All Things New
Campaign Purpose
As challenging as our times have become, it is still an exciting time to be a part of First Baptist Church, Port Saint Joe! We have experienced unprecedented events, from a direct hit from a Category 5 Hurricane Michael to the onset of a worldwide pandemic, yet Jesus’ commission to teach and preach the Gospel and the Gospel-centered life, to hold high His Word and reflect His light in our community, is as vital as it has ever been. While God has richly provided for us since the storm, and believing that He will continue to provide for us, the time has come to rebuild our church facility to the glory of God. Our current monthly income is used for our operating budget, so we must now focus on a solution to move forward with our rebuild.
“All Things New” is the name chosen for our upcoming stewardship campaign, inspired by Ezekiel 11:19, 2 Corinthians 5:17, and Revelation 21:5. God has been and continues to be at work to make all things new, beginning with making new creations of every man, woman, boy, and girl who will believe on His Name. Constructing a new church facility will allow us to continue our church’s faithful heritage of serving God’s new-creation purpose for generations to come. We believe that with God’s guidance, this stewardship campaign will fulfill our financial needs. Every household will be asked to prayerfully consider making a sacrificial commitment— over and above your ongoing tithes and offerings—to be given over the next three years. Through “All Things New,” we plan to raise the necessary funds to move forward in ministry. Your involvement is vital!
Vision Sunday was held on March 27, 2022. During those special services, we learned about our Church Rebuild Project and “All Things New” and the importance of church-wide prayer as we move forward. No financial commitments were asked for or received on that day, but the church has been giving faithfully since. We encourage you to make this a special matter in your daily personal prayers. These are exciting days of decision in our church. Let us commit to seek and act in God’s will. For the Gospel and to the glory of God through all generations, we will move ahead with faith.
Looking to the Day when all things are new,
Dr. Boyd Evans | Senior Pastor
Now is the time.
WE ARE PREPARING FOR THE FUTURE! The primary focus of our All Things New campaign is to is to rebuild our church facility on our new 4170 East Highway 98/Field of Dreams property. We want to look toward the future of ministry as we invite our community to visit, attend, and find a faith family.
Our All Things New project features a new 20,000+ square foot church facility, including:
- Sanctuary/worship center with baptistery
- Large-group space and breakout classrooms for each of our Children’s and Youth Ministries
- Adult Ministry/Bible study classrooms
- Nursery suite
- Reception area/Offices for church staff
- Full kitchen
- Indoor Fellowship/Recreation space
- Children’s playground
- Functional outdoor spaces
- Welcome Area
Creative Giving Guide
By “thinking outside the box,” many people have found creative methods to increase their giving.
CASH FLOW GIFTS:
A person can give significantly by giving smaller amounts at higher frequencies. Weekly, semi-monthly, or monthly giving allows large gifts to be reached in smaller steps. You may want to take advantage of the simplicity of electronic funds transfers for this giving option.
DIVERTED FUNDS GIFTS:
Freeing up funds which are currently going to other areas of spending allows a person to increase giving to God’s work. Diverting funds from entertainment, dining out, dues, subscriptions, gifts, allowances, utilities, or transportation, offers lifestyle adjustments which impact one’s giving.
GIFTS OF ASSETS:
Gifts of major assets, such as a house, car, land, or business provides available income for giving.
DELAYED EXPENDITURES:
The delaying of purchases allows a person to significantly increase giving. The acquisition of major items such as automobiles, clothing, or trips, when postponed, allows substantial giving opportunities.
INCOME PRODUCING ASSETS:
Interest income, payments from rental properties or monies from other income producing assets provide a source for increased giving.
RAISES / BONUSES:
Dedicating one’s forthcoming raises and bonuses is a creative method people have used to increase giving.
SAVINGS AND ANNUITIES:
Savings for special projects, retirement or a “rainy day” may offer a resource for increased giving. Often we realize that a portion of our savings may safely be given to the work of God’s Kingdom through our church.
CORPORATE GIFTS:
Those who have used their business as a source for giving have made significant donations.
Gifts Other Than Cash
Consider transferring ownership of financial assets like stocks, bonds and mutual fund shares.
WHAT KIND OF ASSETS SHOULD I GIVE?
Appreciated investment property held more than one year, such as publicly traded stocks, mutual fund shares, bonds, real estate, collectibles and other such readily marketable property have tremendous tax advantages. Personal property such as automobiles, jewelry and other items may also be liquidated and the proceeds given to the church. There may be no capital gains tax benefits for personal property gifts, but the financial and spiritual benefits can be tremendous.
WHY GIVE GIFTS OTHER THAN CASH?
The tax code is very generous toward this form of giving. Giving the asset to the church, then letting the church sell eliminates potential capital gains taxes and can increase the after tax proceeds.
HOW DOES THE TAX BENEFIT WORK?
Itemized Deduction – The individual or business is allowed to include 100% of the market value of most such assets as charitable contributions for tax purposes if held more than one year. Capital Gains – The transfer of property does not generate a capital gains tax. The church, as a tax exempt entity, will realize the full market value, less transaction costs, at the time of sale without paying capital gains taxes.
WHAT IF I SELL FIRST THEN GIVE THE CASH?
You may be subject to capital gains taxes thereby reducing the after tax proceeds from the sale.
| Sell First | O-T-C | |
| Market Value | $20,000 | $20,000 |
| Cost Basis | -$10,000 | -$10,000 |
| Gain | $10,000 | $10,000 |
| Tax (assuming 20%) | $2,000 | 0 |
| Church Receives | $18,000 | $20,000 |
HOW DO I TRANSFER THESE GIFTS?
For stocks, mutual fund shares and bonds, if held “in street name”…
- Contact the church office. We will provide you with the transfer instructions.
- Contact your broker and request the transfer. You will be provided with stock powers or transfer papers to complete the transfer. When you have completed the transfer, please notify the church office. We can answer any questions you might have. No decisions regarding giving should be made without consulting your tax professional.