As we enter the fourth quarter of 2013, we are feeling an urgency to move forward with our fundraising efforts for Guest Housing. Meetings with construction personnel are leaning toward a desired ground breaking date in spring of 2014. With that in mind, we still have a significant amount of dollars to raise in order to fund the project. Many thanks to loyal donors, Jack and Lynn Loacker, who have stepped forward with a challenge match. For every gift...between $1 and $1,000 received before the end of 2013...they will provide matching funds up to a total of $25,000. Thanks to the Loackers and the many others who believe in our need to provide a home away from home for those patients and families who travel farther and farther for Providence's cancer research trials and other services. Take a look at this video detailing one patient who travelled from "down under" for the world-class care offered here at Providence. http://www.providenceoregon.org/video/?view=d0648985f3e9cx480x293
Finally, we're halfway to our fundraising goal! It's been a long road, and we're not done, but we have reached a significant milestone. Now that we've achieved $2 million of our $4 million goal, we are able to put our project out to bid. We are able to now go talk to those company representatives who have promised us gifts of their services in helping with the building construction. We are able to write grant proposals to foundations which required us to have half our funding in place before submitting a request.
Next steps are for us to secure a general contractor and put the project out to bid. Once we know some of those details we'll be able to approach those companies who offered gifts in kind. We are hoping to work on the planning for the remainder of 2013. We hope to break ground next spring and be able to occupy by the fall.
While this is an exciting development, we still have a long way to go. We still need considerable support to make this vital project a reality.
The next significant milestone on our Guest Housing project is to reach the halfway point. The overall goal of this project is $4 million. However, once we hit the $2 million mark we can name a general contractor, put the project out to bid and determine costs for key construction areas. We've had offers of gifts in kind from a number of vendors who are interested in partnering with us. Once we have that contractor in place we can better communicate with these vendors to determine their levels of interest. It's conceivable that we could get some or all of the lumber donated. The same goes for the mechanical portion of the project. Who knows what other opportunities exist out there? It's exciting to see the level of interest being shown.
Our fundraising total for this project stands at approximately $1.85 million. That puts us very near that magic $2 million mark. We have a number of strategies in place to help us reach that total within the next month. We hope that we can put the project out to bid and perhaps even break ground before the end of the summer. Thanks for your help in moving this project forward.
On a related note, we were saddened this past month at the passing of one of our project's biggest supporters. Bill Moore (see photo) has been a huge advocate for guest housing. He donated a portion of the land on which we will build and he provided additional financial resources to help us reach our goal. Bill's family requested all memorials be directed to the Guest Housing Fund at Providence Portland Medical Foundation.