Stewardship in Action
Our work at Queen of Peace during the pandemic has highlighted the importance we place on being good stewards of the funds entrusted to us to carry out our mission. We are most grateful to our many friends and partners who generously provide financial resources to us to care for our dear Residents. As good stewards of these resources, we make sure the funds are securely safeguarded until they are prudently dispersed on behalf of our mission.
As you may know, the charism of the Little Sisters of the Poor prohibits our accumulation of endowment funds. Rather, we rely on God’s Providence to meet our needs and the needs of our Residents. The Little Sisters tradition of “begging” stems from our unfailing trust in God’s Providence. Each year we must raise approximately 60% of our operating costs from gifts and bequests.
Leading our stewardship efforts is our business office manager Peter Fata. Peter, a retired senior executive with Verizon, has been at Queen of Peace for the last five years. Peter willingly gives his time and shares his considerable financial reporting and budgeting talents with us. He has become a trusted advisor as we evaluate and undertake the projects and programs required to carry out our mission and properly report all activities with the regulatory agencies involved.
The payment of funds for our expenses is managed by our accounts payable clerk, Gail McClinton. Gail has been with us for the last year and brings to the role a keen eye for detail and the meticulous review of each account payable payment made. We are blessed to have Gail’s dedication to stewardship is this important role.
We are most grateful to each of you who have partnered with us through the sharing of your treasure to support our mission. Please be assured that we will continue to be good stewards of all that has been entrusted to us through your generosity!