Capital Fund Update
Posted: February 06, 2019
We’ve now paid off more than $2,000,000 of our mortgage!
Council approved a Capital Fund designation of $140,000 in January. With this designation, we will pay an additional $112,000 toward loan principal, allocate $21,000 to the facility, and allocate $7,000 to outreach. We’ve now paid off more than $2,000,000 of our mortgage principal! This is in addition to our mortgage interest, facilities projects, and outreach allocations since November of 2015.
Your gifts make a difference! Through your generous support, we’re eliminating debt to position us well for the future, AND making a difference in our church and community today. Thank you! To learn more or give online, visit our website at sotv.org/give.