Wednesday, May 11, 2016

SATCH CAPITAL UPDATE

Here is an update from Satchel on our Satch Capital Giving for 2015 and 2016. Every month half of our ATM fees collected go to a local non profit, the other half we use for large Satch Capital grants.This time The Giving Committee has selected the biggest project ever!

Hey, Satch here with a note to add to Gracy's blog. We haven't reported where we spent our Satch Capital funds (from 2015) yet and I am really sorry. You see, we have $13,000 to spend and so we make the decision very carefully and think about all the grants we received and want to spend your money in the best way possible.  We have pretty much decided to spend the money to sponsor a Habitat house build.  That means we give about $50k and round up volunteers and help build a local Habitat home. We are saving the extra money needed to sponsor the build and also thinking about the timing that is best for us. We are hoping to officially announce this and begin to build in the Fall of this year. This is ATM money at work, plus we'll chip in some extra too from profits.  Thanks so much for your patience and support.  Satch

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