Building Fund
The Building Fund was created to pay down Ascension’s Catholic Parish's debt arising from the building renovation project, the purchase of the new Rectory, and the loan to purchase the former Lutheran share of the building. The Building Fund is separate from contributions received to cover regular Parish operating expenses. ​ The Parish’s total debt is approximately $11 Million. Recurring donations, such as those made using the Pre-Authorized Donation (PAD) program, are put towards the Parish’s monthly mortgage payments. Larger lump-sum donations, such as Donor Wall block purchases, are generally used to directly pay down the principal. By paying down the principal directly we can shorten our payout timeframe and reduce the amount of interest we need to pay on our mortgage. For more information on the renovation project, see the Ascension Renovations Committee page.
Building Fund Member
Michelle Davies - Chair
Virginia Rappel - Vice-Chair
Bernadette Balak-Paul
Holly Davidson​
Mark Holland
Donating to the building fund
Stand-alone donations to the Building Fund can be made by cash, cheque, credit card, or e-transfer. Recurring donations can be made using the Pre-Authorized Donation (PAD) program which allows Parishioners to set up recurring electronic contributions. You can also contribute to the Building Fund by purchasing a block on the Donor Wall or taking part in any of the other Building Fund fundraising initiatives.
​See the Giving page for all our donation options.
store card program
On going launched June 3/4, 2017
​We started a new joint initiative with the Knights of Columbus Council of our Parish. The Building Fund Committee encourages our parishioners to participate in the Knight of Columbus Store Cards Program. By adjusting our spending habits (groceries, gasoline, restaurants & entertainment) and using store cards, we can all make a valuable contribution to our Parish. A percentage of the revenue from the Store Cards Program sales will be committed toward paying down the mortgage of our Church building. See the short slideshow here to get an idea.