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St_Pauls_Board_Advice

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Excerpt from SlideShow for St. Paul's Dundas Board Feb 8 2015

Published in: Government & Nonprofit
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St_Pauls_Board_Advice

  1. 1. BOARD ADVICE  1/3 to short term capital  2/3 to long term investment
  2. 2. REALITIES  $850,000 – roof, brick, mortar, soffits  $300,000 – stained glass windows  $300,000 -- interior
  3. 3. OPTIONS  Do nothing  Fund the entire project with the bequest  Proceed with the restoration in stages and match the funding between the bequest and monies raised  Fund the project totally on fundraising
  4. 4. BOARD ADVICE  Proceed with restoration of the Sanctuary  Merge the roof and window restoration to leverage cost savings  Consider a matching approach for funding at a 60:40 ratio

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