Financial Overview
The approval to move forward with construction is still pending by the Alabama-Georgia Conference of the Free Methodist Church and financing has yet to be approved by the Board of the Free Methodist Foundation. There is a three-year plan in place to service the construction loan and reduce the debt with the intention of having a final campaign in 2021 to pay off any remaining balance that may exist. We will use the same methodology as year’s previous when debt was eliminated on the current facility.
As construction on the Cowart Equipping Center begins, we want you to have access to all financial information and planning. Please see below for a full picture of the general funding plan.
As construction on the Cowart Equipping Center begins, we want you to have access to all financial information and planning. Please see below for a full picture of the general funding plan.
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