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May 24, 2017

$1,000,000,000 and Counting

Categories: Events, General
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Faith Direct has reached an incredible milestone:  $1 billion in donations processed electronically for the more than 700 parishes we serve throughout the United States.  

“The gifts we’ve processed have been used by parishes to expand their ministries, strengthen their schools, serve their parish families and help those in need throughout their communities and worldwide,” says W. Brian Walsh, President of Faith Direct.

As an early leader in this critically important work, Faith Direct’s success reflects the way many of the faithful now support local churches, but a great deal of work remains. Even as America becomes an increasingly “cashless” society, the Catholic Church still collects just a small amount electronically. According to Walsh, “Our estimates suggest that at most only 20% of the $10 billion in annual donations to the Catholic Church are handled through electronic means.” 

Faith Direct is committed to helping churches adapt to the new reality – that we’re approaching a time when 80% of offertory will have to be processed electronically.

“We’ll reach our next billion-dollar milestone even faster, because eGiving is no longer just an option for parishes,” Walsh notes. “It’s a way of life for parishioners, with more families embracing this innovation each day.”

Church leaders are also realizing the benefits of this transformation in giving. “This $1 billion milestone represents the consistency that eGiving provides to churches,” says Walsh. “It protects them from seasonal fluctuations, weather disruptions and other events that can leave parishes under-budget for their ministries and operations.”

Faith Direct is grateful for the opportunity to help so many great churches and individuals do God’s work and make a difference in our world. On behalf of our entire team, we want to say “Thank you!” to the parishes and parishioners who trust us with their stewardship!