Development
committee rolls out plan to pay off short term debt
Friday, January 12,
2007 Michelle Strutzenberger
The Development Committee of Rhema Christian
School is unrolling a plan to pay off the school’s
line of credit.
The Committee has identified that
$80,000 could be raised over the next two years,
half of that amount within each year, to pay the
debt. The Board of Trustees has approved this
proposal.
The next step is to identify how
to raise these funds. The Committee brought recommendations
to the Board last night.
The Committee will be proposed two
approaches to the fundraising.
“To assume that everyone wants
to be approached in the same way is a mistake,”
says Allan Hill, chair of the committee.
One intended approach is to invite
longstanding supporters into the school for a
confab which could include a meal and reacquainting
with the school and people. “We’ll
then lay out the financial picture, which is one
of stability, as well as tell of the school’s
need to handle $80,000 in order to pay the line
of credit we have.”
“This [approach] is in particular
for those who know Ray [Hendriks] well, who see
him as much as a friend as well as a principal,”
says Allan, pointing out that Ray has a large
network of friends and acquaintances in the community.
A second line of approach is to
meet one-on-one with people who are relatively
new to the school. These could be community or
business leaders who have demonstrated an affection
for the school, either by being involved in it
physically or financially, says Allan. The financial
status of the school and request for help will
be presented in a one-to-one session.
“The plan is not to sit down
and arm-twist someone to sign a cheque,”
Allan adds. “We’ll explain the situation,
where we have been, where we see ourselves going.”
A package of information will then be given to
the supporters, so that they can review the stats
and think over their decision.
“We want them to make a wise
choice for their place in life and how they see
themselves addressing the need of the school,
if they do at all.”
This project to pay off the school’s
line of credit is to be called the Fresh Start
campaign.
Allan points out that this is “simply
a case of starting a long-term process for addressing
finances for the school.”
First, “we have this financial
monkey on our back that we want to get rid of,”
he says.
The next steps are to look forward
and identify what people are passionate about.
“What people are passionate about is where
they tend to put their time, their energy, their
money,” he says. He notes some might be
interested in new playground equipment while others
might eventually like to see additions to the
school building.
The eventual plan to is to
work towards goals related to those passions,
perhaps using the same approaches as those intended
for the Fresh Start campaign.
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