| Summary of Project Budget
Projected Expenses:
|
Building Renovation
|
$2,975,000
|
|
Construction fees/contingencies/architect
|
250,000
|
|
Kitchen & Café Equipment
|
600,000
|
|
Furnishings
|
600,000
|
|
Medical Equipment
|
400,000
|
|
Fundraising Cost
|
100,000
|
|
Allowance for Uncollectible Pledges
|
60,000
|
|
Total Project Cost
|
$4,985,000
|
Projected Revenue:
|
Life Circles, PACE committed
|
$2,835,000
|
|
Senior Resources committed
|
150,000
|
|
Community Campaign in progress
|
*2,000,000
|
Total Revenue
|
$4,985,000
|
Community Campaign in progress
71.5% of goal on 1-18-08:
|
$3,565,615
|
Pledges needed to achieve goal:
|
$1,419,385
|
|
