Each person is invited to make a significant monetary gift to NewHope in October 2017 for the ‘Storehouse’. These gifts will be used to add capacity to our work as we address debt, the coming year’s budget and the cash flow needs of NewHope. The total 2017 ‘Storehouse Gifts’ will be distributed as follows:
1/3 for the 2018 NewHope ministry budget
1/3 for the 2019 NewHope ministry budget
1/3 for principal repayments on the NewHope loan
We will repeat this again in 2018 and 2019 inviting major ‘Storehouse Gifts’ late in the year and distributing the funds similarly towards immediate and future ministry budgets and loan reduction. This will allow us to reduce interest payments, address the principal of our debt and sure up annual ministry budgets so NewHope can flourish.