January 2020 Financial Update
January 2020 saw another $130,000 in new pledges and one-time donations for the Immaculata, bringing the total raised to $26,480,000. The remaining amount needed to reach the $30,000,000 goal is now $3,520,000.
“We appreciate each donor reviewing their pledge status report for accuracy and we have made some corrections as a result of those that have double checked the reports we have sent out.”
The amount collected from one-time donations and pledge payments during January was an amazing $2,200,000 bringing the total collected (of the $26,480,000 raised) to $21,810,000 of which $610,000 has been spent and $21,200,000 is on hand. Pledges to be collected in the future total $4,670,000 (this is the rest of the $26,480,000 raised). Most are paying their pledges through automatic monthly ACH bank drafts or employee pay reductions, which is the most efficient means for our internal processes. Please contact us if you would like to change your payment method to this means.
We have sent out a second monthly pledge status report by email to those with monthly pledges and will do so again in early March. If you are falling behind and have not already communicated with us, please contact us at mypledge@anewimmaculata.org to discuss what we should expect regarding the balance of your pledge. We appreciate each donor reviewing their pledge status report for accuracy and we have made some corrections as a result of those that have double checked the reports we have sent out. Those who have made an annual pledge will receive a second statement this summer.
You can find the latest available information on our Funds page.
Thank you all again for your tremendous generosity!