Bricks and Mortar
Providence Academy “the school” uses tuition to provide for the operating expenses associated with running a school. Yet, as many already know, tuition does not cover the cost of our land, or our facility. Consequently, Providence Academy “the ministry” provides the land and the building that our children use.
It has been our privilege to watch God provide over and over again for Providence Academy in the last seven years. Since 2000, Providence has conducted two successful capital campaigns, built a beautiful $7 million campus, and graduated four classes of young men and women for a total of 60 alumni. Enrollment continues to climb, and this school year we are educating 462 students in grades K through 12. We are grateful and overjoyed at these accomplishments, for which we thank our heavenly Father!
The provision for the capital improvements came through the first capital campaign, "Building in God's Providence, which raised $2.5 million.
Building in God's Providence
These funds, coupled with a $4.5 million bond offering made the new campus possible.
Private Bond Offering Proceeds- $4.5 Million
Bond Pay-off Dates
April 2005- $1 Million
April 2008- $2 Million
April 2012- $1.5 Million
In April of 2005 we successfully concluded a second campaign, Trusting in God’s Providence, which raised $1.3 million for the repayment of the first bond series in the amount of $1 million.
Trusting in God’s Providence
Now the time has come to look to Trusting in God’s Providence – Moving the Next Mountain. We are pleased to announce a major gift initiative to raise $2 million for the repayment of the B series bonds on April 1, 2008. While 2008 is still over a year away, we know we have a lot of work to do to meet this goal.
Trusting in God’s Providence – Moving the Next Mountain
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