On April 20, we converted a verbal agreement to a signed “Option to Purchase” the property. This is fabulous because it puts us in a stronger position to receive grants, like one now being considered by the Open Space Institute (OSI) to give up to $70,000 toward the purchase of the Property.
It also enables us to apply for a one-year interest-free loan so we can close on the Property and bridge any fundraising gap that may remain.
Here’s the challenge. Right now, we have $132,000 cash in the bank and another $10,000 in pledges. With the OSI Grant, our total will be over $200,000!!! And, while this is an incredible amount, the purchase price is $300,000. So we still need $100,000 to buy the land, plus another $50,000 for transaction and long-term management costs.
Therefore, Long Pond Conservancy must get commitments from you, the Long Pond donors that meet the $350,000 goal so we can purchase the Property to conserve it now and for future generations.
What can you do to help? Please make a generous donation in 2017. Then, if Long Pond Conservancy uses a loan to buy the Property, pledge to contribute during the time it takes to pay it off. In short, preserving the Long Pond’s western shore requires $150,000. Your donations and pledges are the key to success.
WE ARE CLOSE………TOGETHER, WE CAN SAVE THE WESTERN SHORELINE!!!
So many thanks for everyone’s help!
Long Pond Conservancy
We have saved 25 acres saved and with the 45 acres, our total acres preserved for future generation will be 70 acres. Amazing!
Visit our website to learn more.
- DANA BECK
- Michael Harriff
- Rich Feldman
- Jay Gupta
Organizer and beneficiary
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