Buildings and Maintenance Endowment



The earnings from this account are used at the discretion of the pastor to provide a perpetual source of earnings for major capital projects to benefit St. Patrick Parish. For example: a new parking lot, a new roof, restoration of the church interior, etc. Earnings are not to be used for day to day expenditures that should be paid through ordinary income. Earnings should be placed in retained earnings until the parish and finance councils have identified a major project.