Download the PDF
HERE.
(I'm testing out a new file storage service, please give me feedback if you have the time. Thanks!)This will reportedly get daily updates as the fund drive progresses. Here's the first update as I received it in my email. At the end of it, if someone from The Center doesn't compile it I'll go ahead and create a pdf document that has all the pages.
Bulletin No. 1, Dec. 12, 2007
Bulletin No. 2, Dec. 13, 2007
Bulletin No. 3, Dec. 14, 2007
Bulletin No. 4, Dec. 17, 2007Bulletin No. 5, Dec. 18, 2007Bulletin No. 6, Dec. 19, 2007I've received a note from George Asensi with an explanation about the format of Bulletin Nos 5 & 6. Their scanner has bogged down and these bulletins don't have his signature, but rest assured they are genuine.
Bulletin No. 7, Dec. 20, 2007Bulletin No. 8, Dec. 21, 2007Bulletin No. 9, Dec. 27, 2007
Bulletin No. 10, Dec. 28, 2007Bulletin No. 11, Dec. 29, 2007
Bulletin No. 12, Jan. 2, 2008Bulletin No. 13, Jan. 3, 2008
Bulletin No. 14, Jan. 4, 2008
Bulletin No. 15, Jan. 11, 2008* * *
Edit:
I keep assuming the campaign to be over, hehe. It is still going strong, and believe it or not, we're halfway there! Lets keep this up, friends!
Here's a short message from George Asensi:
dear everyone, the Araneta conference and the 2 other conferences that followed, together with the full to capacity MC gathering last night were indeed awe-inspiring, uplifting, life-giving and truly Spirit-filled for us in Couples for Christ. we were waylaid for a while, but, now we are back in solid footing in metro manila, the entire philippines and abroad. we now move on.... let us not fail our AWESOME GOD! we are now over the half-way mark of our OTBT target. if we can accumulate the same amount in less than 5 months the same amount we were able to amass in less than a month, then we will be truly debt-free on the day we celebrate our 27th Anniversary at the Luneta in June. share your passion & love for community and to the Lord to the other brethren who have not heard yet of this campaign. or if the Lord is prodding you to be more generous still, go ahead, remit now! attached is the latest bulletin. i will be coming out with weekly bulletins to update you. God bless you all always! in the Lord's service, george
* * *
The Campaign Continues:
Bulletin No. 16, Jan. 18, 2008Bulletin No. 17, Jan. 25, 2008Bulletin No. 18, Feb.1, 2008A note from George Re: Bulletin #18:
This report covers the period from when we started the campaign up to today which is exactly 52 days. from a high of almost P20M, our debt is now down to only a little over P7M. that is about a third of the original obligations and in less than two months! how can you beat that?
if we push a little harder, let us wipe out, first, the P4.1M bank loans and, second, let us ask bridge-fund lenders to waive collections of their loans to the community. i have the list of these brothers and sisters. if you are one of them, please call me on my mobile phone 0920.9509039 or office landline at 727.9618.
in due time, we would be a debt-free CFC as we celebrate our 27th anniversary in june.
God is good, all the time!
George Asensi
Bulletin No. 19, Feb.8, 2008
Bulletin No. 20, Feb.15, 2008Comparative Report, Feb.22, 2008
dear brethren,
in lieu of the weekly bulletins that i previously issued, we are giving you instead the current loan balances (with comparative figures). these are based from the records of our accounting department. and you can be sure that the diminishing balances are because of your financial generosity.
we are almost there. we are just a little over P3M in our bank loans as of month end of February. we will be making additional payments soon. it won't be long now.
so, come on..... share those blessings! you know how God has blessed you brethren. show your love for God and community more concretely.
God bless you all!
in the Lord's service,
george
* * *
I am sure I don't have to reiterate, this is the best time and the best way to show our support and love for CFC. Let us ALL help put our house in order.
I've added a song in the player that I especially liked from the movie, Enchanted. I think it is kind of fitting.
* * *
Update from George, May 6, 2008RCBC - P 600,000.00
Bridge Fund - 1,627,000.00
-------------------------
P 2,227,000.00
We only have about P30,000 of OTBT funds after we made our last payment to the bank. Thus, we still need around P570,000.00 to completely wipe off the bank loans. As to the bridge funding, we continue to call on the lenders to waive collections over them and if they really want payments, then they will have to wait a little while.
In any case, consider that we only have about 1/10 (~10%) of the original debt we were left with! Great Job EVERYONE!
OTBT has shown that we all can step up when called upon. While the goal was not met in pesos....YET, it definitely was in spirit. Even through the budget crunches of the season, we collectively were able to raise a huge amount in support of something we believe and have faith in. While I certainly don't speak for the Council, I am quite certain they'd like to thank each and every one of you personally for the trust you've given to fulfill the task they've given themselves to better serve all of you. Let us now continue helping them to set our house in order and start the new year right with the Lord's graces.
The following is a short Q & A based on some of the feedback you've given regarding the OTBT campaign.
Download the PDF file
HERE.
Update June 11, 2008 From George Asensi:
As of today, our loan with RCBC still has an outstanding balance of P300,000.00, but, we have at least P60,000 from the OTBT contributions that we can use to pay. Thus, it would seem that we are not yet entirely debt-free as of today. We still need some P240,000.00 yet. Also, there is still a balance of P1.187M of the bridge funds. Of this, P715,000 is due to brethren who have aligned themselves with FFL and some P472,000 from CFC brethren who have not signified waiving collection of their advances.
The accounting department now has the responsibility to account for OTBT contributions. This responsibility was taken away from me to avoid conflict in our figures. Once a month, I am away from the office because of my assignment as PAH of Catanduanes, thus, i will miss at least a week of monitoring funds coming in. The department should be able to account if asked to because they have all the records with them. The loan figures I am giving out also come from the accounting department thru tita Norma Gabutina, Accounting Dept. head.
I am sure we will be able to wipe out our RCBC outstanding loan before June 21.
* * *
I believe we can all pat ourselves on the back for a job well done. Let us now look ahead to the years to come of transparency, fiscal soundness, and honest accounting. I for one am expecting it, and I believe this welcome change will be a very, very good thing.