Money and Giving
General Donations
Use the button above to give through PayPal. Or Venmo @SanctuaryCommunityChurch
**PayPal charges Sanctuary 3% for all donations. Venmo is free for Sanctuary (as are automated monthly donations through a checking account).
FOUR WAYS TO GIVE
1) Personal checks or cash on Sunday mornings. Or you can mail a check to 2205 E. Grantview Dr. Coralville, IA 52241
2) Automatic bank account transfers - contact our bookkeeper Lori Smith (lori@sanctuaryic.org) to set this up.
3) PayPal (see link above)
4) Venmo @SanctuaryCommunityChurch
All donations are tax deductible. Thank you!
GENERAL INFORMATION ABOUT CHURCH FINANCES
For many in our faith community, supporting our church financially is one meaningful component of their on-going connection to God. Here’s a bit of information about how our church does finances, as well as information about how to give if you desire to do so.
Dependency
While our expenditures go out in many directions—service efforts, ministry events, building expenses, salaries, bagels and coffee on Sunday mornings—our sole source of income is charitable contributions from individuals. We receive no income from a national organization, endowments, corporate entities, or any other type of business. We are completely dependent financially on folks who believe in our vision for church, and who value what we do enough to support our efforts with charitable giving. So if you already give, or are considering giving, thanks! We appreciate your support.
Accountability
We implement secure procedures for handling and counting the weekly offerings. We have a financial advisory board that prepares an annual budget, regularly performs accounting reviews of church income and expenditures, and ensures that all financial matters are in line with church values and priorities. Finances are also regularly reviewed by an outside accounting firm.
Transparency
Our finances are regularly reviewed by an outside accounting firm. We send out two giving letters across the course of the year to anyone who has made a financial contribution, and we publish an annual report that provides details of income and expenditures.
Generosity
Every year, our board commits to tithe, that is, to give 10% of all our church’s income to other organizations and those in need. In 2023 for example, we gave almost $50,000 to nonprofits like United Action for Youth, Shelter House, One Iowa, Iowa City Free Medical Clinic, IC Compassion, CommUnity, and more. We also have our own Financial Assistance Fund to assist those in need.
The Church Financial Board
The Church Financial Board functions as a financial oversight committee. It makes decisions regarding all larger financial issues including annual budgets, staff salaries, hiring new staff, and building management. Financial Board meetings happen once every quarter. Board meeting notes are available upon request by emailing board@sanctuaryic.org. The financial advisory board members are listed below and are all available for any questions you might have. You can email board@sanctuaryic.org with any questions.
Sanctuary’s Financial Board
Dustin Brooks
Katie Imborek
Katie Iverson
Kevin Larson
Kim Leman
Megan Roos
Adey Wassink, Senior Pastor and President
Tom Wassink