DEBT FREE INITIATIVE
In the fall of 2021, we saw our church stretch its “margin of faith” by giving over $64,000 in one week to make a difference locally, nationally, and internationally. We continued to be moved by God’s leading when the giving for Hope Ministries exceeded our expectations. If God moved our members with such incredible faith, our team began asking God, “What’s next?” What if we could be DEBT FREE as a church by Easter Sunday . . . 2022! At the start of this year, Florence Baptist Church’s current debt on our property is $3.1 Million. If we continue at the current pace of 16% of our annual operating budget for Debt Retirement, it will take us until July 2028 to fully pay down our debt. That’s six years away. Over the years, we have accumulated liquidating assets of $1.55 Million. That leaves us with indebtedness of approximately $1.55 Million. We are halfway there. But what if we could be DEBT FREE by this Easter? The future of Florence Baptist Church’s impact could become a reality today. We could have almost $500,000 per year to put into new ministry areas. We could develop our properties as a gift to reach our community. Over the next six years, instead of paying down debt, we could use $3,000,000 to help people Experience Jesus, Grow Together and Make a Difference.
Questions About Giving?
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