If you are not able to attend this year’s auction but want to help financially with this year’s FUND AN ITEM please complete this forms and return to the school with your donation.  This year’s FUND AN ITEM is Going straight to pay on the Principal for the Building Loan to significantly decrease what we owe on the building.  We still owe_$1,302.881.00 on the building and have 11.2 years left on the loan and we would like to significantly reduce this debt and the years left.  The school cannot consider any building projects including that of a gym until the current building debt is retired.

If we raise $10,000 we shorten the loan by 1 month and save $6,539 in interest

If we raise $20,000 we shorten the loan by 3 month and save $12,999 in interest

If we raise $30,000 we shorten the loan by 4 month and save $19,367 in interest

If we raise $40,000 we shorten the loan by 5 month and save $25,659 in interest

If we raise $60,000 we shorten the loan by 7 month and save $38,005 in interest

If we raise $70,000 we shorten the loan by 9 month and save $44,057 in interest

If we raise $80,000 we shorten the loan by 10 month and save $50,033 in interest

If we raise $90,000 we shorten the loan by 12 month and save $55,929 in interest

If we raise $100,000 we shorten the loan by 13 month and save $61,743 in interest

If we raise $250,000 we shorten the loan by 31 month and save $140,253 in interest

If we raise $500,000 we shorten the loan by 59 month and save $238,748 in interest

Or we could raise the full 1,302,881.00 and have the debt retired!!!

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Fund-An-Item mail in donation Form:

Please accept my check for a Fund-An-Item donation of $____________________ to be used towards the principal on the building loan for Good Shepherd Lutheran School.

Name:__________________________________________________________________

Phone Number___________________________________________________________

Address:_________________________________________________________________

If your company matches these donations please let us know.  Thank you!!