We've Reached a Million!!!
We’ve reached a million in pledges and that’s with only half of the pledge cards returned. If we receive as many pledges as our last campaign, we can easily make our target.
Keep the success of the campaign in your prayers and remember to return your pledge cards, if you haven't done so yet.
Blank pledge cards are available in the atrium.
Building Fund Debt end of October……………..$1,759,167
Less Fund Reserves ………………………......…. $214,406
Net Outstanding Debt October …………........….$1,544,720
Current interest, bank and legal fees to service debt costs approximately $85,000 per year.
2009-2011 Capital Campaign
Total needed to pay off debt April 2009 ..........$1,800,000
Total pledged through 11/15/09 ……………. $1,066,363
Pledged Surplus / (Shortfall) ……………........ ($733,637)
Actual donations received to date ………....… $365,990
Includes non-pledged donations