The Foundation will raise funds for the Campaign 1 Fundraiser (less the $309,000 allocated for debt reduction).

Campaign 1Fundraising Requiements per Chart Below:   $ 2,364,000

Less Debt Reduction Portion:                                                (309,000)

Net Fundraising Requirements:                                         $ 2,055,000.

It is anticipated that this fundraising campaign may require four to five years.

This is not impossible.  As a guide, setting aside $1.37 a day (about the cost of a bottle of water) for 365 days a year will result in $500.00 a year.  Setting this amount aside every day for four years will result in $2,000 over this period.  If 1000 contributors could follw this example, $2,000,000 could be collected in four year period.

  

 

  

Funding Milestones  

                  • Pledge Amounts required before starting work on each phase of work.

                    (Diocese requires pledges equal to the estimated project cost prior to starting the work).

                  • Cash Donations required before starting work on  each phase of work.                    

(Cash On Hand must equal half of pledges prior to starting the work).

                

© 2007 Sacred Heart Foundation Inc
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