Our Heritage Lottery bid, to be submitted on 25th May, requires us to declare how much matched funding we can rely on from the community. It will be hugely helpful to have firm pledges of donations and/or regular giving.
When the St Leonard’s Parochial Church Council (PCC) submits a first round Heritage Lottery Bid on 25th May, it has to declare the approximate level of funding the community will raise as a contribution to project costs. Heritage Lottery will then require that amount to be produced by the time the second round bid is submitted at the end of 2019.
Because of this, a letter has been sent to all Flamstead residents on behalf of the PCC’s fund-raising team to ask for pledges in one or more ways:
(a) a donation of value such as money or shares which will be made during the 2018/19 tax year
(b) a commitment to give a regular amount per week or month for three years starting now
(c) a pledge to leave a legacy for the ongoing maintenance of the church
Frequently asked questions
The following FAQs will hopefully clarify any points – if not please get in touch by email.
Q: Is my pledge legally binding?
A: No. Pledges are simply promises, made in good faith, to support the project.
Q: Is the appeal being made on behalf of the Parochial Church Council (PCC) or the Friends of St Leonard’s (FoSL)?
A: The appeal for pledges is being made by the PCC’s heritage fundraising team , because the PCC is the body ultimately responsible for the care and maintenance of the building.
Q: Does it matter whether money is given to the PCC or to FoSL?
A: It makes no difference – both are charities, and FoSL exists to raise money for the upkeep of the church so will pledge its funds in support of the Heritage Lottery bid.
Q: Will the money be used for anything other than repairs and maintenance of the church?
A: No, the money will be ring-fenced as legally “restricted funds” only to be used for church repairs and maintenance.
Q: What if I already support the church or FoSL?
A: We would be grateful for that existing support to continue; if you can give extra for a time then please let us know by means of a pledge.
Q: What about Gift Aid and tax-efficient giving?
A: At this stage we are jut seeking pledges or promises to give donations, rather than any actual money: the Gift Aid paperwork will be filed when the donation is actually made. Regular giving can start now and we will be in contact with the people who make this pledge, to obtain Gift Aid details. We have prepared some guidance on tax-efficient giving which you may find helpful: view or download the PDF by clicking here (opens in a new window or tab).
Q: What if the Heritage Lottery turns us down?
A: We will hear the results of the first round bid by the end of September 2018: if they turn us down we can apply again with a revised bid and/or pursue another course. If they accept the application then we have a year to call in the funds. Either way people will be kept informed.
Many thanks for your continued support.
The heritage fundraising team