CAPITAL CAMPAIGN NEEDS | HOW TO DONATE
CAPITAL CAMPAIGN NEEDS
The Capital Campaign kicks off on "Love Your Co-op Day" —
February 14th, 2025 and runs through April 7th, 2025.
REMAINING TO RAISE: $102,410
Expansion & Renovation Costs:
New store facade/ cafe space ...............$ 60,357
Install commercial kitchen ................. $ 92,079
New coolers, condensers, HVAC .............$ 176,000
Electrical upgrade, signage ..................$ 124,644
Rear public entrance/seating ................$ 14,724
Design & architectural costs .................$ 50,152
Environmental Review (required) ............$ 5,000
Contingency Budget* .......................$ 70,171
Working Capital** ..........................$ 15,000
Additional Assets/Improvements ............$ 50,000
Capital Campaign Costs: ....................$ 12,500
TOTAL COSTS ...............................$ 670,627
* average construction budget overrun is 28%. We're budgeting 15%.
** as we grow, we need additional insurance, additional payroll, additional inventory
Total Funds Required:
Total Funds Required ......................$ 670,627
DRI funds awarded ........................$ 376,000
Cloudsplitter grant awarded ............... $ 5,000
Grant awards being pursued ...............$ 35,000
CAPITAL CAMPAIGN OBJECTIVE ........$ 254,627
Early member commitments ...............$ 71,802
REMAINING TO RAISE ................$ 182,825
GOAL:
$254,627
$152,217
If you have an Individual Retirement Account & are 70 1/2 or older, you may be able to make up to $105,000 of tax-free charitable distributions.
QUALIFIED CHARITABLE DISTRIBUTIONS
QUESTIONS?
Reach out to Board President Dawn Karlson at (860) 874-6325 or email her HERE,
or contact our Store Manager Alana Desjardins at (518) 558-1414 or email here HERE.
You may also contact anyone on the Capital Campaign Team:
Ash Alexander, Dawn Karlson, Margaret Kennedy, Mariann Rapple, Adine Viscusi, Bob or Jan Whitaker