Update: Black Oak Fundraiser a Success!
This provides a status report on the Black Oak Pledge
campaign from the Session and finance committee.
First and foremost the substantial and timely response is
appreciated. Your generosity and commitment to Rivermont
are to be commended. This acquisition will further the mission
of Rivermont to be a church that witnesses to God’s love.
$75,000 = Amount of $ targeted, which is $60,000 for the
property and $15,000 for renovations
$63,324 = Pledges received; 84% of pledge total
$46,672 = Actual receipts as of August 23, 2015
These are excellent results. Last meeting, the session
unanimously approved to use up to $12,000 from the Memorial
funds for to complete the campaign. The gifts made in memory
of our members contribute to a legacy that will benefit the next
generation of Rivermonters. A short-term promissory note for
one year was taken to enable the purchase. This note must be
paid in full by May, 2016. Currently we are paying down the
note aggressively as receipts allow.