A crowd-funding campaign to restore the fire-damaged Protestant church in Hoek has raised 28,568 euros. The money will be used to repair the stained glass windows. The fundraising target of 30,000 euros was almost fully achieved. Investors had until 1 December to ‘adopt’ one or more windowpanes by contributing via the online platform www.doorgeven.nl. ABN AMRO MeesPierson assisted the church council during the crowd-funding project.
Arie van der Maas, the minister of the Protestant community in Hoek and head of fundraising, said: “The result of the crowd-funding campaign is fantastic. It was only possible thanks to the hard work of a large number of volunteers and the support of the bank. Once again we see the level of support that the church in Hoek enjoys within our community and throughout the region. We are exceedingly grateful to everyone for their generous donations.”
Rian Vens-Hagting, Director of Relationship Management at ABN AMRO MeesPierson Institutions & Charities, said: “After a successful first crowd-funding project for the Dom Church in Utrecht, we were keen to try out this new way of raising funds for smaller religious institutions as well. The crowd-funding campaign for the tower of the Basilica in Sittard has just been successfully completed. The fact that the target amount was raised virtually completely in Hoek means we can count this project a success, too.”
Alternative fundraising method
Crowd-funding is an alternative means of raising funds in which there is direct contact between investors and the enterprise they invest in. Investors receive a return on their contribution. Churches can make good use of the money raised through crowd-funding. The steady drop in their income over recent years has prompted them to look for new, modern initiatives to swell their financial resources. Crowd-funding fits in with this.
ABN AMRO MeesPierson Institutions & Charities
Institutions & Charities is part of ABN AMRO MeesPierson, the private bank of ABN AMRO, which provides a service to larger non-profit organisations. Its three main focus groups are fund-raising institutions, charitable trusts and religious institutions. Institutions & Charities provides religious institutions with payment, investment and asset management and other services.