Posts Tagged ‘financing’

Fundraising Update

Wednesday, July 15th, 2009

An update from Tom Beaumont, Executive Director of The Firs.

As you can see by the thermometer graph a big part of the funding for this project is in place and a big part is still outstanding. While we have bridge financing lined up it has been our objective from the start to have this building paid off in three years (counting this one). We are in the process of getting the word out to all connected with the ministries of The Firs in one way or another. It has been very encouraging to see many rise up and commit a pledge or give a donation to this project. It is also very daunting to see how much is still ahead of us.

The funding for the Firwood Centerhouse actually started several years ago as people responded to the need. From a couple of estates and a number of gifts we started this year with almost $50,000 in our fund. 2009 has brought 53 people pledging over $244,000 and over $54,000 in additional donations so far and the gifts continue to come in every week. The donations range from $15 to $15,000 and come from expected and unexpected sources. While a big part of our revenue to date has come from our capital fund and the sale of an asset, before this is over I’m sure we will see a surge of gifts exceeding our expectations from a wide geographic area. We hope as well to see a significant grant from one or more charitable foundations. But mostly we expect God to show up provide us with what we need through people and in ways we could never imagine.

If you are interested in being a part of what God is doing at The Firs use this website to donate using the links to the right or simply put a check in the mail.

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Posted in Update

Progress Update #2

Wednesday, June 3rd, 2009

This past week has brought a flurry of action as the services [water, sewer and power] have been accessed to connect to the building site. This has meant digging up the road and regrading it. We should have word that we received our building permit either today or tomorrow. All of the financing is in place, so we are all geared up for the building stage of the project. The next step is to start excavating for the foundation. Thank you for all your prayers and support so far, keep them up as we continue on!

Construction crews work to move water, sewer and power lines. Click to see photo gallery.

Construction crews work to move water, sewer and power lines. Click to see photo gallery.

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Posted in Prayer, Update