustained at 2012 giving levels.

THE FUNDING and TIMELINE

Projected expenses and sources of funds.

Expenses New Church Building Parish Hall Site Work Remaining Fees Total Expense Sources of Funds Capital Campaign Aug Arbor Way Other Funds Mortgage Total

$950,000 $350,000 $150,000 $50,000 $1,500,000 $480,000 $300,0001 $80,0002 $640,0003 $1,500,000

Note: ~$360,000 equity in 213 Roper Mtn Ext property helps our loan-to-value ratio in obtaining a mortgage. 1. We will only move forward with the project when we have collected $240,000. 2. Approx $48,000 presently in building fund + projected savings from general fund over at least the next 9 months (5 mos x $2200 + ~6 mos x $3350) plus CCF&B. 3. What Mortgage Can We Sustain and Payoff with Growth?

35% of approx $160,000 Yearly Income = $4667/month Mortgage Payment on $650,000 (20 year amortization) 4%: $3,938.87 5%: $4,289.71 6%: $4,656.80 6.5%: $4,846.23
Proposed Timeline

September 2013 October 2013 January 2014 March 2014

July 2014 September 2014 June Sept 2015 May 2016

Capital Campaign Member Phase Begins Deadline for Pledges Site Clearing/Placement of Signage (Future Home) Bid for Construction Begin Marketing of 701 Augusta Arbor Way Choose Contractor Capital Campaign Friends & Benefactor Phase Ground Breaking (4th Sun of SJOTL --- March 30) Construction Begins Capital Campaign & Construction Update Projected Completion and Move Consecration

PLEDGES RECEIVED AND PAYMENTS MADE GIFTS Gifts Received Pledge Amount > $100,000 $90,000 $60,000 $60,000 $30,000 $30,000 $24,000 $24,000 $18,000 $18,000 $15,000 $12,000 $12,000 $9,000 $9,000 $9,000 $8,000 $6,000 $6,000 $6,000 $5,000 $3,600 $3,000 $3,000 $3,000 $3,000 $3,000 $3,000 $1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $1,200 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $360 < $600 < $600 Total Amount Pledged $157,060 Initial Gift (by Dec 13) Monthly (36 Payments) Annually (3 Payments)

1 1 1

$26,500 $5,500 $1,500

$500 ---

$5,700 $8,200 +/-$5,000 +

---

$8,000

1 1 1

--$300 ---

$100

Then $321 $27

Or

---

$40

$10

Total Gifts Needed At least 50

Total Initial Gifts $42,161

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